The Sun.
London, England, 1848-12-04 00:00:00

LONDON, MONDAY EVENING, DECEMBER 4, 1848.

attempted to set aside the rule for the allowance of
costs; Judge PATTESON, however, very properly re-
fused to make any decision on the subject, leaving
the discomfited Prelate to bring the matter before
the full Court if he should think proper.
We shall await the conclusion of the matter with
some curiosity, to see whether those costs will be
enforced, or whether the salutary provisions of the
statute, which, for the first time, afforded some slight
protection to public journalists from the attacks to
which they were exposed, is to be frittered away and
disregarded on some frivolous technical grounds.

THE FRENCH REPUBLIC.

We have received the Paris papers of Saturday.
At the close of the sitting of the Assembly on
Friday the following Ministerial communication
was made on the subject of the arrival in France of
the POPE :

The President—The tribune is to M. Vivien, for a
communication from the Government.
The Minister of Public Works—l wish to state to
the Assembly that the Minister of Public Worship has
been ordered by the Government to proceed to Mar-
seilles, to receive, in a fitting manner, the Sovereign Pon-
tiff, and give him a welcome worthy of himself and of
the Republic.—(Hear, hear.)
The Abbe Parisis, Bishop of Langres—l make myself
the organ of all true believers, when I give every com-
mendation to the Government for the manner in which
it has acted in this matter. The language of the As-
sembly yesterday, and the demonstration which re-
sponded to it, will, I doubt not, draw down the blessing
of God on our labour.—(Hear, hear.)
At the sitting of the National Assembly on Satur-
day, the President read the following letter addressed to
the National Assembly by the Apostolical Nuncio in
Paris:—

" Paris, Dec. 1.
" M. le President,—The noble sentiments manifested
in so signal a manner by the National Assembly, at the
sitting of this day, towards the person of the Most Holy
Father have affected me to the bottom of my soul. I
hasten to convey immediately to the Assembly, through
your medium, the expression of all the gratitude I feel
for the Government of the Republic, and for the worthy
representatives of France—of that nation which can

never forget its generous instinct and traditional de-
votedness. Accept, M. le President, with my thanks,
the assurance of my most distinguished consideration.
" The Archbishop of NICEA,
Apostolical Nuncio."
M. Marrast, President of the Assembly, returned the
following reply to the Pope's Nuncio:—...

" Paris, Dec. 2.

"M. le Nonce—l will lose no time in communicating
to the National Assembly the letter you have done me
the honour to address to me.

" The Assembly, the organ of the sovereignty of the
people, has responded to the sentiments of the entire na-
tion by spontaneously expressing its lively and deep
sympathy for the Holy Father. _ _ _

- " The Republic, which has a right to choose amongst
past traditions, will ever remain faithful to those which
made France the hospitable asylum of all great misfor-
tunes, and full of veneration and devotedness for the
noblest virtues.

" The vote of the National Assembly approving the
initiative assumed by the Executive Government must
have convinced you beforehand, M. le Nonce, that the
illustrious Pontiff on arriving in Republican and Catholic
France will be surrounded with all the marks of respect
due to his exalted station, and those homages of the
heart will be as affecting and sincere as all those inspired
by faith and liberty.
" The President of the National Assembly.
" ARMAND MAanAST."
M. FRESLON, the Minister of Public Works, left
Paris on Friday night, and proceeded to Marseilles,
to meet the POPE. The business of the department
of public works will, during the absence of M. FRES-
LON, be conducted by M. MAain.
The Patrie of Friday evening says—

" The Council of Ministers assembled this evening
at five o'clock, to regulate the order of the reception to
be given to the Pope at Marseilles. It is said that the
National Assembly will make this an occasion for taking
a week's adjournment, and that a great many of the
Members will go to meet the Holy Father. It is be-
lieved that his Holiness will have assigned to him a re-
sidence in one of the Southern towns of France, unless
he should prefer sojourning in Paris, in which case the
Tuileries would be assigned to him and his suite."

The press of Paris, with the exception of the Red
Republican and Socialist journals, are almost unani-
mous in their expressions of approbation of the
conduct of General CATAIGNAC in offering the Pops
an asylum in France, and the glory which has in
consequence been acquired by the French Republic.
The Report drawn up in the name of the Com-
mittee of Justice, and at the suggestion of M.
CREI&IZUX, on the responsibility of the President of
tbs. Ro.niihlir end hie
Saturday. The grounds of accusation against a
President of the Republic are treason, exaction,
collusion, and the crimes which now come under the
penal law. The crimes and offences affecting the
Ministers are, proceedings with a view to overthrow
the constitution, crimes touching the safety of the
State, the violation of the articles of the constitution
which forbids the President commanding an armed
force ; the making war ; the introduction of foreign
troops into the French territory; the refusing to
execute the orders of the President of the Republic
relative to the:safety of the State; intervention in
elections; and, lastly, the participation in any of the
deeds which constitute high treason on the part of the
President of the Republic.
The &odeives the following as a communica-
tion :—" The Independent de Toulouse publishes a
letter said to have been written by General LAMORI-
CIERS in July last to Marshal BUGEAUD, and the
Marshal's answer. These two letters have been in-
vented by the person who has made them public.
Since the Revolution of February, General LAMOZI.•
CIERE has not written any letter to Marshal By-
GEAUD, nor received one from him."

The Electoral Congress of Red Republicans and
Socialists of Paris have nominated M. LEDRU Romari
as their candidate for the Presidency, in preference to
M. RASPAIL, by a majority of 800 to 4.
A telegraphic dispatch has been received by the
French Government announcing the arrival at
Marseilles of the steam-frigates which had been or-
dered there from Toulon, and the embarkation of the
troops.

The Corsaire says that it has been reported that
M. EMILE nn GIRARDIN had been poisoned ' • the re-
port, it says, originated in his having bitten his own
tongue at dinner.

SIM. FELIX PYAT and PROUDRON have at length
succeeded in fighting their oft-postponed duel. They
met on Friday, and exchanged two shots each.
Neither was wounded.

Intelligence has been received in Paris confirming
the rumours of the death of IBRAHIM PACHi, and adding
that Ans.ts PACHA had peaceably succeeded to the
Government of Egypt.
Prince Louts NAPOLEON BONAPARTE published a
letter yesterday, blaming the expedition ,to Civita
Vecchia. It was to be expected that Prince Louts
NAPOLEON would disapprove of an expedition, the
object of which was to put down the anarchical at-
tempts of his brother the Prince of CANINO.
COURS ATITHENTIQUE.--PARIS, DEC. 2.-French
Five per Cents., 66f. 20c. 15c. 20c. 30c. 40,3. 350. 30c. 66f.
25c. 20c. 10c. 05e. 66t. 65f. 95f. 65f. 90e. 80e. 85c. 90c.
95c. G6f. 651. 90e. ; New Loan, 66f. 20c. 10c. 651. 85c.
80c. 651. Four per Cents., 52f. 50c. ; Three per Cents.,
43f. 10c. 15c. 25c. 20c. 25c. 20c. 15c. 431. 20c. 15c. 43f.
10c. 05c., 43F. ; Bank of France, 1,400 f. 1,4101. 1,4051.,
1,400f.1,395f. 1,3901.1,387 f. 50c.; Obligations of the City,
1,1251.; Roman, 571. 53f. 52if.; Belgian Five per Cents.,
1840, 78i- if. ; Ditto, 1842, 78if. ; Ditto, Four-anii-a-
Half per Cents., 711 f. ; Spanish Three per Cents., 25.
Exchange on London, one month, money, 25f. 421 c. ;
three months' money, 25f. 35c.
BOURSE-P.lms, SATURDAY, DEC. 2.

The market opened pretty firm at about the closing
quotations of yesterday, but some considerable sales
having been made to realize profits prices gave way, and
at the close Rentes were generally marked lower.
Threes at 43f.; Fives at 65f. 90c.; and New Loan, 65f.
65c. The market closed as follows:--Thrves, for cash,
43f.; for account, 43f.; Fives, for cash, 65f. 90c.; for
account, 65f. 75c.; New Loan, for cash, 65f. 65c.; for
account, 65f. 65c.; Bank of France shares, 1,387 f. 50c.;
Spanish Threes, 25f.; Spanish Fives and Neapolitans not
quoted.
RAILWAYS.-The Share Market has been rather heavy
to-day, but prices have not undergone any material
alteration in prices. Orleans closed at 600 t.; Rouen,
3521. 50c.; Avignon, 1621. 500.; Vierzon, 215 f.; Stras-
burgh and Bale, 76f. 25c.; Nantes, 310 f.; Northern, 341 f.
25c.; Bordeaux, 3631. 75e.; Paris and Strasburg, 3261".
25c.; tlontereau, 100 f.

BUSINESS DONE IN FOREIGN RAILWAYS AT THE
LONDON STOCK-EXCHANGE, Disc. 2.
Luxeatbourg (101.), 11,4—Orleans and Bordeaux, 13/4.

SPAIN.
Madrid journals of the 26th ult. have arrived.
General CORDOVA is to be placed under arrest and
tried by court martial for his recent conduct in
Catalonia.
General MANUAL CONCHA :left Madrid for Cata-
lonia on the evening of the 26th. He had a long
interview with NARVAEZ in the course of the morn-
ing, who promised to place at his disposal all the
men sand money he might require. The army in
Catalonia is to be reinforced by 20 battalions.
ConcuA. was accompanied by General MATA. 7 ALos
as chief of his staff.
There was no Bolsa on the 26th.

THE CHARTIST LAND SCHEME.—We hear that
" The People's Estate" at Mathon, purchased by Mr.
Feargu3 *O'Connor, is about to be brought again to the
hammer, in consequence of that gentleman declining to
complete the purchase. The reason assigned is the
" annihilation " (Mr. O'Connor's own term) of the in-
come derived from subscription to the Land Company
since the publication of the evidence taken respecting
its affairs by the select committee of the House of Com-
mons.— Worcester Herald.

GERMANY

AND

THE NORTHERN STATES.

SCHLESWIG-HOLSTEIN.

HADERSLEVEN, Nov. 27.—The following address
to the National Parliament has been resolved
" To the High National German Parliament."
" The Hamburgh Borsenhalle,:of the 21st instant,
contains a report of the Committee for Domestic
Economy of the National Parliament on the proposal
of the Minister of Trade, in which the prohibitive
system, in regard to the German navigation, is de-
cidedly approved. Tt cannot indeed be denied that,
by adopting the system of the said Committee, very
great advantages %could be derived by some of the
largest mercantile :places, especially those in the
North Sea ; but it is equally true that this would
be effected at the expense of all the rest, espe-
cially those along the East Sea harbours, whose
interest would be most materially injured thereby.
The greatest possible freedom for navigation and
trade can alone be advantageous to the whole, and
only a system founded on this principle would be
able to equalise the various interests, and to do equal
justice to all.
"Guided by this conviction, the Commercial Union
of the City of Hadersleven most respectfully makes
the following request :--
"That the High National Parliament, while re-
jecting the proposal made by the Committee for Do-
mestic Economy in regard to the German Naviga•
tion, will grant their assent to that system only
which shall include the greatest possible freedom of
navigation and trade.
(Signed) "The Commercial Union of Hadersleven.
"Hadersleven, Nov. 27, 1848."
A protest has been made to the Government by the
inhabitants of Hadersleven against the separation of a
portion of the duchy of Schleswig and Holstein, as
included in the negotiations for peace between
Germany and Den►nark.—Hamburgh Borsenhalle,
Nov. 30.

Mr. Venedy, the reporter of the minority, made a most
violent attack on the present Imperial Ministry, for
their policy in the Austrian question. He blamed par-
ticularly M. Schmerling, President of the Council, who,
in his opinion, had served, not Germany, but the Aus-
trian Government, and ought therefore to be not an Im-
perial Minister, but Minister to Prince Windischgratz.
" That Minister," said he, "who has acted here for
Austria, send him to Austria." "To support monarchy
by reaction," continued he, "will unavoidably cause
the Re-public and anarchy to pass over you (the As-
sembly) like the sirocco over the desert."
After the Austrian affair had been again referred to
the committee, a discussion took place on a motion of
the committee appointed to report on an electioneering
circular, issued by the Provincial Government of Mo-
ravia at Bruenn, Oct. 20th, to the magistracy at Tes-
chen, in Austrian Silesia. The committee disapproved
the step taken on the part of the Moravian authorities.l
Count Deym (of Austria) proposed the simple order
of the day. He observed that the German Assembly,
particularly in its present provisional existence, could
not control Austrian Government measures, nor indeed
should it interfere with the measures of any other indi-
vidual Government. " Austria," said the speaker,
" cannot, and will not, appertain to Germany. If you
will have it, you must send an army and conquer it."
Raveaux (of Cologne) asked why the Austrians, hav-
ing such ideas, put themselves at the head of the Ger-
man movement since March? The most culpable in-
trigues, he believed, have been formed against the
German liberty and unity since the preparatory Ger-
man Parliament. He supported the motion of the com-
mittee.

Dr. Berger (of Vienna) followed in support of the mo-
tion of the Committee. Austria, he said, will soon recall
its Deputies from the Assembly, and of course they will
be then obliged to leave, Austrian Deputies have
already decided in their clubs at Kremsier not to ac-
knowledge the German Parliament.
After few remarks from the reporter of the Committee
against Count Deym, the Assembly agreed by a large
majority to the motion proposed.

served as an ensign in Sicily in 1812), has joined the
Sicilian service as a colonel, and Captain FoauEs, of
the Royal Artillery, has joined as a colonel in the
same branch of the Sicilian service, with his son,
who have all three reached Palermo, and entered
upon their duties. Captain MoTT, of the Engineers,
in the service of the United States of America, has
also joined the Sicilian service at Catania.

The Alba, Florence journal, of the 24th ult., con-
tains the following:—
" We have every reason to believe that the Prince of
Partanna, Neapolitan Ambassador in Tuscany, has to-
day received his passports, and the Minister Lenz mi and
the Ambassador Griffoli have been recalled from Naples.
It would appear that the Neapolitan Government had
required the Tuscan Cabinet to retract the declarations
it had published in the Tuscan Monitor, rdative to
Sicily, and complained of the Sicilian Commissary
having been authorised to hoist his flag over his gate.
The Tuscan Government having returned no reply, the
diplomatic relations between the two states have been
interrupted. The Tuscan Government could not in that
circumstance act with more straightforwardness and
firmness. It conformed to the principles inscribed in its
programme, and to the wishes expressed by tho Tuscan
Parliament."

The Semaphore de Marseilles of the 28th ult.
announces that the Neapolitan Government, consider-
ing the suppression at Genoa and Marseilles of all
regular measures with regard to the countries in
which cholera prevailed, had resolved that vessels
comirg from the south of France, Genoa, Leghorn,
and Civita Vecchia, should be furnished with a certi-
ficate from the Neapolitan consular agent, residing in
those harbours, stating that no goods susceptible of
infection, proceeding from countries where the
epidemic rages, existed on board. As respected the
passengers, the same agent was to certify that each of
them had left England or Malta since ten days. In
case one of those conditions should be omitted in the
certificate, the vessel is not to be admitted to free
pratique, and a special decision shall be adopted in
respect of them. That formality was to be required,
after the 24th ult. from all vessels arriving at Naples.

AMERICA.
BY ELECTRIC TELEGRAPH.
MONDAY, 11 A.nr.
The America, steamer, from New York has jus
arrived off Liverpool.

BISHOP PHILPOTTS v. THOMAS

LATI MER, LABOURER.

There has been a question of costs left standing over
in this case, which will bring the matter again before
the Courts. Our readers will remember the case. The
defendant, the editor of the Western 7 imes, was indicted
by Bishop Phillpotts for libel. To this indictment he
pleaded a justification under the statute of the 6th and
7th Victoria, chapter 96, commonly known as Lord
Campbell's Act. By this Act a defendant is allowed,
for the first time in the annals of our laws, to plead a
justification to an indictment for libel, according to the
following section :
" And be it enacted that iu the case of any indict-
ment or information by a private prosecutor for the
publication of any defamatory libel, if judgment shall
be given for the defendant, he shall he entitled to re-
cover from the prosecutor the costs sustained by the
said defendant, by reason of such indictment or infor-
mation: —and that upon a special plea of justification
to such indictment or information, if the issue be found
for the prosecutor, he shall be entitled to recover from
the defendant the costs sustained by the prosecutor by
reason of such plea, such costs so to be recovered by the
defendant or prosecutor respectively, to be taxed by the
proper officer of the court, betore which the said in-
dictment or information is tried."

B this it will be seen that if a defendant fail to sus-
tain-his justification, the prosecutor will receive all the
costs which he has boen put to in rebutting the attempt
to justify, anti the plea of justification may go in aggra-
vation of the libel ; and be visited with extra punish-
ment. on the other hand, the plea of justification be
established by the verdict of the jury, then the prosecutor
is held liable to pay the costs of the defendant. Now in
this case, which was tried at the Devon Assizes, in March
last, the jury decided by their verdict that the defen-
dant, Mr. Latimer, had proved his plea of justification
—namely, that the matter of which the Right
Rev. prosecutor complained, was true. The defendant
having the verdict entered in his favour, bad, at length,
obtained the ordinary rule for the allowance of his costs.
Upon this, the Right Rev. prosecutor took out a sum-
mons, returnable before Mr. Justice Patteson, to show
cause why the rule so obtained should not be set aside.

The defendant, therefore, appeared through his
Learned Counsel, Mr. Kingdon, before the Learned
Justice Patteson, at the Judges' Chambers, on Wednes-
day last, but
The LEARNED JUDGE said he should forbear to ex-
press an opinion on the application. This being the
first case where a special plea of justification had been
found for a defendant under this Act of Parliament, he
conceived the case to be one of that importance, that it
ought to be dealt with by the full court in term. He,
therefore, referred the right reverend prosecutor to the
Court of Queen's Bench, declining himself to make the
order which the prosecutor ask/A tor_— Western 7'imor,

COURT CIRCULAR.
OSBORNE, SATURDAY.
The Queen and Prince Albert took their usual walk
this morning about the grounds at Osborne.
The younger branches of the Royal Family took
their accustomed exercise.

Colonel Bouverie arrived yesterday afternoon, to
attend on the Prince as Equerry in Waiting.

SUNDAY.
The Queen and Prince Albert, accompanied by the
younger branches of the Royal Family, walked in
the gardens this morning.
The Queen and Prince Albert, accompanied by the
Countess of Gainsborough, Lord and Lady John
Russell, Colonel Berkeley Drummond, and Colonel
Bourerie, attended Divine service at Whippingham
Church.

Colonel the Hon. Charles Phipps had the honour of
joining the royal dinner party at Osborne yesterday.

Sir Robert Kane and the Rev. Dr. P. Shuldham
Henry had an interview with Sir G. Grey on Satur-
day, at the Home-office.
Mr. Brickwood (South Sea House) and Mr. Barnes
had an interview with the Chancellor of the Ex-
chequer on Saturday, at his official residence in
Downing-street _

Earl Grey had a dinner party on Friday at his
residence in Belgrave-square. The company included
the Solicitor General, Mr. Wilson, M.P., the Right
Hon. Sir Charles and Lady Mary Wood, Mr. and
Mrs. William Grey, Captain Moody, lion. Mr. and
Mrs. H. Brand, and Mr. and Mrs. P. Elliott.
Mr. Adair had an interview on Saturday with Sir
George Grey.
The Duke of Wellington and Sir Fred. Trench
attended the early service yesterday in the Chapel
Royal, St. James's—the Rev. Dr. Wesley officiated.
At the daily service the prayers were read by the
Rev. W. Thomas, and the lessons by the Rev. T.
Helmore. The sermon was preached by the Rev. Dr.
Wesley. The anthem was " Prepare ye the Way"
(Wise). Sir George Smart presided at the organ.

A pamphlet of a very benevolent character has
recently been penned by a Mr. Henry Nicholls, en-
titled " Proposal for forming an Institution to grant
Annuities and provide Homes for the Working
Classes in Old Age." The first edition has already
received the commendation of some amongst our
weekly contemporaries, and the second edition, which
has just found its way into our hands, demands from
us some brief allusion to its philanthropic intentions.
The writer has herein developed a plan, by the adop-
tion of which the poorer classes would be enabled to
lay by for themselves a provision for those years when
work is rendered impossible by decrepitude. So much
happiness and so much misery are dependent upon the
adoption or rejection of the scheme, that we earnestly
commend the benevolent proposition of Mr. Nicholls
to the attention of his labouring fellow-countrymen.

,REATUM.—In our notice of the performance of the
Messiah, at Exeter Hall, on Friday evening, which ap-
peared in The Sun, of Saturday, the heading of the
article should have been " London Sacred Harmonic
Society."
THE HON. AND REP. BAPTIST W. NOEL.—The
public announcement that Mr. Noel would yesterday
take leave of his congregation caused an enormous crowd
to assemble on the occasion, in and about St. John's
Chapel, Bedford row ; in fact, in the morning but few
of the seatholders were able at all to make their way
into the chapel, and it was during the early part of the
service a scene of much confusion and excitement, but
in the evening more adequate arrangements for securing
order were
,made. Mr. Noel preached twice—in the
morning from Epliesians iii. 14-19, in the evening from
John xvii. 24, but said that he should not waste the time
of the congregation by any explanation respecting him-
self; that a statement of his views would shortly be pub-
lished, and would sufficiently explain his position. He
announced that his post would, for some time at least,
be occupied by Archdeacon Dealtry, who has recently
come to this country from India; and Mr. Noel added,
—" I know not to whom I should more willingly have
transferred the office which I now unworthily fill."
At the close of the evening discourse he urged those who
might differ from the conclusion to which he had come,
and those who should agree in it, to " learn to manifest
to the world how believers in the same Saviour ought to
tolerate one another;" and after enforcing his well-
known views respecting the unity of the Church, be af-
fectionately bade the congregation farewell. There
SeEins to be considerable uncertainty with regard to Mr.
Baptist Noel's intentions, it is said that he means to re-
tire into private life " for the present," and that ho and
his family will attend divine service at church " for the
present" in the neighbourhood of his residence. There
appears to be no doubt entertained that he will tike some
further step after a short time, but it is said that he does
not as yet see his way clearly to anything further than
relinquishing his office of minister in the Established
Church. This he does on the ground of objection to the
union of the Church with the State; his volume on that
subject will be published in two or three weeks.
APOTHECARIES' HALL.—The following are the
names of gentlemen who passed their examination in
the science and practice of medicine, and received cer-
tificates to practise, on Thursday, Nov. 30:—Edward
Ilott, Bromley, Kent ; John Edward Elam, Leeds,
Yorkshire.

MONEY and COMMERCIAL NEWS.

CITY, QUARTER TO THREE.
There was a steady market for most descriptions of
Cotton at Liverpool on Saturday, and previous prices
were fully supported. The sales were estimated at
4,500 bales, and comprised about 3,500 bales American at
9-7 d. to 54d. ; 100 Pernams and blarathams at 41d. to
--1!401. ; and 300 Surats at 20. to 3P.—The Railway
Share Market was steady at previous quotations.
The Overland Mail from India brings late and in-
teresting intelligence. The opinion entertained of the
political state of affairs is certainly not very favourable,
a great deal of trouble being yet expected in the Pun-
jaub, and no doubt at a severe cost of life and treasure,
though no fear is entertained of the issue. The com-
mercial news is satisfactory, for although there was no
great activity in the markets, they were in a healthy
condition, and business was expected to be soon resumed
with more spirit, holidays haring checked it.
The West India advices are of much the same tenor
as for some time past. The weather was favourable,
and the wages of the ,laFourers had in many instances
been reduced, without murmuring on their part, but the
want of capital and supplies from home, for carrying on
the estates, was severely felt. Reduction of the Govern-
ment expenditure was strenuously and most reasonably
urged.

The stormy weather of last night has delayed the ar-
rival of the Belgian mail.
The following is a very interesting report upon the state
of Manchester trade, sent to us, by Mr. G. F. Mendley,
of the late firm of Ferguson, Taylor, and Co.:—
" Although the present period of the year is a time
when business in this market usually experiences a lull,yet
the transactions of the month just closed have been on a
sufficiently large scale to give a satisfactory activity to
sellers. The extremely low prices which were current
when I addressed you with my last report, and
the readiness with which stocks were submitted
at those rates by the holders, afforded, as
I expected they would, strong inducements
to merchants to invest, and the consequence has been
a very considerable business, by which stocks, even
previously moderate, have been considerably lightened,
and the market left bare of some varieties of fabrics.
Spinners and manufacturers have, in many instances,
entered in to contracts which will forestal their production
for several weeks to come, and, in this condition of the
market, they have been emboldened to demand ad-
vances of such importance as to check further opera-
tions. The rise in the value of the raw staple, it must,
however, be admitted, rendered this movement impe-
rative, on the part of producers. Since Tues-
day last there has been rather less doing,
but the advanced prices are yet firmly demanded, and
it remains to be seen whether business is to be resumed
at these quotations, or whether a relaxation in the rates
of Cotton, and a limitation of demand for goods,
will induce manufacturers to accept engage-
ments at the former currency. It appears to be
quite certain that the condition of Foreign and our
Colonial Markets affords no encouragement for ship-
ments of goods laid in at much above the ruling prices
of to- day, and the only hope for running off
the large production of our mills is to be
found in the present low value of our textile
fabrics, forcing markets for their vend. The probability
of an abundant supply of Cotton, of which more than the
usual proportion is likely to find its way to this country,
is against the supposition that a material advance can be
obtained."

The English Stock Market is exceedingly quiet this
morning, with an appearance of firmness notwithstand-
ing. Consols have been 8711 for transfer, and 67
for account. The accounts from France still
keep alive the feeling of uncertainty in
respect to the issue of the Presidential election. The
New Three-and-a-Quarter per Cents. have been 861 I,
and the Three per Cents., 86* 4. Bank Stock is about
188 to 190, and India Stock has improved to 239. Ex-
chequer-bills (March) are 41s. to 445. premium, and
India Bonds, 38s. premium.

The Foreign Securities are as dull as the English
investments. Spanish Fire per Cents. have been 1 It,
and the Three per Cents. 241. Portuguese Four per
Cents. have realised 24 to Brazilian Stock is worth
74; Mexican has been done at 21i, mid Peruvian at
36 to 37. Dutch Two-and-a-Halt pia Cents. are no-
minally 47 to 48. _ _ _

Railway Share Market is very inactive, but the
quotations generally are firm.

ONE cLosnca
E. -:1, ~,::, 010 ~ KITIS I i FUNDS. O'CLOCK. PRICES.
3 por Cent. Reduced A-..ns 861,41% 8614
3 per Cent. Consols Annuities 8714%% 87%
New 31% per Cent. Ann 5......
India Stock 239 239
i }ldle Bondif, 1,0001. ..... . .. 38 p 88 p
Ditto under 1,0001... ...... 38 p 38p
South Sea Stock
Ditto New Annuities ... 84% 841,4 i
Consols for Account 87% 87%
exchequer Bills. 2%d. & 2d.
1,0001. March ......
1,0001. June 3B p 38 p
Small, March ..... .. 41 p 41 p
Small. June
PRICES OF FOREIGN FUNDS ONE CLOSING
O'CLOCK. PRICES.
Brazilian Bonds
Equador Bonds
Mexican, 5 per Cent. 1846 — 21%
Ditto, Account 21% 21%
Peruvian Bonds, 6 per Cents 36% 36 37 37
Portuguese 5 per Cents.
Ditto, 4 per Cent
Spanish 5 per Cent. 1840.
Ditto, 3 per Cent
Venezuela Bonds, 214 per Cent —
Ditto Defqrred 4
Dividends on the above payable in London.
=Dutch 2% per Cent., 12 Guild —
Ditto, Account —

24%
1134
24
4
4714
47%

PRICES OF PAID. BUSINESS DONE CLOSING
RAILWAY SHARES. AT ONE O'CLOCK. PRICES.
Aberdeen 5O -
Amber. Nott., Boston,
and Eastern Junction 4IA ...... -
Ayrshire and Galloway.. 7
.
Belfast & County Down 19 -
Birmingham and Ox-
ford Janet., calls duly
paid, or with a guaran. 20
Do, withoutguarantee 20 . ... .
Birming, Wolverh'ton,
and Dudley, calls duly
;pd, or with guarantee 10 .....
Do. without guarantee 10
Binning., Wolverh'pton,
and Stour Valley 134 145... ...
Birkenhead, Lancashire,
and Cheshire June.... 10
Boston, Stamfd & Birm. 5

Bristol and Exeter 9O ...,
Ditto, Thirds ... 271
tiuckinghamshire... 14/. 4s.
Caledonian
Ditto, Half Shares .. 83i...••.
Do. New 10/. Pref..... 5 ...,.. _,..
Ditto,ClydesdaleJunc 50
...
Chester and Ilolyhead... 50
... ...... — —.
Ditto, Preference l5
Clarence
Do. Ist Class, 6 per Ct. 10
Do. 2d Class, 5 per Ct. 10
......
Do. Government Loan,
4 per Cent.
-
OP.
Direct London & Ports-
mouth
Dublin and Belfast June. 35
...... .
Dundalk & Enniskillen 20
East Anglia, 254, L. &
E. and L. and D.— ... 25 ...... —_ .„ ...... _ --
Do., 18/., E. & H.... 13 ..... ........ ..... —*
Do., 31.10 x.
Eastern Counties........ 20 ...... 11%%...... IIIA
Do. New Guaranteed.
6 per Cent. .... ...... 10 ...... 10:47f, x d....,.. 10%2Ld
Ditto, Extension, 5 per
Cent., No. 1 6/.135. 4d.... .
.....
Ditto ditto, No. 2...61. 13s. 4d...
Do. North. & Eastern 50
Do., 5 per cent,.
Do. Quarters ... ...... 12% — ............ .
Do. New
Eastern Union, Class A
(late E. U. Shares) 25
Ditto, Class B (I. & ..
and B.)
Do. Scrip (6 percent.) 10
Ditto, ditto ... 2O ..... • •• •••••
—••..— ........
Ditto (C. & E.) guar.
5 per cent...—.
. ..... ... .....•
Ditto, New ...... ...... 21 ..... ... ..
Ditto, New Quarters 614 - ... .
Do., 6 per Cent. Pre-
ference Quarters ... 614
East Lincolnshire ...... 25 „ — ... Edinburgh and Glasgow 50
38 .
Ditto, Half Shares ... 20
..
Edinburgh and Northern 25
Ditto, Newport l6
Exeter,Yeovil, & Dorch. 2%
Glasgow, Dumfries, and
Carlisle ....... ... —Si. 6s. 8d.... ... .........
Glasgow,Kilmar., & Ayr 50 ..... .
Do. Preference Consol.
, ....
.
Do.,A Deferred ... 12% — .... ....... ....
Do., 1%8 6 per Cent.
guaranteed ... ..... 61,E 3 274
Do. Extension 2l/,', ......

1414
134

..... 2t~
...

4%

16%

38
141,14

—Oa
41A;
2%

221 A
222

Great South. and West
(Ireland)
Great North of England.loo ......222
Ditto, New, 40/ 4O
Ditto, ditto
Ditto, New, 30/ 3O
Ditto, New, 151
Great Western 9O
Ditto, 4 Shares
Ditto, % Shares
Ditto, Fifths ... 20
Ditto, New 171........ 13 ...
Huddersfield and Manch. 30
......... •••....•
Ditto, Thirds
Hull and Selby .• ...... 50 ...... 96
Ditto, Half Shares ... 25 ....„
Ditto,' Shares
Lancaster and Carlisle... 50
Ditto, Thirds
Lancashire & Yorkshire 93 .....
Ditto, ditto
Ditto, % Shares
Do. Quarter Shares l7l, — ....
Do. Fifths... ......... ... 9
Do. Sixteenths 6l
4
Do. Thirds (Re,...)..... 13
..... 4
Do. N ew, Gua. 4er ct. 5
- -
Do. Liverp. and Bury 43
Ditto % (late Hud-
dersfield and Sheff.) 43
Do.(Wakefield,Ponte-
tract, and Goole) ... 50
Do. (W. Riding Union) 7 -
Do. (Preston &Wy ..--. ....re) 25 - -.•
Do. % Shares (A)... 9%....
Leeds and Bradford 5O
—. • Leads, ...-
Dewsbury, &c.... 50 ......
Do., Half Shares 25
""..
.
Do., (blue) scrip ..... .2% •• • 0 .. 11....
.-. ... ....

42%
16!‘
..-9

-;9,