The Sun.
London, England, 1846-01-12 00:00:00

EVEN 1N G, NVAR, V 12, 1846

blishments. Inhabitants of the Society Islands, if France
in according you her protection, assures you without
restriction all the advantages which you can reap in re-
posing under the shadow of her colours, henceforward
she is entitled to expect from you a loyal and sincere
friendship, in return for the benefits which she gua-
rantees to you. You will perceive that it is necessary
to your interest that the strictest union should subsist
between you and the military forces which Franee
keeps up in those islands ; you see that the presence
of these forces is not only a right resulting from the pro-
tectorate, but an obligation which it imposes on France;
you will observe, in tine, that your concurrence ought to
be for ever given to the protecting Government, to faci-
litate the means of providing for your general welfare,
the restoration of peace, and the entire accomplishment
of this solemn act of benevolent solicitude which the
King of the French testifies to you. The Governor, the
King's Commissioner, regrets exceedingly that Queen
Pomare, resisting all the offers which have been succes-
sively made by him and Admiral Hamelin, charged to
convey to her the friendly words of the Icing, has re-
fused to come and participate, by her presence, in the
re-establishment of the protectorate."

In addressing the soldiers and sailors the Governor

says :

"In according her high protection to the inhabitants
of the Society Islands, France desires them to enjoy,
without restriction, the advantages which this protec-
tion ought to ensure to them. Henceforward it is a duty for
you to treat with utmost-the mildness, and to consider as
a new family, a population which France protects with
her flag, and I have no doubt that each of you is dis-
posed to concur, for his part, and according to his posi-
tion, in the accomplishment of this solemn act of the
royal benevolence."
'We subjoin miscellaneous extracts from the
papers :

" M. C. Remusal has been elected a member of the
French Academy in the room of the late M. Roger-
Collard.

" When in 1840," says the Consrtutionnel, " the sum
of 140 millions of francs was demanded for the fortifica-
tions of Paris, the opposers of the measure maintained
that the sum would be insufficient. The expense was
estimated at the double, the triple, and some even said
that it would cost a milliard. The work may be con-
sidered as completed, and it is certain that the 140 mil-
lions will not be exceeded. Nay, it was with this sum
that the expenses of the fort of Aubervilliers, not com-
prised in the primitive plans, were defrayed ; and in
addition, several millions have been used in barracks at
Vincennes, and repairs at the Val-de-Grace. It is Just
to declare that the employment of the army has not been
without result, for not only were the soldiers paid less
than common workmen, but they prevented the general
price of labour from mounting too high."
The Councils General of Agriculture, Manufactures,
and Commerce are advancing towards the end of their
session. The Council of Commerce, in a remarkable
report of M. Decos, has just pronounced in favour of the
admission of sheet iron for naval constructions, free of
duty. It has also declared in favour of the extension of
restrictive measures fbr the labour of children, in ac-
cordance with the conclusions of a committee, of which
M. Schneider was the reporter. Amongst the subjects
brought before it, a modification of the present mode of
essaying the precious metals, and the substitution of a
Government jurisdiction in place of a contractor, under
forfeit for coining money, called forth a lengthened dis-
cussion and an approving vote. The delegates of the
towns in which mints exist, have obtained a vote ad-
verse to the centralization of coining in Paris.
" A letter from Berlin announces that the Duke of
Bordeaux has notified to the great powers the marriage
of his sister with the hereditary Prince of Lucca.
" Accounts have been received from the Caucasus to
the middle of December. The Kasikumiks, subject to
the Russians, had driven away a part of the moun-
taineers encamped at Magall Mukark; a razzia of
200,000113. weight of hay was effected on the Tuchet-
schenes ; the fortifications on the banks of the Sunpeha
were finished; Prince Woronzoff, in a voyage of inspec-
tion in Kakhetia, had received the submission of the
commune of Didoe; and during the inauguration of a
monument, in honour of General Guliakoff, deceased in
January, 1804, he distributed the Cross of St. George to
nineteen men of the Schwartz division. In short every-
thing was tranquil in Daghestan."
On the Paris Bourse on Saturday the Three per Cents.
closed at 83f. 15e. ; the New Loan at 83f. ; the Five per
Cents., 121 f. 45e. ; the Orleans Railroad shares, at 1,263 f. 75c. ;
Rouen, 1,030 f.; Northern, 757 f. 50c.; Havre, 78011 ; Avignon,
987 f. 50 ; Vierzon, 707 f. 50c. ; Bourdeaux, 650 f. ; Boulogne,
565 f. ; Troyes and Montereau, 460 f. ; Basle, 257 f. 50c. ;
Fampoux, 500 f.; Spanish Three per Cents. 38% ; Ditto,
Passives, 6%.

MONEY and COMMERCIAL NEWS.

CITY, QUARTER TO THREE.
The sales of Cotton at Liverpool on Saturday. were 6,000
bales, including 2,000 on speculation. The market was very
steady, and prices were firmly supported.
The statistics of almost every article on which the duty
has been lessened, contrast favourably where bearing upon
consumption, with the returns relative to articles which re-
tain the previous high impost. Undoubtedly if the revenue
would permit, tea, in justice to the Chinese nation, ought to
be lightened of its enormous burden, though the first consi-
deration necessarily must be the better arrangement of the
food laws. If encouragement were needed to persevere in
duty reductions, the calculations of an experienced party in
the City, to which we take the first opportunity of returning
will surely afford it. They refer to sugar:—
Imported into the United Kingdom—
British plantation 225,000 tons
Foreign free 1ab0ur...... 6,500
Deduct exported 1,500....•.

5,000 „

Total 230,000 ~
Showing an excess of imports this year of 25,000 tons.
Delivered for home consumption—
British plantation.. 246,000 tons
Foreign free labour

Total 250,000 „
The stock on hand in the United Kingcom; on the 27th
December, we estimate at 35,000 tons (foreign free-labour
included), showing a deficiency of about 10,000 tons.
The advantages derived from the reduction in the duties
are now manifest.

The importers have found their market of sale increased
by 25 per cent., and their outlay in cash for duties decreased
by 40 per cent.
The trade, grocers, refiners, and dealers have had an in-
crease of business of 25 per cent., and been enabled to con-
duct it with a smaller amount of capital and risk than here-
tofore; and the public have been supplied with sugar Id. to
11, d. per lb. cheaper than in former years, a saving in the
aggregate exceeding 2,000,000/. to the consumers.
There is rather a flat market for Stocks in the absence of
extensive sales or purchases, and the impression that
although the Government broker may be a daily taker of
the funded and unfunded debt, the railway companies
which bought in at a lower range will be sellers,
serves together with political contingencies, to re-
press any tendency to buoyancy. Consols have been
94% for Money, and are now 941/2%. For time the latter
quotations have been current all the morning. On Ex-
chequer-bills the premium is 28s. to 30s. The New Three-and-
a-Quarter per Cents. have been 98 to 97%, and the Three
per Cents. 95% to 95,4. Bank Stock is worth 205 to 206,
being relatively better supported than the other securities.
Money is easy, and there seems to be no particular demand
for it.

The Foreign Bonds are a little brisker, but they do not im-
prove in value. Spanish Five per Cents. have been 251)4 to
283/, the Three per Cents. 39% to 383, Spanish Deferred
17%. It will be seen therefore that the Three per Cents.
have just given way to % per cent. Mexican
Bonds have been quoted 30 % to 3034 for the Five per Cents,
and 161/2 for the Deferred. Peruvian have been marked
41%, Grenada 2Z and Chilien 991/. Dutch Two-and-a-
Half per Cents have realised 601,x, and the Four per Cents
95% to 95.
For Railway Shares the demand is rather slack, and prices
rather " flag " again. The desire to press sales, however, is
not very manifest.
BRITISH FUNDS THIS DAT AT ONE O'CLOCK.
(From the Official List.)
Bank Stock
3 per Cent. Reduced Annuities 95% IA
3 per Cent. Consols Anne 9538 %
New 314 per Cent. Annuities
Long Annuities Expire sth Jan. 1860 lO 7-16 9-16
Do. 30 Years, Expire Jan. 5, 1860 lOl/
Consols for Account
Exchequer Bills. I%d. I%d.
1,000/.
500/.
Ditto Small
PRICE OF FOREIGN FUNDS AT ONE O'CLOCK.
Chilian Bonds, 6 per Cent 9Ol/2
Granada, 1 per Cent. . . 22
Mexican Bonds, 1837, 5 per Coat.
Ditto for the Account 30%%
Ditto Deferreo
Peruvian Bonds, 6 per Cent
Ditto for the Account 41%
Spanish Bonds, 5 per Cent, 1840 251/2
Ditto for the Account
Ditto Deferred
Ditto 3 per Cent

- .
Ditto for the Account 39% 38%
Venezuela Bonds. 2 per Cent 42
Dividends on the above payable in London.
Dutch 21 per Cents
Ditto 4 per Cent. Certificates .. 95% 95
BUSINESS DONE IN RAILWAY SHARES AT ONI

Lon.,Warwck, Kidderminster 2% — to
London, Salisbury, & Yeovil 2% 2% to
Londonderry and Coleraine... 5
Londonderry and Enniskillen 5
Lynn and Ely
Lynn and Dereham
MatielmiLei and Leeds
Ditto Half Shares - 38
Ditto Quarters
Ditto Fifths
Ditto Sixteenths ... ..... ... 514 .....
Manchester and Birmingham 40 — to
Ditto Quarters
Ditto New Quarters
Do. Continuation & Welsh

Junction l%
Nlanch, Buxt)n, & Matlock 425.
Manchester Birmingham, and
Mould Junction
Manchester & Rugby Direct 425.
Manchester:and Southampton '2
Midland lOO .....153
Ditto Fifths
Ditto, New
Midland, Birm., and Derby...loo .....122
Midland and Eastern Counties 254 — to
M Mid. Great Western (Irish) 2
Do. Extension (No. 1) ... 23,444
Newcastle &Darlington siunc. 25
Ditto New Brandling
Newcastle and Berwick
Newcastle and Carlisle

Newport and Abergavenny. . 21/4 —
New Ross and Carlow 225.
Newry and Enniskillen
Newark, Sheffield, and Boston 2%...... 3%
Norfolk Extension

North British
Ditto Half Shares
,14

Do. Extension to Carlisle... 1i.7, 3 ...... to
Do. Extens. to Dalkeith ... 25
Ditto ditto
North Devon
North of Norfolk
Northern and Eastern 5O
Ditto Scrip (iss. at 5 dis.)... 35
Ditto Quarter Shares

Ditto .gew
North Kent & Direct Dover 2% — to --
North Staffordshire 42s. 33/4%7,3 p to
North Wales 3% . .. 4
North and South Wales and
Worcester
North. & South. Connecting 2% to
Norwich and Brandon l6 ...... 23%..... to 23
Ditto New
Northampton, Banbury, and
Cheltenham
Nottingham and Boston l% ll4l/2— to
Notting..Erewsh.Val.,&Mane. 1% — to
Nottingham and Mansfield... ..... .. to
Oxford, Gosport, Portsmouth,
and Southampton 42s.
Oxford, Worcester, and Wol-
verhampton
Oxfd., Witney, & Cheltnham 1%.....
Perth and Inverness

Pilbrow Atmospheric - to
Portsmouth Direct
Preston and Wyre ... 25
Ditto, Half Shares
Reading, Guildford, & Reigate 425.
Richmond
Rugby, Derby, & Manchester 2% — to
Rugby and Huntingdon
Rugby, Leamington, aim
Warwick
to—
—
to
to
Rugby, Warwick, and Wor-
cester
Scottish Central
Scottish Midland ...............5
u...
Ditto, Extension l%
Sheffield and Manchester —160
Ditto 4 Shares 8
Shrewsburyand Birmingham 21/2 4%16... to
Shropshiro Mineral ... 425. ,
Shropshire Union
Shrewsbury and Hereford
Shrewsbury, 'volverhampton,
and S. Staffordsh. Junction 2%..... to
Sligo and Shannon
Somersetshire Midland
South Devon
South Midland 425....... 314 p.. to 3 p
South and Midlands Junction 42c —
South Staffordshire Junction 21,1 —
South Eastern and Dover ... 33% ...... 381/04 to
Ditto, New, No. 1
Ditto, New, No. 2
Ditto, New, No. 3
Ditto New, No. 4....... ...... 2% —. ...... to
Southampton, 'Macchester,
and Oxford Junction.
St. Alban s, Hatfield, and
Hertford Junction
Staines and Richmond........ 1
Staffordshire and Shropshire 2% — to
South Wales
Taw Vale Extension
Tean and Dove Valley l% ll4 to
Trent Va11ey..... ............ .. 5
Trent Val. & Holyhead June. 2,N — ...... to
Tring, Reading, & Basingstoke 54 — to
Ulverstone and Furness ...... 2%......
Vale of Neath
Warwick and Cheltenham ... 1% — to
Warwick and Worcester 42s. .. ... to
Waterford and Kilkenny
Waterford and Limerick 7l/2— .. to
Waterford, Wexford, Wicklw,
and Dublin
Waterford, Wexford, and
Valentia
Waveney Valley
Welch Midland 214 ...... 290%... to
West Cornwall
West Yorkshire
West London, Old Shares '... 20
West End & South. Counties 1% — to
Wexford and Carlow
Wisbeach and St. Ives ... 2
Wilts, Somerset, & Sthamptn 1k... ..
Wilts,Somerset,&Weymouth 2%......
Worcester, Hereford, Ross,
and Gloucester ... 425.
Worcester,Tinbury,!& Ludlow 234 to
Worcester and South Wales.. 425. —
Worcester,Warwick,& Rugby 425. —
Yarmouth and Norwich ...... 20
Ditto, New...
York and Carlisle
York and Lancaster 2% to
York and North Midland .. 50
Ditto, Half Shares
Ditto, Scarboro' Branch
Ditto, Selby 3l
__. . _

Ditto. Extension

FOREIGN RAILWAYS.
Anglo-Belgian
Barbadses
Boulogne and Amiens lO ...... 12
Bordeaux and Mediteranean 2
Bordeaux, Toulouse, & Cette
( Mackenzie's)
Bordeaux. Toulouse, & Cette
( Espelete's)
Calais, Dunk, & W. Flanders
Callao, Lima, & Pacific Coast 1 ...
Central of Spain ..
Ceylon
Demerara.
Dendre Valley
Dijon and Mulhouse
Dutch Rhenish ... b
East Indian

Eastern Belgian Junction.... 2% .. ..
Fampoux and Hazebrouk..... 2
Great Northern of France
Constituted
Great Indian Peninsular 55....... 1/2 to
Great Paris and Lyons
Great Western Bengal ss.
Great Western Canada
Jamaica S. Midland Junction 1
Jamaica North Midland 1 -
Ditto Extension
Jersey 1
to
Louvain and Jeineppe ...... ... 4
Lyons and Avignon
Luxembourg
Madrid and Valentia
Mauritius .. 1
NamKr and Liege... .. .
North Jamaica... .... . . ..... • 1
••••••
Orleans and Vierzon
Orleans and Bordeaux ... .. 6 ...... ...., to
Over Yssel 4138 4d.... - -
Paris and Lyons(Laifitte) ... 2 ......
Paris and Lyons(Ganneron's) 3 ... ,
Paris and Lyons (Calon's)... 2 • •••
Paris and Lyons (Sud Est)... 2
20
Paris and Orleans .. ... to
Paris and Rouen ..
Paris & Strasburg( Gann ern's) 2
...
.. to
Do. (Compe de L'Est) 2
to
Ditto (Aymards) 21%
Paris and St. Quentin ...... ... 2
Rouen and Havre
Royal North of Spain
..... •
to
Sambre and Meuse
Strasburg and Bale l4
St. Laurence and Atlantic —
Tournay, Jurbise, Landen,
and Hasselt
Tours & Nantes (Mackenzie) 4
Ditto Ditto Lefebvre's)... 2 .. ... -
Do. (o'.Neilf s) ...... ..... ... 2 -
Trinidad.. ........ ......... ..... 2%
Verona and Ancona
West Flanders
MINES.
Real del Monte, Unregistered -

MAXFIELD (THE NORTH STAR) V. TIME FOR 1001.
—Maxfield is matched to run eleven miles within the
hour, on Sunbury Common, on the 13th of April next.
Twenty pounds is posted, to be made 100/. on the part
of the backer of time, and 80L on the part of Maxfield.
The " North Star" has also a match in progress with
Barlow (alias Tallick), of Bolton, whose pedestrian per-
formances in America has raised his fame. This latter
is for 751. a-side, and to come off over Doncaster race-
course, distance four miles, on the 30th March. Max-
field h s already been once defeated by Barlow, over the
same course and distance ; but was, in his turn, beaten
on the last day of 1845, in a ten mile race, by Manks
(the Warwickshire antelope).
E. WILD AND RAWLINGS.—These men are matched
to run one mile, on the 20th inst., for 101. a-side.
SECESSION FROM THE Cnuncu.—The Rev. Spen-
cer Northcote, M.A., late Scholar of Corpus Christi
College has been received into the Roman Catholic
Church at Prior Park. Mr. Northcote obtained the
highest classical honours at Oxford.—Post.
PORTSMOUTH.—It is reported that the hundred
Senior Captains of the navy have been promoted to the rank
of Rear-Admiral, thus embracing those of 1808 down to
those of 1813, as far as Sir Watkin Pell, inclusive. It is
also stated that the following alteration has been made in
the naval uniform, viz.—Captains to wear the star, crown,
and anchor; Commanders, crown and anchor; and Lieu-
tenants, the anchor, on their epaulettes; and all officers
of wardroom rank, to wear two epaulettes.—Hampshire
Telegraph.
By the demise of Earl Granville the families of the
Duk •of Devonshire, the Earl of Burlington, the Earl
and Cloant;cl, .
ntess of Carlisle, the Duke and Duchess of
Hon. W. S. and Lady Caroline Lascelles,
Suther
Hon. Colonel Thlvendish, Hon. E. and Mrs. Howard,
are placed in mourns