The Sun.
London, England, 1848-01-27 00:00:00

amendment of M. DARBLAY on the paragraph of I MONEY and COMMERCIAL NEWS.
the Address relating to the Reform banquets:-" In CITY, QUARTER TO THREE.
these various manifestations your Government cannot The Cotton Market has been brisker at Liverpool
but recognise the real and legitimate voice of the yesterday, the sales being 4,000 beles. Railway Shares
country. It will, we trust, take the initiative in were very quiet.
those wise and moderate reforms which public opi- At Messrs. Lamond and Co.'s sale yesterday a good
nion demands, and among which we must place as a business was done. The following are a few of din
commencement Parliamentary reform. In a consti• principal quotations:-
East Indian, Reg 4..•••11, tO it
tutional monarchy the union of the great powers of Royston and Hitchin
the state permits us to follow, without danger, a policy North British, Thirds
South Yorkshire, Doncaster, and Goole 1 11 0
of progress, and to satisfy all the moral and material
Taw Vale Extension and Dock
wants of the country." Cornwall ... 1 S 0
In the paragraph relating to the finances, M. CRIP. Ambergate, Nottingham, and Boston ofi 0
Newmarket and Chesterford . .... 14 0 0
MIEUX has given notice of the following amend- South-Eastern and Dover, No. 4 ...... S 17 $
'vent :-" We shall watch with the most rigorous Reading, Guildford, and Reigate............ 7 14
South Staffordshire • ......
economy, so as to bring our budgets within the
Buckinghamshire
limits commanded by the state of our finances." Eastern Counties ..... .....•... ........ 16 8 0
The speech of M. TRIERS on the paragraph relat- Shrewsbury and Birmingham ( A). ..... 317 0
ing to the finances, which was delivered on Tues- The Money Market still continues extremely easy,
day, has produced a great effect. The ordinary and the discount houses are giving lower rates than
budget he declared as frightful to contemplate,
ever for cash left with them to be invested in bills, tho
w
choice of which is extremely limited now that trade
amounting as it did to 1,600,000,000 f. per annum,
From
the continent also we have further accounts of
with every prospect of its being increased, while, at continues so dull. •
the same time, it was not covered by the receipts, the
the want of confidence and the accumulation of money.
deficiency being made up by drafts on the sinking
At Bamburgh cash was abundant at Si per gent. on
fund. Already by these drafts they have anticipated good security.
the sinking fund up to the year 1857. They relied The death of the King of Denmark is by some mentioned
upon a capital before it had existence, and whose as being very likely to occasion diplomatic movements
existence could not be realised in the case of a decline of importance, but it is a matter which occasion's fbit
of the fends below par. This then was the circle in 1
which they moved. The extraordinary budget of
from 160 to 170 millions was met by a sinking fund
not as yet created. That failing, recourse was had to
the floating debt, and that this again becoming over-
charged, they had recourse to loans. Now that
floating debt was increasing every day, and there
lay the great point of danger. The floating
debt would average for 1848, 49, and 60, from
750 to 800 millions, and such a situation as that was
not endurable. Under the Restoration, the principle
was adopted that the floating debt ought never to
exceed 240 millions. To meet a floating debt of even
600 millions, they ought to be able to count upon
300 millions of Exchequer-bills, bons royavx, and
that they could not continue to do without infringing
on the current capital of the money market appli•
cable to the necessities of commerce and agriculture,
so that the Government, by its present system, was
starving these interests ; and it was to that system
they stood indebted for the existing depreciation of
all kinds of public securities.
M. DUCRATEL and the Finance Minister defended
the enormous expenditure, on the ground that France
was rich, and could afford to make extraordinary
efforts to complete the great public works which she
had undertaken. M. TRIERS, in reply to them, re-
iterated his former statements, and the debate, which
had lasted until seven o'clock, was adjourned. It was
resumed yesterday, but no Member of importance
had spoken, nor had any division taken place up to
the hour of post. From a statement published in the
National, it appears that the Government, since the
present Ministry has been in office, has borrowed
from the sinking fund 649,719,636 f., and has raised
by loan 600,000,000 f., thus showing, during the last
eight years, a deficiency in the ordinary revenue of
the country of upwards 0f.1,250,000,000f.
Owing to the severe cold, their Royal Highnesses
Prince and Princess DE JOINVILLR have postponed
their departure for Algiers for a few days.
The French Government has just given orders that
one of its largest steam-frigates than immediately
proceed to Naples.
We read in the Constitutionnel:-" It was said at
Marseilles, on the arrival of the last accounts from
Alexandria, that as soon as MEI:1E111Yr ALt learned
the conditions of the submission of ABD-EL-KADER,
he manifested to M. ADOLPHE BARROT, Consul-
General of France, his intention not to receive him in
his states. But it seems to us difficult that the
opinion of the VICEROY on this delicate point can be
already known. It is added, that ABD-EL-KADER,
passes the time of his captivity in Fort Lamalgue, in
causing M. ROUSSEAU, his interpreter, to translate
the history of the campaigns of NAPOLEON. It is
further said that among the projects of the Govern-
ment with respect to ABD-EL-FADER, is one for
transferring him to the French colony of Senegal."
PARIS BOURSE, WEDNESDAY, JAN. 26.-The
Bourse has been again firmer to-day, and, from the
opening, prices kept gradually looking up to the close,
when Threes were called at 741.5 c; Fives, at 116 f,
15c.; and New Loan, at 75f. The market closed as
follows:-Three per Cents., for cash, 74f. ; for ac-
count, 74f. sc. ; Five per Cents., for cash, 116 f. 10c.;
for account, 116 f. 15c. ; New Loan, for cash, 75f. ; for
account, 75f. ; Bank of France Shares, 3,170 f. ;
Neapolitan, 96f. 50c.; Spanish, not quoted.
RAILWAYS.-The Share Market has also been
firmer, but prices have varied but little; the turn,
however, being in favour of sellers. For cash, Paris
and Orleans left off at 1,177 f. 60c. ; Paris and Rouen,
8931. 75c. • Rouen and Havre, 445 f.; Strasburg and
'
Bale, 1561. 25c. ; Nantes, 385 f.; Northern, 531 f. 25c.;
Bordeaux, 475 f.; Paris and Strasburg, 407 f. 50c.;
Paris and Lyons, 393 f. 75c.
BUSINESS DONE IN FOREIGN RAILWAYS AT THE
LONDON STOCK EXCHANGE. JAN. 26.
Boulogne and Amiens, l3:Ya -Namur and Liege, 6%
Paris:and Lyons, 5%.

little anxiety here.
The next India mail steamer remains due.
The following extracts from a report upon the dried
fruit trade, by Mr. Witherby, appear to be of ititerestl--
RAISINS.—The total imports of Valentina amount td
about 109,000 boxes and 42,500 half boxes, against
127,500 boxes and 56,000 half boxes to the end of Ja-
nuary, 1847. At Liverpool they have been 45,000
b.xes and 23,000 half boxes, against 1i4,000 boxes
and 32,000 half boxes. The falling off in the Ithrtitx
tation of Muscatels has been also considerahle
at both ports, especially at Liverpool. With
both descriptions we were abundantly sup-
plied at this period of 1847. Valentias, of fine
quality, are very scarce, and are held at our extreme
quotation. A parcel of Elemes was offered by auction
20th inst., part sold at 435., and the remainder was taken
in at 44.5. The latest accounts from Turkey do not lead
to any expectation of shipments of Chesmes being likely
at present to come forward. This scarcity of Raising
cannot fail, therefore, to have a beneficial effect upon the
consumption of Currants. Denies in baskets have ad-
vanced from 275. to 325. _

CURRANTS.—Four cargoes have been received here
since our report of the 24th ult. The total importation
since the commencement of the season has been 8,92$
butts, 5,175 carroteels, and 9,382 barrels, agalnit
butts, 6,264 carroteels, and 6,407 barrels, and 4,580 butte;
4,060 carroteels, and 3,378 barrels within the same period
of the last and the preceding season. We have, there-
fore, received about 500 tons less than to this period of
1847, but 1,800 tons more than to 26th January, 1846.
The increase of late in the quantity of small packages
imported is rather a novel feature. During the whole
of 1843 season only 2,000 barrels were received.
We have again to report extensive clearaucz.s, more
than usually occur so soon after Christmas, the quantity
on which duty has been paid from 19th ult. to 20th inst.
being.6so tons, against 230 tons, and 290 tons during
the like period of 1847 and 1846. As the reCeipts Wad
clearances have, since our last, been nearly equal; AO
stock therein' estimated at about 2,575 tons is little
altered. It was nearly the same at this period of 1847,
from which date till the end of August we received here
upwards of 4,000 tens of currants.
It is satisfactory to find that the Liverpool clearances
have again been usually large, those of the fiVe weep
ending 18th inst., having been 515 tons, against 280 tone
during the corresponding weeks of last season, and 265
tor.s in 1846, at which latter period the operative classes
were all fully employed at high wages, and currants
at 465.

The position of the English Stock Market is good,
although there is much less business doing than there
has been during the last day or two. The reduction in
the rate of discount has made the Funds steady, holr-
ever, though the effect, we trust, will be most felt in
stimulating trade, and promoting facilities .for all wlio
are engaged in legitimate commercial pursuits. Consols
have been marked 88i to 891 for present transfer, and
89 to 89i for account. Exchequer Bills have risen tons.
and 325. premium. Bank Stock is at 200 to 201, and
India Stock at 239. The New Three-and-a-Quarter per
Cents. have realised 90 to 904.
The Foreign Securities have been dull, but are steady.
Spanish Five per Cents. are 201, and the Passive, 16i.
Portuguese Four per Cents. have been quoted 26
Brazilian Small Bonds are 831 to Dutck Two and'
a-Half per Cents. are 534 to 541.
Railway Shares have been rather duller, but prices
aro tolerably well maintained.
BRITISH FUNDS THIS DAY AT ONE O'CLOCK.
(From the Official List.)
Bank Stock 201 200
3 per Cent. Reduced Annuities 89%
3 per Cent. Consols Anna 89 8941 88% 89
New 314 per Cent. Amts. • 9O ti 90
Long Annuities, Exp. Jan. sth, 1860 8 15-16
Do. 30 Years, Expire Oct. 10, 1859 8 11-16
Do. 30 Years, Expire Jan. 5, 1860 B%
Ditto 30 Years, 1880
India Stock 239

Bank Stock for Account 2011,4
Consols for Account 89% 69
Exchequer Bills. 3d. ,
1,000/.
500/. .. .... 30 p
PRICE OF FOREIGN FUNDS AT ONE O'CLOCIC.I
Brazilian Bonds, 5 per Cent —
Ditto Small
Equador Bonds 3
Portuguese Bends, 5 per Cent 79% 80
Ditto 4 per Cent. - 26
Spanish Bonds, 5 per Cent, Is4o
Ditto for the Account .......
Ditto 1844 16
Ditto Passive Bends 4
Do. Deferred
Venezuela Bonds .. . 4O
Dividends on the above payable in Lenden.
Dutch 2',' per Cent.,l2 Guild 54% 53%
Ditto 4 per Cent. Certiicates
IITSINESS DONE IN RAILWAY SHARES AT ONE O'CLOCIC
RAILWAYS. rem. PKL ilatzt.
Aberdeen
Amber., Notting., Boston, &c. 2%...... LA .... to %
Ayrshire and Galloway
Belfast and County Down .. 10 .. ..
Birmingham & Oxford June... 20

DEATH OF THE KING OF
DENMARK.

The following article appears in the Cologne Gazette
of the 25th instant :
" HANovER, JAN. 22.—1 t is generally asserted here
that this Court received this morning a dispatch
from Copenhagen, in which the decease of King
Christian the Eighth is notified. (The Weser Gazette
of the 22d contains similar intelligence, but not the
latest Hamburgh papers.) King Christian the Eighth
was born on the 18th of September, 1786, and suc-
ceeded to the throne on December the 3d, 1839. He
was first married, in 1806, to the Princess Charlotte
Frederika of Mecklenburg-Schwerin, from whom he
was divorced in 1812, and afterwards to the Princess
Caroline of Sleswick- Holstein - Sonderburg-Augusten-
burg. The Crown Prince, Frederick Charles Chris-
tian, was born on the 6th of October, 1808. His
first wife was the Princess Wilhelmina Mary of Den-
mark, from whom he was divorced in 1837, and his
second, the Princess Caroline of Mecklenburg-
Strelitz, from whom he was also divorced in 1846."
The Crown Prince had no issue by either wife.

Birmingham, Wol., & Dudley 10 ... . -
Binning., Wol., & Stour Val. 10/.14e....
Birkenhead, Lancashire, and
Cheshire Junction 73%
Boston, Stamf., & liirming... 45
Bristol and Exeter -
D0., Thirds
Buckinghamshire l2/. 4s — .. ... to
Caledonian
Ditto, Half Shares
Ditto, Clydesdale Junction 50
Chester and H01yhead......... 37% — to
Ditto, Preference l2
Clarence.
Do., let Class, 6 per Cent... 10 -
Do., 2d Class, 5 per Cent... 10
Do., Gov. Loan, 4 per Cent. 10
Direct London & Portsmouth 3% — to
Dublin and Belfast Junction.. 25 -
Dundalk and Enniskillen ... 17%......
East Anglia, 251. L. & E.,
and L. & D
Ditto, 181., E. & H A ....
Ditto, 81. 10s., E. & H... 2
Eastern., Counties
Ditto, ditto (B)
Do. Perpet., 5 per ct. No. 1,6/. 18s. 4d...
Do., do N 0.2,6/. 13s. 4d...
Do., Northern & Eastern... 50 , 53 ..,... t•
Do., Quarter -
Do., New New
Last ersn Union. 5O - •
Ditto, Quarter Shares ...... 12% — -
Ditto., Thirds l3s. 4d — t•
Ditto (guar. 0 per cent.) ... 10 ...... -
East Lancashire
Ditto, New
Do., New Quar;:ers
East Lincolnshire 12%...... —. -
Edinburgh and Glasgow 5O — t•
Ditto, Half Shares
Ditto, Quarter Shares 121,x.
Edinburgh and Northern ... 221,E —
Ditto, New ..... ... ..... ...... 8% — -
Ditto, New port l2
Ditto, ditto, New 2l-A — ...... to
Exeter, Yeovil, & Dorchester 2% — to
Ditto, New -
Glasg., Dumfries, & Carlis!e..B/. 61.8 d...
Glasgow, Kilmarnock, kAyr 50 — to
Ditto, New

Letters from Frankfort, of the 23d, state that the
official intelligence of the death of the King of Den-
mark reached that city at that date. Similar intelli-
gence has been received at Brussels.

TESTIMONIAL TO THE REV. C. H. GAYE, M.A.,
PREACHER AND READER AT ARCHBISHOP TENISON'S
CHAPEL, ST. JAMES.—The above gentleman has just
been presented with a handsome testimonial, of the
value of 100 guineas, on his preferment from Archbishop
Tenison's Chapel, Regent-street, to the rectory of St.
Martin's, Ipswich. Several of the trustees of the
chapel, the churchwardens, and a large number of the
inhabitants of St. James's, Westminster, (including
many of the poorer class), were present, and joined in
this mark of affectionate respect. When the testimonial
was first proposed, the Rev. Gentleman begged that the
money subscribed should be devoted to the founding of
almshouses. This, however, was overruled by the com-
mittee, and the proceeds of the subscription were de-
voted as originally intended. Mr. Bowman, of Golden-
square, was appointed treasurer, and presented the tes-
timonial, which consisted of useful plate and a bracket-
clock, bearing the following inscription ;—" This clock,
together with plate, of the value of 100 guineas, was
presented to the Rev. C. H. Gaye, M.A., on his retire-
ment from the office of Reader and Evening Preacher
at Archbishop Tenison's Chapel, St. James's, West-
minster, by the Rector, Churchwardens, and many of
the inhabitants of that parish, as a lasting memorial of
affectionate respect for his Christian character, and of
gratitude for his unwearied and faithful ministry, during
a period of fourteen years. The Rexi Gentleman made
a suitable reply and the meeting separated."
THE LATE DUKE or HEssr-CAssEL.— The late
Grand Duke of Hesse-Cassel, who died at Frankfort,
expressed a wish in his will to be buried as a citizen of
that town, and left a sum of 60,000 florins (6,2000 to
pay for his funeral, directing that the remainder should
bo distributed among the poor. Nowithstanding this
desire, the present sovereign of Electoral Hesse caused
the remains of the deceased to be transferred to the
grand ducal burial place, at Hanau. In consequence of
this the city of Frankfort has brought an action against
the deceased's trustees to obtain payment of the 60,000
florins for the poor.
ANTIQUITIES FOR THE MUSEUM.—A communica
tion has been received by the revenue authorities from
Mr. Trevcly an, one of the secretaries to the Lords of
the Treasury, desiring, on the part of their Lordships,
that directions may be given for permitting a package
containing antiquities of a fragile nature, and intended
for deposit in the British Museum, to be removed under
official seals from the port of Southampton to the me-
tropolis, for delivery to its destination. The package of
antiquities in question has arrived ,3t F:un,'n
It...ampten by a
steam-ship from Malta, and the revenue authorities have

Do. IA Shares (5 per ct4E,aa.) 12% ..... - ... to --
Great Not Ik ern IOI,E 434 % to
Do. London & York Exten. 2% — „„ ~,. to --
Gt. South. & West. (Ireland) 371 -
Great Nortti of England 100 237
Ditto, Is.t. w 401
Ditto, New 301
Date, New 15L
Great Western
Ditto, Ralf Shares
Ditto, Quarter Shares 17% 193% to
Ditto, Fifhs 2O
Do. New 17/ -
Huddersfield and Manchester 24 .. -.— -
Ditto, Thirds... • ... 5
llell slid Selby 5O 102% to --
Ditto, Half Shares - •
Ditto, Quarter Shares - 1214 — -
Ipswich & Bury St. Edmunds 17,A, — - .
Do. do. and Norwich - -
Do., do., Extension Scrip
(late (Camb. and Ely) 2% — ..... to
Lancaster and Carlisle—. ... 50 -
Do., Thirds... lO - -
Lancashire and Yorkshire ... 93 ..... -
Ditto, ditto -
Ditto Half Shares - 38 -
Ditto Quarters
Ditto Fifths . 8 -
Ditto Sixteenths ... ..... ... 64 -
Ditto Thirds (Reg.) ... 101.4 s 5 dis.... to --
Do. Liverpool and Bury... 38 -
Do. (Rudders. an Sheff.) 33 „ — ..... to ---
Do., Wakede!d, Pontefract,
and G001e....... .. ....... 47% — . to --.
Do., 11'c..1Ziding Tin:on ...4J. 2i — -
Do., l!rt,'cil arid Wyre ... 25 -
De., dv., half Shares (A) 9 -
Ditto ditto ........ ......(B) 1 - .
Leeds aad Bradford

given the i)ecesary directions for a compliance with their
Lordship's wishes and the due delivery of the same to
the national establishment mentioned.