The Sun.
London, England, 1848-10-17 00:00:00

ITALY AND SICILY.

Hostilities had not recommenced in Sicily up to
the 3d inst. ; the royal troops were then at Melazzo
and Scaletta, and the Sicilian army opposite the royal
one. Both camps were entrenched. Troops and
ammunition continue to arrive from Naples. Twenty
thousand pikes have been manufactured in Sicily by
order of the Government. The towns of Trapani,
Syracuse, Palermo, and Girgenti are well fortified ;
Catania as much as its topographical position will
allow. Palermo has provisions to sustain a siege of
fifty days. Three fifths of Messina lie in ruins ; the
di usage is valued Pai11:191113 of ducats.

Neither the French nor English Commanders
have received any instructions as to how they are to
act in the event of the recommencement of hostilities.
Letters from Leghorn of the 7th announce the ar•
rival of the new Governor there on that day. He
was received with most cordial demonstrations of
welcome by the inhabitants.

MONEY and COMMERCIAL NEWS.
CITY, QUARTER TO THREE.
There was a very languid market for Cotton at Liver-
pool yesterday. The sales were 4,030 bales at previous
prices .—For Rai*ay Shares the market continued de-
pressed, but without any further decline in prices.
The weekly reports from the Banks of France
have, recently, not attracted quite se much atten-
tion ; but, in conjunction with the Customs and Excise
returns, they afford the best possible test of the condition of
the people. The statement last made up is, in some respects,
not very satisfactory. The condition of trade is shown
thereby to be less active, and the Treasury balance had
suffered a further diminution. Whether the favourable
anticipations of M. Goudchaux concerning the future
revenue of the country will be borne out, it is
of course impossible for us to say ; but we should
say that any Government our neighbours
may have for some time to come, will experience a hard
struggle to raise an income corresponding to the ex-
penditure.
The letters received to-day from the continent furnish
nothing new concerning Vienna.
The Acadia steamer has been telegraphed as having
arrived off Liverpool, but her letters are not expected in
' town to-day.
To the numerous parties interested in mining pursuits
the following information may prove acceptable:—
" Dispatches have been received by the directors of
several foreign mining companies during the week.
The Alten report for August shows the returns to be
about 1411 tons of ore, raised from the several mines
therein named. The report contains nothing important.
The Imperial Brazilian ;Company's letters are to the
22d of July, with a brief report, since received, to the
3d of August. At Bananal every arrangement has,
and is, being made for efficient working. In
several places the lode exhibits gold, but not sufficiently
rich to require especial notice, still there is every indica-
tion of some important discoveries being near at hand.
The produce of gold from Gonga, from July 1 to
August 2, amounts to 13 lbs. 6 oz. 10 dwts.; Bananal,
11 lbs. 6 dwts.—equal to 24 lbs. 6 os. 16 dwts. The
national Brazilian letters are to the 2d of August, and
contain very gratifying intelligebce. The lode in Collett's
stopes is stated to have considerably improved in rich-
ness, and especially during the few days before the
dispatches were sent off. One stone, weighing about JO
lb., has been reduced, and found to contain five ounces
of gold; this valuable discovery appears to be in the
deepest levels. The produce, from the 14th of July
to the 14th of August, amounts to 29,504 marks.
A remittance of gold, to the amount of about
1,7001., has been received. St. John del Rey advices
are to the 28th of July. The amount of gold extracted
to date is 10,406 uitanas, from 62,729 cubic feet of
sand. Remittance of about 11,5001. in gold has been
received. The report of the mine has no new or im-
portant feature to notice. The Copiapa Mining Com-
pany has received their report for June, from which
we find that the San Pedro Mine is under
water to the 15 fin. level, consequently the returns from
that part will be diminished for a time. The levels
above are productive. Checo Mine is not looking as
well as last advised ; but there are several levels mak-
ing returns of rich ore. A new mine had been con-
ceded to the company, which, at a very shallow depth,
presented the most flattering indications. The produce
for the month is about 77 tons. The Avoca, with 299
tons, had sailed, and the Jenny Jones, of 500 tons, was
expected to load shortly after."
We may remark as an appendix to the above that
silver has become quite a drug in the London market.
New dollars have declined to 4s. 10d. per ounce. The
arrivals are still in progress this week, though the ag-
gregate compared to the previous receipts will be small.
The settlement of the Consol account has gone
against the Bulls, and there has been a little steck de-
livered; consequently the market has receded a little.
Consols for Transfer have realised 841 to 843,
and there appears to be no " continuation " to
the 14th November, to which period speculation will
be extended, being less than a month. The quotations
are somewhat firmer, viz., 84 11. Back Stock has
been at 1831 to 186—an extreme fluctuation. The
New Three-and-a-Quarter per Cents. have been 831
to 841. Exchequer-bills of March are 345. to 375.
premium. South Sea New Annuities have been 811.
The Foreign Stock Market has been a little firmer.
Portuguese Four per Cents are 221 to 23, and the Three
per Cents. Spanish Bonds 22. Mexican Bonds have
been 181 to 191. Brazil Stock has been quoted 701.
Dutch Two-and-a-Half per Cents. have been 436 to 446.
Railway Shares are not fluctuating much, and can
scarcely be called higher or lower. The disposition to
press sales is perhaps rather less apparent, but whether
this is a temporary feature it would be difficult to
say. We fear the market is far from being in a settled
state.

ONE CLOSING
PRE ES OF BRITISH FUNDS. O'CLOCK PRICE. 4.
Bank Stock
3 per Cent. Reduced Arms 8314%14 83%
8 per Cent. Consols Annuities 843/4%1/23/4 85
New 3,-,4, per Cent. Anns.... 84%1A 83% 84% 84%
Long Anns. to expire Jan. 1860
Ditto 30 years, Jan. 5, 1860 B%l/2 8%
India Bonth, I,OOW.
Ditto under 1,0001. .. ......
South Sea Stock
Ditto New Annuities .. Blss
Consols for Account, Nov. 14 843 1/3/1
Exchequer Bills. 24d. & 2d.
1,0001. March 37 34p
1,000/. June 3l 34 p
5001. Match
5001. June
Small, March 34 37 p
Small, June
PRICES OF FOREIGN FUNDS

ONE CLOSI/s.C.
O'CL')CK. PRICES.
Brazilian Bonds
Do., New, 1843 . 86
Danish Bonds, 1825, 3 per Cent... 67 67
Mexican, 5 per Cent. 1846 1914 %IA 19%
Portuguese 5 per Cents. —
Ditto, 4 per Cent 22% 23 23
Spanish 5 per Cent. 1840.
Ditto, Passive
Ditto 3 Der Cent 22
Dividends on the above payable in London.
Dutch 21A per Cent., 12 Guild —
PRICES OF PAID. BUSINESS DONE CLOSING
RAILWAY SHARES. --- AT ONE O'CLOCK. PRICES
Aberdeen 5O . ... ...... 15
Amber. Nott., Boston,
and Eastern Junction 4%......
Ayrshire and Galloway.. 5
Belfast & County Down 17% —
Birmingham and Ox-
ford Junction ... . ... 20
Birmingham, Wolver-
hampton, and Dudley 10 .....
Birming.,Wolverh'pton,
and Stour Valley 131. 145...
• 0000000000
Birkenhead, Lancashire, •••
and Cheshire June—. 10

•0000000
Boston, Stamfd & Birm. 5 .•
.. 000..0..00 ...... O .
...
Bristol rid Exeter B5
Ditto, Thirds
Buckinghamshi re... 141,

_ _.. 4.T. .....
Caledonian
Ditto, Half Shares .. 874 ......
Do. New 101. Pref..... 2%..... 1/41/2
Di tto,Clydesdale June 50 -
Chester and Holyhead... 47% lB4
Ditto, ;Preference
Clarence
Do. Ist Class, 6 per Ct. 10
Do. 21 Class, 5 per Ct. 10
Do. Government Loan,
4 per Cent.
Direct London & Ports-
mouth
Dublin and Belfast June. 35 ......
Dundalk & Enniskillen 20 ......
East Anglia, 25/., L. &
E. and L. and D...... 25 ......

Do., 181., E. & 1.1. ... 18
Do~ 31.105.
Eastern Counties.,...,.. 20 ...... 11% 121,E 12...
Do. New Guaranteed
6 per Cent. ..... ..... 714 — ......
Ditto, Extension, 5 per
Cent., No. 1 61. 13s. 4d.... ...
Ditto ditto, No. 2...61. 13s. 4d... % die % die
Do. North. & Eastern 50
Do., 5 per cent.
Do. Quarters
Do. New
Eastern Union, Class,,A
(late E. U. Shares) 25
Ditto, Class A, ditto... 1
Ditto, Class B (I. &
and B.) 2O
Ditto, Cl; as C, ditto... 20 . ....
Do. Scrip (6 pel cenZ.) 10 - .....
Ditto, ditto - ••••»•.......
Ditto (C. & E.) guar.
5 per cep;-, 214 . ...
East Ler cashire
Di; to, New ... 21 - .... •
Ditto, New Quarters 6%...•.•
Do., 6 per C2rt. Pre-
fe..ence Quarters ... 4
East Lincolns:rire ...... 23
Edinburgh and Glasgow 50 ...... 38 371/2 ..
Ditto, Hai' Mares ... 15 .. .. 8
.••
Edinbarc,h and Northern n 5 —
Di' to, riewport l3
Exeter,Yeovil, & Dore). 2%
Glasgow, Dun' .le-, and
C.alisle .........• •.81.6r. 8d
Glasgow,Kilmar.,& Ayr 50 ......
Do.Prefererce Caasol. - • .... •• ••
Grect' Northern -
Do., 1/2 A D.:"erred ... 1..t.14...... 25/8%
Do.. 1,(2 B 6 per Cent.
parer teed ... ..... 41/.. —
Do. Extensi o a 2li2 ......
Great South. and Wes.L•
(Ireland)
Great Not tn of England 100 .....
D:tto, New, 40t 4O
Ditto. (11tto
Ditto, New, 301 3O
Ditto, New, 151
Great Westetn 9O ... .. 72th 73 ...
Diu°, i 1 Shares 5O ...... 41%
Ditto, -, Mares
Ditto, Fill is. ... 2O

21X,
12

201/2
371,i
8

411,E
141/2

Ditto, Now 171..... .. 13 .... ..
HudderOc'd and Mar ch. CO
Ditto, TrliJs
Hull and Selbv .. ...... 50 ......
Ditto, Half Shares ... 25 ...... 48
Ditto, IA Shares
Lancaster and Carlisle... 50 ...... 38 ..
Ditto, Thirds
Lancashire & Yorkshiie 93
Dittl, ditfl
..... ............. .
Ditto, !/.2 Sharei
••..••
De! Quarter Shane... 173 8 ...N.,. ~...• 8