The Sun.
London, England, 1847-01-23 00:00:00

THE SUN, LONDON, SATURDAY EVEIIINC-1-, JANUARY 23, 1847.

NEW AND INTERESTING

BOOKS OF TRAVELS;
Just Published by Mr. COLBURN.

HOCITELAGA ; or, England in the New World. Edited by
ELIOT WARBURTON, Esq. Second Edition, 2 vols., 21s. bound.

TILE CRESCENT AND THE CROSS. By ELIOT WARBUR-
TON, Esq. Sixth Edition, 2 vols., with Illustrations, 21s. bound.

TRAVELS IN ALGERIA. By Viscount FIELDING anti
Captain KENNEDY. 2 vols., with Illustrations, 21s. bound.
IV.
CANADA AND THE CANADiANS, In 1346. By Lieutenant-
Colonel Sir RICIIAII.D BONNYCASTLE. 2 v 01.3., 21s. bound.

V.
TRAVELS AND TRAVELLERS. By Mrs. TROLLOPE. 2
vols., 20s. bound.

VI.
PETERSBURGH AND MOSCOW; a Visit to the Court of the
Czar. By R. S. BOURKE, Esq. 2 vols, 21s. bound.
VII.
TIIE SEVEN. YEARS' TRAVELS IN THE EAST of LADY
RESTER STANHOPE, forming the completion of her Memoirs.
3 vols., with Illustrations, 31s. 6d. bound.
VIII.
REVELATIONS of SPAIN in 1846. By T. M. HUGHES, Esq.
Second Edition. 2 vols., 21s. bound.

ECHOES from the BACK WOODS ; or, Sketches of Transatlantic
Life. By Captain LAVINGE. 2 vols., with Illustrations, 215.,
bound.

X.
REVELATIONS of RUSSIA in 1846. By An English Resi4ent.
Third Edition, with Additional Notes. 2 vols., with Illustrations,
215., bound.

THREE YEARS in CONSTANTINOPLE ; or, Domestic Manners
of the Turks. By CHARLES WHITE, Esq. Second, and Cheaper
Edition. In S vols., with 34 Illustrations, 245., bound.

RUSSIA, under the AUTOCRAT NICHOLAS I. By IVAN
GOLOVINE, a Russian Subject. 2 vols., with Portrait of the
Emperor, 215., bound.
Henry Colburn, Publisher, 13, Great Marlborough-street.
Orders received by all Booksellers.

PRESENT STATE OF PORTUGAL.
Just ready, in 2 vols., 21s. bound,
AN OVERLAND
JOURNEY TO LISBON,
AT THE CLOSE OF 1846.
With a Picture of the Actual state of
SPAIN AND PORTUGAL.
By T. M. HUGHES, Esq.
Author of "Revelations of Spain."
Henry Colburn, Publisher, 13, Great Marlborough-street.

RAILWAY SHARES BY PUBLIC SALE.
SESSII.S. LAMOND and Co., RAILWAY
SHARE AUCTIONEERS, beg to thank their Friends
and the Public for their continued support and patronage, and
to announce that their Public Sales of Railway Shares, &c.,
take place every Ttrasnav and FRIDAY. at One o'clock, at the
Hall of Commerce, Threadneedle-street, London, to which place,
favours, containing Instructions (with a reference), are respectfully
requested to be addressed.

All Scrip and Share Certificates must be deposited, the day
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Offices. Hall of Commerce. Threadneedle-street. London.

THIRD EDITION OF
"THE SUN."

THE VERY LATEST NEWS
WILL BE FOUND, AS USUAL, IN THE

THIRD EDITION OF g, THE SUN,'

WHICH WILL CONTAIN THE
DEBATES IN BOTH HOUSES OF PARLIAMENT
UP TO THE HOUR OF POST,

THEREBY ANTICIPATING OTHER PAPERS BY
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STATE OF IRELAND.

A FULL REPORT of LORD JOHN RUSSELL'S
SPEECH, on his bringing under the consideration
of the House the STATE of IRELAND, will be
given on MONDAY, JANUARY 25, in a THIRD
EDITION of " THE SUN."

! Ireland are being accepted by the popular representa-
tives. This commendation must in simple ittstice
be passed upon the leaders of the Protectionist Oppo-
sition, that they are evincing every readiness to
forego anything relating to the exclusive interests of
their own party which might impede the movements
of the present Administration in coping with the
difficulties arising from. the apparent scarcity of
provisions. In acting thus, they are virtually acknow-
ledging that the calamities existing in various
portions of the United Kingdoms are so alarming in
their character as to render any protracted display of
hostility a heinous offence on the part of the dissen-
tients, and at the same moment they are showing
that a suspicion has at length crept upon their minds
that their capacity for opposition is too much embar-
rassed to be effectual. Their present quiescence is a
bitter pill, which they are endeavouring to swallow
with the best grace possible. Our opinion, however,
as to the honesty of these agrarian gentlemen is ex-
pressed elsewhere : we shall restrict ourselves in this
place to a consideration of the progress of the Minis-
terial measures introduced by Lord J. RUSSELL and his
colleagues for the purpose of assuaging the sorrows of
the starving population.
Immediately the motion for a temporary suspension
of the corn and navigation laws was laid before the
Committee by the Prime Minister, it was unani-
mously accepted by the Legislators, although pecu-
liarly unpalatable in many instances. This accept-
ance by the Monopolists, however, was scarcely so
much a graceful concession as it was a stubborn
necessity. What bad been granted five separate
times by the Legislature since 1755 could hardly be
refused upon the sixth application. Honourable
Members could scarcely be afflicted with such pre-
posterous foolhardiness, as to render their names
execrable to a multitude stricken by famine, by
obstructing a temporary enactment merely because
it clashed with their theories of political economy.
The consequence was obvious. The Bills for the
suspension of the laws relating to corn and navi-
gation were forwarded one stage on the very evening
of their introduction. Another step has been taken
towards the dimunition of the sufferings arising
from the dearth in Ireland and Scotland. In fulfil-

ment of the intimation contained in the Speech from
the Throne, the Government has proposed the removal
of all difficulties as to the employment of sugar and
molasses in brewing and distillation. The Chancellor
of the Exchequer has explained his ideas upon
this question to the House of Commons, and the latter
in Committee has expressed no definite opposition to the
Ministerial scheme. It is true that Lord GEORGE
BENTINCI has intimated his intention to propose an
amendment to the effect that the measure shall not
be permanent; but that interposition, we take it, is
merely pro forma; the Noble Lord cannot assuredly
be solicitous to render himself the opprobrium of
the million by a hopeless interruption of the business
of the Legislature. The reduction proposed by the
Chancellor of the Exchequer is of a singular
and unusual character; it is a reduction
which, while it will tend to the alleviation of very
considerable distress, must inevitably, as far as human
calculations can foresee, conduce to the enhancement,
instead of the reduction, of the revenue. It is a re-
duction, moreover, based upon experience. From the
recent diminution of the duty upon rum, sugar, and
molasses, it was anticipated that there would be
a deficiency of between 300,0001. and 400,000/. ;
whereas the balance-sheet has shown an in
crease beyond even the most sanguine anti-
cipations of Sir ROBERT PEEL. It is not ex-
pected, however, that the reduction* of duties
upon these articles will materially affect the use of
malt and barley in distillation : it will only afford
brewers and distillers a resource in the shape of
sugar and molasses, when grain has risen to an
exorbitant price. For example—the duty on a quarter
of malt being 21s. Bd., and the duty on a correspond-
ing amount of sugar being 225. 6d., the preference
would naturally be given in times of plenty to the
former as a vast deal more economical. When, how-
ever, as occurred only the other day, barley has risen
to such an extortionate price that the brewers are
compelled either to discontine their malt operations
or to charge an additional penny per pot, the admis-
sion of sugar into those establishments would be a most
appreciable advantage. The benefit therefore accruing
from the measures proposed by Sir CIIARLES WOOD,
cannot so much be the reservation of grain for house-
hold purposes as the ensuring of a sufficient supply
of cheap beer to the population at a reasonable
price. In like manner, upon the equalisation
of the duties upon rum in England, Tr-
land, and and Scotland, there must L. a certain
balanr. ne ..„1j dila consumption—a balance of a
most salutary nature—one poised in such a manner
as to ensure the advantage of the consumers and dis-
tillers, as well as the sensible advancement of the
revenue. With this proposition the good labour of
the Administration for the diminution of the suffer-
ings experienced in Ireland and elsewhere progresses.
We are glad to perceive an energy in the Legislature
commensurate with the difficulties of the emergency.

Without at all entering into the questions in dis-
pute on the subject of Sinde between General NArtnu
and his adversaries, it must be manifest that it is impos-
sible to come to the conclusion that Sinde is an useless
and expensive acquisition until we are informed accu-
rately, not only of the amount expended by the:Govern-
ment in Sinde since it has been a British possession, but
likewise of the manner in which that amount has been
expended. If, for instance, any portion of that
amount has been expended in opening up new routes
of communication between different parts of the
country, so as to give an impetus to the commercial
'prosperity of the province, if any portion of that amount
has been expended in the construction or repair of roads,
or in the construction or repair of canals or bridges,
or in Me rendering navigable.parts of the Indus, or of
any -of its branches, such portion-of- that amount
so
floss,
can no more be put dawn to the account
of loss, than can the expense of construction of a
railway be put down to the account of loss. In
each case it is capital invested with a view to a
return, and it matters nothing to the argument
whether this investment be a national investment
of national capital—as is the case with many of the
Belgian railroads, and with any public works which
may have been constructed by Sir CHARLES NAPIER
in Sinde—or a private investment of private capital,
as is the case with the railways of England.
The question then arises—has any portion of the
amount expended in Sinde been expended on public
works of this nature ? the answer to which is,
undoubtedly a very considerable part of such amount
has been so expended. For instance, Sir CHARLES
, -4 r;.- $w miles longs
extending into deep water; and we happen to know
that on the 20th of November last a commercial
steamer was actually loading at this pier with goods
that she was to take these goods to Sukkur, and to'
reach the Indus by a natural inland salt
canal, rendered fur navigation by
engineers employed by Sir CHARLES NAPIER. Kur-
rachee, therefore, is now a port, and the first start is
given to commerce by the Indus for Central Asia.
Surely it is absurd to put down the cost of the forma-
tion of this pier, of the rendering navigable this canal,
to the account of loss by Sinde. It should be put down
to the capital account, and there is every reason to be-
lieve that it will turn out to be one of the most judi-
cious national investments of national capital ever
niade. But even supposing that such should not be the
case—admitting for the sake of argument that which
is not the fact—that the revenue of Sinde is insuffi-
cient to maintain Sinde, is that a valid reason for
giving it up ? Is it to be henceforth laid down as a
rule that every British possession, the revenue
derived from which is not sufficient to pay the cost
of its maintenance, as such, is to be at once aban-
doned ? Does Gibraltar support itself ? Does
Malta ? Does Heligoland ? Does Aden ? Will
the revenues of Oregon ever pay the ex •
penses of its colonization ? And yet no one dreams
of proposing to , relinquish these possessions. Not
twelve months since we were prepared to go to war
for Oregon. It is impossible to apply to possessions
retained as great military and naval stations the same
rule that we apply to colonies, retained for purely
commercial purposes ; and that Sinde is a most im-

portant military station—that its possession, 'form-

ing as it does one of the natural frontiers of India—

is absolutely essential to the well-being of our Indian
empire, is a fact which cannot be denied. Of the im-

portance, in a military point of view, of the possession
vor Sinde, and of the command of the navigation of

the Indus, which its possession affords, we had a re-
markable instance twelve months since, on the break-
ing out of the Seikh war. Mad not Sir CHARLES
NAPIER been in Sinde, at the head of a British
force, a much greater number of Seikh troops
would have been at Moodkee, Ferozeshah,
Alliwal, and Sobraon; but as the British had posses-
sion of Sinde, the Seikhs were unable to concentrate
all their forces on the Sutlej. We, however, utterly
deny the assertion that the revenue of Sinde is insuf-
ficient to defray the expenses of its maintenance
as a British possession; and when the items
of expenditure shall be made known, and the
account dissected, it will be found that not only
has there been no actual deficiency in the re-
venue of Sinde, but that in reality it has yielded a sur-
plu3 every year since it has been a British possession.
Of its importance as opening up to British enterprise
the commerce of Central Asia by means of the Indus
and its numerous tributary streams, there can be no
doubt whatever; and whether we consider the sub-
ject in a military, a financial, or a commercial point
of view, we are equally satisfied of the immense
value of the splendid possession which has been con-
ferred on his country by the hero of Illeanee and
Hyderabad.

We noticed yesterday that the Duke of Bien-
Morin took advantage of his trip to Brighton to un-
kennel the Protectionist fox. The same feat was per-
formed last night in the House of Commons by Lord
GEORGE BENTINCK, who declared he had merely
" consented that there should be a truce to all poli-
tical hostilities until the Noble Premier had settled
the affairs of Ireland." So soon, then, as legislation
shall have done its best, for the time,
with respect to that afflicted portion of the
United Empire, Lord GEORGE will be equally
ready, with his ducal colleague, "to pull off his
gloves," and get up, in right earnest, a political
boxing match. Hence we are perfectly borne out in
the views we expressed, that the calmness which the
Protectionists evinced on the first night of the session
was purely specious ; that the unanimity professed
and observed was completely hollow, and that their
tactics "sprang not from choice, but necessity."
Had the actual features of national distress been less
severe than what we unhappily know them to be,
the Protectionists would have been equally coerced
into.adopting the same course. Like every other
political sect, they cannot altogether afford to
fly in the face of public opinion, without some por-
tion of which, however, erroneous the direction it may
take, they must soon cease to exist. Any serious at-
tempt, therefore, on their part to thwart the progress
of the Ministerial measures for alleviating the famine-
stricken population of Ireland and Scotland, whilst
their miseries are so appalling, would have drawn
down upon them the execration of every philanthro-
pist in the empire. ,And yet every one of these
measures is an useful engine for demolishing the dila-
pilated barriers that remained of their favourite
stronghold of monopoly. No doubt the hops had
been entertained, from the termination of the last
session, that during the long vacation circumstances
would have intervened to justify their offering a fierce
opposition to any proposition that might emanate from
the Government, calcukted still further to weaken the
foundations on which the Protectionists delusively
conceived the real interests of agriculture had been
wisely raised. This hope signally failed them. The
revenue has prospered, and corn has realised high
prices, added to which, the stern dictates of nature
have completely baffled all their cabalistic arts. The
people are no longer spell-bound by their self-vaunted
wisdom. In Buckinghamshire, once the se-
lect haunt of agricultural prejudice, the
farmers regard with content the important change
last year wrought in the laws affecting cereal pro-
duce. They care little for the wild apprehensions
for the future engendered in the bewildered brains of
the great feudal proprietary. What is true of Buck-
inghamshire is equally true, for the most part, of the
rest of the country. The power of the Protectionists
is gone, and, considering how mischievously it was
wielded whilst they held it, a greater blessing could
not have been conferred upon the country. The only
power left them last year was that of upsetting a
government. With the completion of this act their
political strength became exhausted. Theirlast signifi-
cant manoeuvre was one of destruction. The pro-
vince of erecting a government will never rest with
the protectionists. So desperate is their condition
and unsettled their principle of action, that they re-'
semble nothing more closely than rats in a sinking
ship. They are in extiemis, and most amusing it is
to observe how they strut and fret their hour on the
stage. They tell us how valiantly they will fight
before long. In the meanwhile, none are better
aware than themselves that all they consider worth
fighting for is fast slipping from under them.
They mourn over their losses. Under protest, they
part with the several props to their tottering edifice,
gravely assuring us that they mean to have them all
speedily back again. The truth is, they mak9 a
virtue of necessity—they assume a virtue if they
have it not. At the close of the Parliamentary
labours of the past, as well at the commencement of
those of the present year, Sir R. PEEL distinctly in-
timated that he meant to adhere to the same liberal
commercial
policyby which he had achieved the de-
feat
of
the
which corn-laws. The identical combination
of parties
effected this grand object in 1846,
exists, and is animated with the same spirit to de-
velop the principles of unrestricted commerce. The
Protectionists, therefore, stand alone, and are utterly
helpless. They are living monuments of their own
folly. For,a series of years they have clandestinely
carried on, by means of class legislation,
a thriving
trade as the receivers of stolen goods. The trick is
now fully understood. They have been tried and
convicted
flar ceny against the State. Their present
isolated is the legitimate penalty of their
position o
nefarious practices.

Madrid papers to the 15th have arrived. They con-
tain no news. The discussion on the Address in the
Senate had not concluded.
MADRID BOLSA, JAN. 15.—The Three per Cents.
closed at 31i buyers; Five per Cents. 20. k ; Passives, 61;
and Coupons, 184.

We have received the Paris, papers of Thursday.
The Speech of the Queen of ENGLAND on opening
Parliament on Tuesclay,_and the speech of M. GuizoT
in the Chamber of Peers, on the Spanish marriages,
which was delivered on Wednesday, are subjects of
comment in all of them.
In speaking of the QUEEN'S Speech, the Debate says—
" Like the King of the French, the Queen of Great Britain.
maintained. On the subject of the Duke de Mon:penser's
expresses herself with a reserve on
expresses a firm confidence that the peacetofoEGuorovpeetnum•ilelnbtse
marriage, the Queen
which we hare only to congratulate the w
and the two countries. She confines herself to saying that
this marriage has given rise to a correspondence. It is stated
that at first the intention was to make official mention of
the difference which had arisen between the Govern-
metwo
Weanrl
are happy, to see tl,_,,mtthj is"o;
arl
...~ur~~ther to lessen than to aggravate so regretable a
difference." '
All the journals speak in terms of the highest com-
mendation of the manner in which the annexation of
Cracow is alluded to in the QuEgN's Speech. The
Opposition journals contrast it with the language used on
the same subject in the speech of the KING of the FRENCH,
and draw comparisons between lyi. GUIZOT and Lord
PALMERSTON by no means favourable to the former. This
contrast is rendered still more favourable to Lord PAL•
stEnsToN by the speech of M. GUiZOT on the subject of
the Spanish marriages in the Chamber of Peers on
Wednesday. Looked upon as an oratorical display, the
speech is worthy the high reputation of M. GUIZOT
looked upon as en argument in defence of the conduct
of the French Government, it is a confession of conscious
weakness. Throughout the whole speech M. GUIZOT
rests his case on the garbled dispatches which were first
presented to the Chamber. He never once alludes to
the unmutilated dispatches which he was subsequently
forced to produce, and from the beginning to the end of
his speech he neither mentions nor alludes to that which
is the pivot ,npen which everything It this controversy
turns—LOrdAßEADEEN'sletter to theDukeofSOTOMAYORI
All the papers comment on. this fart except the Epoque,
t et
tt s
s 1i 0
w d , vte that
the Debate, and the -Presse. • Atvther remarkab'e part
in the speech of M. GUIZOT is , eat in which he asserts
h
anretinie m 0 nor Count
CnOstliUt
Bita neither
o x
were al Frenchanr
t l 0
marriage should take place contemporaneously with
that of the QUEEN, and that I was only on the sth of
September that Count linEsloN, reluctantly yielding to
the importunities of the Sp&ish Government, sanctioned
this arrangement. What oust M. GUIZOT think of the
intellectual qualifications of those to whom he could
venture to make such a statement ? With regard to
England, he admits that ,he is dissatisfied, but he thinks
that if, ou the one hand the French Government main-

tains its general policy, and, on the other, shows itself
determined to maintain the propriety of what it has
done, and to' abstain from all concessions and all ad.
vances, that the dissatisfaction of England will die
away. This is a sounding sentence, meaning
nothing. What is the nature of the general
policy which the French Government is to maintain ?
On the whole, it is manifest that M. GUIZOT has signally
failed to make out his 'case, that he has shirked the
charge of garbling Lord PALMERSTON'S dispatches, and
has consequently damaged his cause considetably.
A report prevailed on the Paris Bourse that Prince
METTERNICH died on the 15th at Vienna. It was not,
however, generally credited.
The Three per Cents. closed on the Paris Bourse on Thurs-
day at 771.65 c. ; the Five per Cents., 117 f. ; the Orleans Rail-
road Shares, 1,215 f. ; Rouen, 875 f. ; Havre, 670 f. ; Great North-
ern. 6101. ; Avignon, 8221. 50c. ; Vierzon, 580 f. ; Bordeaux,
5431. 75e. ; Boulogne, 4301.; Dieppe, 3501. ; Paris and Stras-
burg, 4751. ; Tours and .Nantes, 475 f. ; Paris and Lyons, 497 f.
50c. ; Lyons and Avignon, 4851.
BUSINESS DONE IN FOREIGN RAILWAYS AT THE
LONDON STOCK. EXCHANGE, JANUARY 22.
Boulogne and Amiens, 14—Dutch Rhenish, 3% —East Indian, %
—Great Indian Peninsular, % —Great Southern of Madras, IA
Luxembourg, 2 —Namur and Liege, 3;y—Northern of France,
11 —Orleans and Bordeaux, 6% —Paris and Lyons, 7—Rouen and
Havre, 25.

MONEY-MARKET.
The distrust prevailing in connexion with the opium spe-
culations has continued to limit the discount and other
transactions 'of the native community, and whilst money is
at present by no means scarce there can be little doubt that
were this removed, most of what is available would be fully
employed in the regular trade of our market. Subscriptions
to the Five per Cent. Loan are understood to have been
liberal, the latest quotations giving about 80 lacs as the
amount already subscribed. The paper of the Four per Cent.
Loan has somewhat improved in value, and, as will be seen
by our quotations, it is considerably higher in proportion
than that of the Five per Cent. In other securities there is
little change, with the exception of a slight decline in Bank
shares.

5 per Cent. Loan of 1825-26 ... 1034 r.
4 Ditto ditto 1832-33 ... 4r.
4 Ditto ditto 1835-36 ... 87r.
5 Ditto ditto 1841-42 Nit%
4 Ditto ditto 1842-43 ... 88 to 90c.
Exchange continues at 2s. Oid. to 2s. Oid. We have heard
of a transaction during the week at 2s. Old., but no bills are
to be procured at this rate now. A Government sale of five
lacs on Calcutta took place yesterday, averaging reor 97-13
for bills at 30 days' sight, and further sales being anticipated,
the rate on that place has declined.
The quotations of the day are as follow :—England six
months' sight, 2s. Oid. to 2s. Oid. Calcutta, 60 days' sight,
rs. 97. China, s.r. 210, nominal.
Banks.—The following are the present rates of Bank
Shares:—

Bank of Bombay
Oriental Bank, Old Shares 24, '
Ditto ditto, New ditto — 21,
Agra Bank — 54, to 55
Commercial ... ..... —4 i, to 5
PRICE OF BULLION.
Sovereigns, each ......... . ....
Bank of England Notes, per .£ ... .

HONEY and COMMERCIAL NEWS,
CITY, QUARTER TO THREE.
The sales of Cotton at Liverpool yesterday were only 3,000
bales; the market closing very dull.
At the sale of Railway Shares yesterday, by Messrs. La-
mond and Co., a fair business was done, and prices were
rather lower again. Buyers were anxious to purchase, but
at a considerable reduction. The following are a few of the
paincipal sales :
East Indian ~..
Great. Western of Bengal 0 7 0
Great Northern ....
Derby, Stafford, and Worcestershire, New 0 10 0
Madrid and Valencia
Ambergate, Nottingham, and Boston
South Yorkshire, Doncaster, and Goole 1 16 6
Direct Northern (scrip) 2 8 0
Eastern Counties, York Extension .....
Shropshire Union and Canal (scrip) 1 5 0
Paris and Lyons
••• 4 1 0
Reading, Guildford, and Reigate 3 9 0
Buckinghamshire ... 4 8 0
Northern Counties Union 1 6 6
There are not any late Colonial arrivals to-day.
The Exchanges were again lower yesterday afternoon.
The exports of the precious metals this week have been to a
very considerable amount indeed.
An importation of new potatoes has just been entered, ex
the Madrid steamer from Lisbon, and all in a sound' state.
Th. rattirn from the Bank of Enzland for the oast week
exhibits a decrease in tne notes issuea of .szn,itios., or im
27,225,3351.
In the Rest there is an increase of 31,435/., or to
3,551,483/.
The public deposits have been diminished by 826,4421. :
or to 5,034,1891.
In the other deposits there is an increase of 554,9891.;
or to 10,339,726/.
In the seven day, and other bills, there is a slight increase.
In the stock of bullion there is a decrease of 359,3411.;
or to 13,948,681/.
A further decline has taken place to-day in the Funds.
Consols for the account have been done as low as 90%, but
they are now 903/4. Bank Stock has gone back from 205 to
20314. Exchequer-bills are at 4s. premium, and all the
other national securities are lower. And the tendency is
still to decline, notwithstanding, there is a very current be-
lief that the present high prices to be realised will bring for-
ward most abundant supplies of corn of all descriptions.
As to Foreign Stocks little need be said. Mexican Bonds
have been offered at 21% ; the Five per Cent. Spanish. at
22% to 23 ; the Three per Cents. at 335( ; the Dutch Two-
and-a-Half per Cents. at 56% 3/4 ; and the -Four per Cent.
Cettiliatatrik,9o%, .• •
It -is very difficult: fa :DA -buyers forjtailiiitY.•;Shorett
Prices are lower to-day. All apprehension of;ll,fficifftieall.t.he
Money-market may be considered as over, as comic,* With
tha•deposits for new railways.: They have been made, and
without question, the state of, Ireland alonereXcepted,,is the
billy point upon which there can be a peg to, hatig,,an
!Tient upon t,,0, emote distrust.
131i1T/glll%Nbb•

ONE C4-.08)N G
O'CLOCICi7''4IIGES:
Bank Stock .. • 204 g. ,2113 W
Three per tent. Reduced Annuities 90N g • •!90g;
Three per Cent. Consols Annuities. 90%%'A 34- .90V
New Three-and-a-Quarter per Cent. Anus. 92g. % !••• • •
Long Annuities, Expire Jan. 5, 1860 •
Ditto, 30 years, Jan. d, 1860 -
India Stock •
Consols Air Acbotint • -/
Eachequei Bills.
500/. .
Ditto, Small

9 5-16
.. 249 •
.. 91 9oAA
INd. 1% d. c.•
5 4
5
5 I—_'

ONE
O'Ci.ot;K.

0 541,g,
2t13 1
soyef

CLOSINC
PRICES.

'FOREIGN FUNDS.
Mexican Bonds, Old, 5 per Cent .. -
Ditto, for the Account .. .. 2114
Portuguese Four per Cent' •
Ditto, for the Account •: -
Spanish Bonds, 5 per Cent .. .. -
Ditto, for the Account .. 22% 23
'Ditto, Passive Bonds
Ditto, Three per Cent .. • -
• Ditto, for the Account ' •
Dividends on the above payable in London.
Dutch Two-and-a-Halt per Cent .. 56%,% • , "
.56%
Ditto,-Tor the Account .. 5G% ' ' ' 'l' 4-
Ditto, per Cent. Certliica•..es .. 90 Irt..i• . • :so 14.
. • pu '
PRICES OF SINE&
PAID. DONE AT CLOSING
-
RAILWAY SHARES. PRICES.
ONE O'CLOCK.
Amber., Notting., Beaton. and
Eastern Junction .. 2%... 2% 2- •• • •
Birmingham and Gloucester.. ..100 .. .. 127 ...... •• ..
Ditto, New (issed at 7% dis.).. 173 ... 31%
Birmingham and Oxford Junction 5 .... 13%%.. • • .
Birming,.; Wolver:, and Dudley.. 425..... 4 % p......
Birming., Wolver.,& Stour Valley 5 .. 7 .. ••
Boston, Stamford, & Birmirgham 225. .... 34 p...
Bristol and texeter • • • .. 75 .... -
Ditto, New .. 10 .... -
„
Buckinghamshire 81s. .. „. par ..
Caledonian .. 30 .... 25% 25 2514..
Ditto. Half Shares .. 234 .... 1%.......,
Cornwall'..• • .. .. 5 .... 1 ..... ... .
Direct Northern Scrip .. .. 234 .... 2%•Eastern Calditria- .. 20 214 % 203
Ditto, New .. .. 14 .... 18% .. ••• • . ..•
Do. Perpet., 5 per Cent. No. 1.61. 13s. 4d. %
Ditto, ditto, .. „No. 2. 61. 13s. 4d. 34 %p • • -.• • •
Ditto, York Extension .. 2 .... 4% %..• • • •
East Lancashire .. .. • . .. 14 .... - •• •• -
Ditto New .. .. 5 ...• 7% • • ...... • •
Ditto; ditto New Scrip . • ..1 ...... 9.
East Lincolnshire .. .. 4 .... 534 34 •• • • .
Edinburgh and Glasgow .. .. 50 72 .... . .
Ditto, Quarter Shares 12% .. • • 17%
Great Northern (London & York
Regd.) •.. • .. 2% ..2% %% ex. int. ••2%x..
Do., do (Direct Northern Regd.) 3% .... 314 ex int. 314 x. in.
Great Southern & West. (Ireland) 2734 .... 27 .... 26
Great Western 85 •• .. 121 124 121 121
.31tto, Qintrter Shares 12)4 1914
Ditto, New 414 - 9
Ipswich and Bury St.Edmunds .. 14 .... 11% 12 11% l2
Ditto ditto, and Norwich ~ 5 .... - 4
Leeds and Bradford .. 35 .... 81% 81%
Leicester and Bedford .. 16s. % 34 dis % dis.
Leeds and Think. .. 1734 .... 14%
Ditto, Preference 6 per Cent • • 3% .... 4%
Liverp., Mauch., & Newc. Junct. 2% .... 2 _
London and 131ackwall .. 161. 13s. 4d. 7% %34
London,.Brlghtbn, and S Coast •• 50 _ . 54)4
Ditto, Consol. Fifths.. . ~ 50 .... .. •• • •
Ditto, Consol. Eighths .. 10 .... - ..... •
London and Greenwich .. 121. 15s. 4d. 9%
London an North•Westeru . 100 ....191 190% .... •
Ditto, Quarters . .. 2 .... 22 21. . 2l
.Ditto ditto, New Shares .. 2 .... ••.. • 13
London and South-Western -411. 6s. 10d... 60% ...... •• ~ 60%
Ditto, Seip ..• .• . • • .. 5 .... - . 5
London, and York Scrip .. ~ 2% •• .. 314 •• • • ~.
• Ditto, Extension ditto 254.... 214 ........ .
Lynn and Ely • .. 20 ~.. 29 21 21
Manchester and Leeds .. 82 - .......... 105%
Ditto, Fifths .. .. 5 .... .. • .......
Ditto Extension 425. .... 1 p........ • . y p
Manchester, Buxton, & Matlock 425. •• • • %14 p ..... . 34
Manchester and Southampton .. 2 .... 134 ~........ i 34
Midland .. ..100 12034 119 121.. 118
Ditto, New .. • 30 35 34% .. 34)4
Ditto, New .. .. 2 .- • • 5% •••••• • • • • • 53i
Ditto, Birmingham and Derby 108 95% •• • ....... 953.6
Newcastle and Berwick .. •• 20 .• • • 32% ••••.. • • .. 3234
Newmarket and Chcsterford .. 5 - .. .
Norfolk •• • • " • • IG° •" • • "
Ditto, Half Shares .. 10 . -
North British .. • • 25 .• • • 33%„..
Ditto, half Shares .. • . 11 .. • • 14% ..
Ditto, Quarter Shares • • .. 134 .... 334 3..
Ditto, Extension .• % 1% ..........
Ditto, Thirds .. • • • • 1 ....
North Staffordshire • • • • • • 5 •• • • 7% % %IA •• • •
North Western .. .. • • 2% ..
Royston and Hitchin .. • • .. 1% .... 1% .... • • ....
Scottish Central 15 .... 21% • •• • • • 21%
Scottish Midland 173¢ - ... 18%
Shrewsbury and Birmingham .. 3 .... 3% %••.. • • • • 3%
Ditto, Classß .. •.• • • • 1'p.... 4334 134
Shropshire Union . 425..... 1 dis .....• • • % dis.
South Devon :. .40 .... - .. ••• • • ... 34%
South Staffordshire Junction ..11.135.4d.. - •• • •
• • . 34 p
South Eastern and Dovor .. • • 33%.. • - 3634 • • 3634
Do., New (do. 33/. 65.8 d.) No. 2. 12 .... 1334 13%
Do., New (do. 15/.1
• ss ales .• • . .. • • • . 10 .• • . - • • ...... • • ,
South Yorkshirs, Doncaster, and
Goole . 2 .... lAi
Taw Yale Extension .. 4 .... 3% .. • ..
%Vest Riding Union .. • • .. 425. •• .. 134 %%p• • .. 134 p
Windsor, Staines, Sc S. Western.. 425. .: • • Ir.- ••••• • • • • • 34
York and Newcastle .. 25 .... 35% ..... 3534
Ditto, Preference ......2 .... %• • • • 6%
York sad North Midland .. 50 .... - • ••.• •• • • -
Ditto, Half Shares .. 25 •• •• - • • • • • 45
Ditto, Preference 2 • • 11N ••••• • • • .. . 12
Do. E, and W. Riding Exten... 5 •• •• 16)4% •• • ..... 16%
FOREIGN RAILWAYS.
Boulogne and Amiens .. 18 .... 13% ........ 14
Dutch Rhenish • • • . • • • • 7 •• • • 3% •• ..
East Indian .. • • • • • •• 6s• '• • • --- ••• • • • •34
• • •
Great Southern of Madras • • .. ss. •• • • - „
Luxembourg ••••••••6•••• - • • • • • • • • • • 234
Madrid and Valentia .. 2 „ 34
.....
Namur and Liege- •: • • • • • 8• •• • 32%••• .. • .. • 2%
Northern of France • • .. • • 8 .... 114 10.34 1i L
Orleans and Bourdeaux .. • • 6 •• • • 6% .. 7,+
Paris and Lyons • • . • • • • • 8 • . 6% 6,
Rouen and Havre . .. • • .. 20
.... ... ... 2578
Sambre and Meuse .. 10 •. • 414 %
Tours and Nantes .. .. • • .. 5 ~ •4%
JOINT-STOCK BANKS.
London and Westminster .. 20 25xd....
National Provincial of England 35 3534,..,
MINES.
Real del 3lontc, Unregistered -