The Sun.
London, England, 1848-05-22 00:00:00

TURKEY.

CONSTANTINOPLE.—Letters from Constantinople
of the 3d of May announce an important change in
the Ministry. RESCIIID PACIIA, the " Reform Mi-
nister," who, however, has made scarcely any reform,
is dismissed, and has bees succeeded by the former
President of the Privy Council, SARIM PACHA, who
is also acquainted with Europe, or who at any rate
has seen Europe, having been ambassador at London
and Paris.

HAYMARKET THEATRE.—The farce entit.e..ri
the
Pas de Fascination, in the Haymarket bills, is in fact
the Lola Montez of Mr. Stirling Coyne, shorn of those
personal allusions which caused it to be suppressed after
it had been produced with unequivocal success.
The Margins of Bruudalbaue had an interview with
the Right lion. H. Labouchere on Saturday at the office
of the Board of Trade.

MONEY and COMMERCIAL NEWS.
CITY, QUARTER TO THREE.
The Cotton sales at Liverpool were on Saturday
4,000 bales, of which 3,500 were American at 34d. to
54d. per lb. The market closed heavy, but there was no
change in prices. In shares there was but little doing,
and prices were a shade lower.
The Corn Market is steady to-day at about last Mon-
day's prices.

The arrivals from abroad bring conflicting accounts
still of the state of political feeling, and the probable course
of future events, but in no easels a speedy issue of present
difficulties anticipated. It is true that the hopes of
peace between Germany and Denmark were stronger,
but there is nothing definite in the matter, and it is
even mentioned that the Hamburgh contingent of troops
had actually marched for Holstein. Still the merchants
of the northern ports are so heartily sick of the
contest that they eagerly embrace the idea of peace.
The electric telegraph advises us of the arrival of the
Royal Mail steamer from the West Indies. She brings
Mexican news if a later date, and which is said to bold
out better promise of the ratification of the treaty,
although the army was very little disposed to
quit the country. The steamer has a good bullion
freight between 300,000 and 400,000 dollars. The
letters are not expected to be delivered to-day, but from
the colonies nothing promising can be anticipated.
The frequent interviews between the " Chairs" of the
Bank of England and the Chancellor of the Exchequer
have excited some attention, but the object does not
appear to be known, unless it relates to arrangements
for supplying temporarily the deficiency in the income
as compared with the expenditure.
The Funds have been very quiet, though steady, this
morning, but there is a feature in the market worth
noting, viz., that stock for money has been sold at a
lower price than for account. Consols have been 84 to
841 for transfer, and 84i to for June. Exchequer-
bills have realised 425. premium. Bank Stock is
at 193. New Three-and-a-Quarter per Cents., 831
to Bn.
The Foreign Market is very inanimate. Spanish
Five per Cents. have been 121 to and the Three per
Cents. 22i. to 23. Grenada have been at 12. Brazi-
lian old Bonds are 68i to 691. Dutch Four per Cents.
are 61.

Railway Shares have been quiet, and rule at about
Saturday's rates.

ONE CLOSING
PitICES OF BEITISTI FUNDS. O'CLOCK. PRICES.
Bank Stock

3 per Cent. Reduced Ann s. .... B2l/,% 111% 82%
3 per Cent. Consols Annuities 84% 84 8414 841/
New 314 per Cent. Anns.... .
LongAnns. to expire Jan.l860
India Bonds, 1,0001.
Ditto under 1,0001... ...... 22 p 22 p
Consols for Account .....
Exchequer Bills. 2id. & 3d.
1,0001
5004
Ditto Advertised 33 31 p 31 p
ONE CLOSING
I RICES OF FOREIGN FUNDS. O'CLOCK. PRICES.
Brazilian Bonds
Ditto, Small 7O 70
Grenada Bonds, 1 per Cent.
Ditto, Deferred 214
Mexican, 5 per Cent. 1846 —
Ditto, Account — 15%
Peruvian Bowls, 6 per Cents — _
Ditto, Account ...... •••••••••
Portuguese 5 per Cents
Ditto, 4 per Cent. — 17
Russian Bonds - 87
Spanish 5 per Cent. 1840.
Ditto, Account 1234% 12%
Ditto, Passive
Ditto 3 per Cent 2258 23 23
Ditto, Account ..... ... .....