The Sun.
London, England, 1848-07-05 00:00:00

TUSCANY.

The Florence Gazette announces the opening of
the Tuscan Chambers on the 26th. The Grand
Duke opened the session in person, and read a ,speech
in which, among other affairs of local interest, helex-
pressed the desire that the war with Austria be vigo•
rously carried on, that it it might be brought to a
speedy and victorious termination.

MONEY and COMMERCIAL NEWS.
CITY, QUARTER TO THREE.
The Liverpool Cotton Market was animated yester-
day. Sales, 6,000 bales. American was nearly ed. per
lb. higher, and sold at 31d. to sgd. per lb. The imports
since Friday last have been 30,000 bales. Railway
Shares improved considerably.
The continental accounts are favourably construed again
to-day, and the withdrawal from the frontier of the
army of the Alps gives increased satisfaction. The
rational proceedings of Mr. Goudchaux, the new French
Finance Minister, are, however, more calculated to in-
spire confidence than almost any other circumstance,
and will "tell" sensibly upon the trade of France, even
though but gradually. The great capitalists of Paris
will have some reliance upon a Government that respects
its obligations, and may count upon assistance it re-
quired.
The details of the British revenue return are looked
for with some interest, but as the Chancellor of the
Exchequer tells us it will be favourable, no further
anxiety is felt upon the subject, even though some
parties affect to think that the Right Honourable Gen-
tleman may not have told all. It is indeed extremely
fortunate that the revenue should be so well sustained,
seeing how exceedingly depressed and unremunerating
trade has been up to the present time. Private in.,
dividuals have lost fortunes in the articles of sugar,
rice, &e., and in the mere legitimate course of business,
apart from all speculation ; and thus it is understood
that Mr. G. T. Braine's failure, involving the large
amount of over 300,0001., was entirely owing to the
fall iu the value of rice, sugar, and indigo.
The monthly report of the London markets,
prepared by Messrs. Wilkinson and Jewesbury,
furnishes us with the following items :
" During the past month the arrivals both of Foreign
and Colonial produce have continued very large ; the
deliveries have somewhat fallen off ; consequently, most
of the leading articles show a considerable increase in
stock: the markets have been very freely supplied, and
importers have shown a willingness to accept lower
rates, but without inducing buyers to purchase more
than actually required. During the discussion of the
Ministerial measure for the relief of the West India
Colonies, the article Sugar rather fluctuated in value,
the measure having been virtually carried, it remains
to be seen what effect will be produced in the market;
some large sales are advertised during the present week,
of parcels which have been held back until the result
of the debate became known.
" In the money market capital is abundant, the ar-
rivals of bullion having been very large, but the want of
confidence still continues, and the greatest caution is ex-
ercised in the selection of securities ; the lowest rate of
discount for best bills is three per cent.; for warrants
and other securities from four to eight per cent. ; money
at call 2 and 21 per cent."
The Corn Market to day is firm for wheat, but dull for
other articles.
The Funds are extremely buoyant again to• day, and
the speculation in rums strongly in favour of enhanced
prices. The public, however, will have the casting vote,
and if the bankers and others consider it safe to invest
at existing prices, we may have a further improvement.
Certain it is, that railway investments and bills of ex-
change, even if the latter existed to the extent re-
quired, have not hitherto offered the ex-
pected temptation. Consols opened this morning
at 86 to 861, receded to 85k, and started up
immediately afterwards to 86i to a, which are about the
present values. The New Three-and-a-Quarter per
Cents. have been 864 to 87k, and the Three per Cents.
861 to g. Exchequer-bills have been 295. to 325.
premium.
In the Foreign Securities the dealings have been to
some extent. Spanish Five per Cents. have been marked
121-, and the Three per Cents. 22 to 224. Portuguese
Four per Cents. have been 17k to 18. Brazil Stock was
at 66, and Mexican at 17 to 17i. Peruvian Bonds are
at 35. Dutch Four per Cents. are 68 to 68k, and the
Two-and-a-Half per Cents. 44i to 45.
In the Railway Share Market prices have been further
advanced, and there is a moderate demand.
BRITISH FUNDS Tills DAY AT ONE O'CLOCK.
("From the Official List.)
3 per Cent. Reduced Annuities ......... 861,4%%%
New 3% per Cent. AMIS. ................ 86 3/4 87%
Long Annuities, Exp. Jan. sth, 1860... 8 13-16 %
Do. 30 Years, Expire Oct. 10,1859... fN 9-16
India Stock .................................... -
Do. Bonds, 10004.. .................. 21 p
Consols for Opening ..... ... . ..... .86 84% 85%8 86%
Exchequer Bills.
2hd.
March.

1,0001. Jane.
................... ..... 29 32 p
5001. ......... .... ............ 29 32 p
Small ........................... 29 32p
PRICE OF FOREIGN FUNDS AT ONE O'CLOCK,
Brazilian Bonds, 5 per Cent
Ditto New Bonds, 1829 and 1839 64
Mexican Bonds, 1846, 5 per Cent 17%
Ditto for the Account .......
Peruvian Bonds, 6 per Cent 35
Portuguese Bonds, 5 per Cent 621/2
Ditto 4 per Cent.
Ditto for the Account
Spanish Bonds, 5 per Cent,lB4o
Ditto for the Account . 124
Ditto Passive Bonds' 3 iAI/8
Spanish Bonds, 3 per Cent Cent
Ditto for the Account.... 224 22 x d
Dividends on the above payable in London,
Belgian 4% per Cent
Dutch 2% per Cent.,l2 Guild 44% 45x d
Ditto 4 per Cent. Certificates
BUSINESS DONE IN RAILWAY SHARES AT ONE O'CLOCK
RAILWAYS. PAID. PEA SHAD.
Aberdeen
Amber., Notting., Boston, &c 334 ...... 'to
Ayrshire and Galloway
Belfast and County Down .. 16 .. ..
Birmingham & Oxford Junc... 20 . —
Birmingham, Wol., & Dudley 10 ... .
Binning., Wol., & Stour Val. 121.45. ...
Birkenhead, Lancashire, and
Cheshire Junction..
Boston, Stamf., & Birming... 5
Bristol and Exeter . B5 ......
Do~ Thirds
Buckinghamshire..- l4l. 4s — ...... to
Caledonian
Ditto, Half Shares
Ditto. Clydesdale Junction 50
Chester and Holyhead 42%.....
Ditto, Preference
Clarence.
Do., Ist Class, 6 per Cent... 10
Do., 2d Class, 5 per Cent... 10
Do., Gov. Loan, 4 per Cent. 10 - ..... to
Direct London & Portsmouth 54 — to
Dublin and Belfast Junction.. 30
Dundalk and Enniskillen ... 17%......
East Anglia, 251. L. & sE.,
and L. & D ..
Ditto, 181., E. & H
Ditto, 31. 108., E. & H... 3% -
Eastern Counties ....
Do. New Guarant. 6 per .'d't. 21/2 3% to
Do. Perpet., 5 porct.No. 1,6/. 13s. 4d...
Do., do N 0.2,61. 13s. 4d...
... .. to ._Do., Northern & Eastern... 50
Do., 5 per cent.
Do., Quarter .... .. ..... . ..... 12%...
Do., New
Eastern Union, Class A (late
E. U. Shares) ..... ...
Ditto, ditto, Class A, ditto 1 , ...... to
Ditto, do, Class B (I. &B) 17% — ...... to
Ditto, do, Class C, ditto... 17% — -
Ditto Scrip (gua. 6 per ct.) 10 ...... 814 to --.
Ditto, ditto ....... ........ 20 ..__
Ditto (C. & E.), 5 per ct. 21/2 —
East Lancashire
Ditto, New .. ........... ...• • 17
Do., New Quarters -
to
Do., 6 per Cent. Preference
Quarter Shares 2 4 ...." 2% to .....