The Sun.
London, England, 1848-12-27 00:00:00

ITALY.

The Osservatore Triestino contradicts a statement
published in the Vienna journals, that the Croatians
had taken Malghera on the 11th instant, after a three
days' attack. It is true that the Croats attacked
Malghera twice, but each time they were repulsed
with considerable loss.
The Minister at War of CHARLES ALBERT has
given orders that all volunteers are to be received at
the castle of San Giovanni, and the committee of
Parma, Piacenza, Modena, and Reggio, has addressed
a proclamation, dated Turin, December 8, to the in-
habitants of these Duchies, exhorting them to be
ready for every event, as CBARLFB ALBERT has not,
it says, strengthened his army merely for ostentation's
sake.

vM
Letters from Rome, published by the Bologna
Gazette of the 18th inst., announce the arrival there
of a British diplomatist of distinction. He is said to
have advised that a person of confidence should be
dispatched to the POPE to endeavour to effect a
reconciliation. He had even offered himself as
mediator.

RAGGED SCHOOLS FOR DESTITUTE POOR CHILDREN.
—The benevolent and charitable will, at this season of
the year, find ragged schools an excellent medium to
convey their bounty to the most destitute of their fellow-
creatures. About 280 children attending the St. Giles's
Ragged Schools (now temporarily carried on in George-
st'ree!-., St. Giles's) were supplied on Christmas-day with
hot roast beef, potatoes, bread, and plum-pudding, at the
expense of a few benevolent individuals,

The same appearance of quietude as for some days
past is observable in the City walks, and this being a
" broken week," v, ry little activity is expected. The
Corn trade is steady.
From the manufacturing districts we learn that busi-
ness was slacker, the late advance in the raw staple
having an effect in restricting operations, although, no
doubt, the holidays were more influential.
The transactions in the Funds have been very limited
to-day, but the market opened well at an advance to
888 89. Subsequently the French prices came lower,
and there has been a bargain in Consols at 88k. Bank
Stock has been supported at 191. Exchequer-bills have
realised 395. to 425., and India Bonds 375. to 40s. pre-
mium. The New Three-and-a-Quarter per Cents. have
been 89* to 898.
The Foreign investments have been rather fluctuating,
though there have again been a good many transactions
in them. Mexican, after touching 2.58, have receded to
24i Equador have been 2:41 T7,-, and Grenada 13. Bue-
nos Ayres Stock is 23k. Spanish Active Bonds have
been 14* to 4, and the Three per Cents. 28 to 28*.
Portuguese Four per Cents. are nominally 26 to 27,
Russian Bonds have been at 102. Dutch Two-and-a-
Half par Cents. are 49k. There has not been a bargain
in Peruvian. The committee are in communication with
Senor Osma respecting the terms offered for a settlement
of the bondholders' claims.
Railway Shares have been generally higher to day,
but it is remarked that Eastern Counties still hang
heavily, and inquiries continue to be made as to the
cause. North-Western, Midland, the York lines, the
Great Northern, Caledonian, and North Stafford, have
improved. Frcnch Shares are rather higher.
BRITISH FUNDS THIS DAY AT ONE O'CLOCK.
(From the Official List.)
Bank Stock l9l

3 per Cent. Reduced Annuities.— 387 89 88%
New 314 per Cent. Anus. 89%5/aVs
Long Annuities, Exp. Jan. sth, 1860 811-18 34
India Stock —
Do. Bonds, 1000/... ...............
Ditto under 1.0001
Consols for Accouut .. B9 88%
Exchequer Bills. 21/2d. 2d.
March. June.
1,0001.
5001 39 42 p 38 41 p
Small 39 42 p 38 41 p
PRICE OF FOREIGN FUNDS AT ONE O'CLOCK.
Buenos Ayres Bonds, 6 per Cent... 231/2
Equador Bonds 234 74
Grenada, 1 per Cent. . . l3
Ditto Deferred ...• 2l/, 3/2
Mexican Bonds, 1846, 5 per Cent 25 251 k 211/1/1578
Ditto for the Account .......
Russian Bonds. 1822, 5 per Cent lO2
Spanish Bonds, 5 per Cent, 1840
Ditto Passive Bonds 3%
Spanish Bonds, 3 per Cent 2B 288
Venezuela Bonds
Dividends on the above payable in London.
Dutch 2 1 per Cent.,l2 Guild 49%

BITSINESs DONE IN RAILWAY SHARES AT ONE O'CLOCK
RAILWAYS. PAID. PER :HARE.
Aberdeen
Amber., Notting., Boston, &c. 414 —
Ayrshire and Galloway
Belfast and County Down .. 19 .. ..
Birmingham Rc OxfordJunct.,
calls duly pd, or with guar. 20
Do., without a guarantee... 20 ...
Birmingham,Wol., & Dudley,
calls duly pd, or with guar. 10 ... .
Do., without a guarantee... 10
Binning., \Vol., tic Stour Val. 131.145....
Birkenhead, Lancashire, and
Cheshire Junction lO
Boston, Stamt., & Birming... 5
Bristol and Exeter
Do~ Thirds
Buckinghamshire... l4/. 4s — ...... to
Caledonian
Ditto, Half Shares - 1% to
Ditto, New 101. Preference.; 7% 7,y4 to
Ditto, Clydesdale Junction 50
Chester and Holyhead... 5O ....
Ditto, Preference
Clarence.
Do., Ist Class, 6 per Cent... 10
Do., 2d Class, 5 per Cent... 10
_ _

Do., Gov. Loan, 4 per Cent. 10
Direct London & Portsmouth 54 — to
Dublin and Belfast Junction.. 35
Dundalk and Enniskillen ... 20
East Anglia, 251. L. & E.,
aced. L. & D
Ditto, 181._, E. & 1.1 l3 ..... to

.....
, .
Ditto, 31. 10s., E. & H... 3% 2VA... to
Eastern Counties ....
Do. New Guarant. 6 per Ct. 10
Do. Perpet., 5 per ct. No. 1,6/. 13a. 4d...
Do., do N0.2,6/. 13s. 4d...
Do., Northern & Eastern... 50
Do., 5 per cont.
Do., Quarter .... . ...... ...... 124... ..
Do., New
Eastern Union, Class A (late
E. U. Shares) ......... .. 25
Ditto, ditto, Class A, ditto 1
Ditto, do, Class B (I. & B) 20 — to
Ditto, do, Class C, ditto... 20

Ditto Scrip (gua. 6 per ct.) 10 . —
Ditto, ditto
Ditto (C. & E.), 5 per ct. 2% — to
East Lancashire
Ditto, New .. ........... .... . 21 ..•.. to
Do., New Quarters
Do., G per Cent. Preference
Quarter Shares 6A.......,~
East Lincolnshire
Edinburgh and Glasgow 5O
...... to
Ditto, Half Shares
Edinburgh and Northern
Ditto, New port
Exeter, Yeovil, & Dorchester 2% —
... . to _
Glasg., Dumfries, & Carlisle-8/. 6s.Bd — ..... to
Glasgow, Kilmarnock, & Ayr 50 ....„
Do. Preference Consolidated
Great Northern-- .......... ... 19
Do. 14, 13 6 per Cent. Guar. 614 4% to
Do. Extension .... ..... .... 21/2„ ... --to
Gt. South. & West. (Ireland) 42% —
Great North of England 100
Ditto, New 40/
Ditto, ditto ....
Ditto, New 301
Ditto, New 151......... l4 ...... •
Gre/f,t Western
Ditto, Half Shares
Ditto, Quarter Shares
Ditto, Fifths
Do. New 171 l3 .. ... 10% to
Huddersfield and Manchester 30 .. -.
Ditto, Thirds lO
Hull and Selby. 5O
Ditto, Half Shares .. ...... 25 ~ —
Ditto, Quarter Shares .. 12% — to
Lancaster and Carlisle.... ... 50
Do., Thirds.
Lancashire and Yorkshire ... 93 ..... to
Ditto, ditto
Ditto Half Shares
Ditto Quarters
Ditto Fifths
Ditto Sixteenths ... ..... ... 6%...... ... to
Ditto Thirds (Reg.)
..... .._

Do., New Guar. 6 per cent. VA — ...... to
Do. Liverpool and Bury... 43
Do. (Rudders. and Shetr.) 43
Do., Wakefield, Pontefract,
and Goole

Do., West Riding Union... 7 .... .
Do., Preston and Wyre ... 25
Do., do., Half Shares (A) 9% — to
Leeds and Bradford 5O ..... 98 ••• .. to
Leeds,Dowthury,& Blanches. 50
.Do , Half Shares

Ditto, Blue (scrip) ...... to
Leeds and Thirsk ...—... ...... 50
Ditto, New
.... 35 to

Do.,do.,Prefer., 6 per Cent. 3%..... ...... to
Liverpool, Crosby, and South-
cort.
Liverpool, Manchester, and
Newcastle Junction. ...... ... 2% — ..... .to
London It Blackwall ......131. es. 8d —
Do. Extension
Loud., Bright., & South Coast 50
Do. Guaranteed 5 per Cent. 9 -
Do. Pref. Cony. 5 per Cent. 50 ...... ..
Ditto, ditto 1852 50 .....
Do., New, guar. 6 per cent. 5
1. omion and Greenwich... 121. 159.4 d — ... .. to
Ditto Preference lBl 17s 2d... ...... to
London & North Western.....loo 124 125... to 123
Do. Quarters (L. and B.) 22
DI. New
Do. Fifths
Do. 40e. Shares.....L. &51 25 ...... ..... to
Do. 10/.... M. and B. (A.) 9 .... • ...... to
Do. 10/. .. M. and B. (B.) 9
Do. 101... M. and B. (C.) 1 - ... •• to
London and S. Western...—. .50 ..
Ditto, New 504-- .. ..... 42'h......
Ditto, New 404, ..... .. .. 34
Do. Tenths (Consolidated) 50 ......
Do. Tenths (Consolidated) 40
Ditto. Thirds l3l. 6s. 83 ... 4% dis. to
Do., New Scrip, 1848, Pref.
7 per Ct. on Deposit and
5 per Ct. on Calls
Lendon, Salisbury, & Yeovil 1% — ...... to
Londonderry and Coleraine... 284 — to
Londonderry and Enniskillen 27% ..... to
Liwestoft (guar. 4 per cent.) 20
Ditto (guar. 6 per cent. ... 13 ......
Manch, Buxton, & Matlock 4
M anchr, Sheffield, and Linc.100
Ditto Il Shares ( No. 1) ... 18 ......
Ditto, ditto (No. 2)
Ditto, 143 Shares (No. 3 )... 11% ......
Do., New 10.. Preference.. 10 ... .. ... . to
Ditto Grimsby .
Ditto, ditto. ..... ..~
Ditto, ditto ... . BIA3 — . to ...,

MONEY and COMMERCIAL NEWS.
CITY, QUARTER TO THREE.
The sales of Cotton at Liverpool yesterday were esti.
mated at 4,500 bales, and include 3,500 American; 300
Bahia at 4i-d. to 5d.; 100 Egyptians at sid. to 6d.; 200
Surat at 3d. to 31d.; and 40 Sea Islands at Bd. to 9d.
The mat ket closed heavily, and prices had a declining
tendency.—Railway shares were firm generally.
The accounts received from France are still of a satis-
factory character generally, and although the debate
upon the affair of General Changarnier had occasioned
some reaction in the Rente, it does net appear that any
positive uneasiness exists. The quarters to which we
West now chiefly look for events of interest, are Italy
and Denmark, and, in relation to the latter, it
may be remarked that there are doubts expressed in the
letters received as to whether an amicable arrangement
will be effected. The winter season usually suspends
military operations, but the freezing over of the Belt
would afford an easy passage to the troops, the assembling
of which at Hamburgh, and on the Hanoverian frontier,
is not considered a very pacific indication. The detri-
mtnt to commerce during the last struggle was so
great that we are not surprised to hear of the,
anxiety expressed in various quarters as to the
possibility of the war being renewed. One or two cases
have been mentioned to us in which vessels have been
ordered home from the Baltic, as a measure of pre-
caution.