The Sun.
London, England, 1846-11-25 00:00:00

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death-warrant of the Association. Of this there
cannot be the slightest doubt in any rational mind.
We rejoice, therefore, that Mr. O'CONNELL will not
" adopt the crude schemes and blustering violence of

Europe which can alone guarantee its tranquillity
we are struggling to prevent the retrogression of the
continental principalities to the days of their old sub-
jection ; we are struggling in the cause of
freedom, and for the spread of liberal jurisdiction.
By an imperial decree, signed by FERDINAND and
counter-signed by the High Chancellor, FRANCOIS
Baron DE I'ILLERSDORFF, the villanous spoliation of
Cracow and its dependencies is officially announced.
After a preamble commenting upon the insurrec-
tionary movement of February last, and insinuating
that it was in some measure associated with " the
tranquil inhabitants of the city of Cracow," his Im-
perial, Royal, and Apostolic Majesty has the coin-
summate coolness to say, " WHEREFORE we take
possession of the said city and territory of Cracow !"
Never were the solemn stipulations of a treaty con-
cluded between eight such nations as England, France,
Austria, Russia, Prussia, Spain, Sweden, and Por-
tugal, broken with such insolent and contemptuous
audacity. Never since the appearance of the puissant
adventurer, RODOLPII of Hapsburg—not even in the
monster perfidy of 1772, 1793, and 1795—has the
Austrian power been so basely exerted, and exerted,
moreover, with such an air of unkingly braggadocio,
It is certain, however, that the despotic Govern-
ments of the north would never have dared to per-
petrate a political crime of such magnitude had not
a most seductive opportunity just now presented
itself. That deplorable opportunity, to which alone
this annexation of Cracow is attributable,
has originated exclusively from the avarice and
faithlessness of our Gallic neighbour. By the Mont-
pensier marriage—a marriage solemnized in defiance
of the sacred engagements of PHILIP of Orleans
and in opposition to the reiterated protests of the
English Government—Louis PuirarrE has entailed
upon Europe a lengthened catalogue of sufferings and
difficulties. For his own family aggrandisement, for
the lawless extension of his dynastic influence,
for the emolument and elevation of his own children,
that illustrious but misguided SOVEREIGN has set an
example of political perfidy which other Governments
have not been slow to imitate. If Austria and her
accomplices, Russia and Prussia, have violated the
Treaty of Vienna, France had already torn that of
Utrecht to ribbons. If FERDINAND has aimed at his
I own aggrandisement, and in doing so has derided the
indignation of other states, LOUIS PHILIPPE has
done in like manner, notwithstanding the avowed dis-
pleasure of a friendly people. If the Emperor of
AUSTRIA and King of HUNGARY and BOHEMIA has
obliged the "tranquil inhabitants" of Cracow to pay
homage to his representative, Count MAURICE DE
DRYME, the King of the FRENCH and of the Barricades,
had long before harnessed the unoffending population
of Spain to the bridal chariot of the Due de MON T.,.
PENSIER, and had virtually appointed the Count DE
BRssoN as his viceroy in the Peninsula. France may
protest against the infamous annexation of Cracow,
but the Austrians may contumeliously throw that
protestation back in her teeth. France may com-
plain of the infraction of the compact of 1815, but
the Northern Powers may point derisively to her
own infraction of the compact of 1713. France may
utter a remonstrance, but that remonstrance will be
necessarily feeble from the very consciousness of her
own culpability. She cannot co-operate at this im-
portant crisis with Great Britain ; the entente cor-
diale is broken, the friendship of the two great na-
tions is interrupted, the hope of their immediate and
permanent alliance does not exist.
Notwithstanding these remarkable and unfortunate
obstacles, protests must be forwarded to St. Peters-
burgh, to Vienna, and to Berlin—humanity calls for
these protests, civilisation calls for them, freedom and
the people are vociferous in the demand. Unless
some signal example be made, the violation of treaties
will be an everyday occurrence, the domination of
physical strength over moral rights will become the
pre dominant principle in European legislation, the
boundaries of nations will depend upon the capricious
dictates of avarice or ambition. Unless some start-
ling step be taken, unless some portentous attitude
be assumed, unless England and her colleagues are
unanimous in upholding the liberal institution
of their brother man, the prerogatives and
immunities hitherto sustained in this hemi-
sphere will be shaken to their founda-
ti'ans, the baleful effects of tyranny and feudalism
will be again experienced, the talisman which has
h eretofore secured us peace will be broken in twain.
'L'he neutrality of Belgium is implicated in the
d espised neutrality of Cracow; the integrity of the
Grerman constitutions is implicated in the derided
integrity of the Cracovian republic. From
the Austrian seizure of that luckless city, the Northern
Powers may, by a natural sequence of events, proceed
to the Russian seizure of Constantinople. The
Western empires must bestir themselves ; they must
maintain the cause of liberality from which they have
derived such incalculable blessings, and repulse the
despotic advances of the Prussian, the Austrian, and
the Russian.
Our interference at this moment will be no Quix-
otic enterprise in behalf of some half-dozen Polish
burgomasters. In protesting against the execrable
spoliation of the Cracovian republic, we shall be advo-
cating the cause of the helpless oppressed—we
shall be insisting upon the obedience of nations
to the articles of a treaty—we shall be
insuring the continuance of the balance of
power in Europe—we shall be cherishing the
germs of regeneration in future days and among
distant people. The three great dynasties of the
North are excavating the ground beneath their feet.
Letthem tarry in their wholesale aggressions. Europe
warns them from the West. By such heinous in-
fringements upon the political rights of the times, and
such monstrous proceedings as this annexation of
Cracow, the kingdom they had dismembered years
ago, may be evoked from its ashes, and the wrongs of
Poland may call upon their perpetrators a terrible
vengeance.

men who, as yet at least, have achieved no victory,
and cannot point out any conquest."

By the latest intelligence, the state of Ireland ge-
nerally continues to be progressing as favourably as
we could reasonably expect. The price of food has
undergone a further reduction, and importations on
an extended scale are daily taking place. Labour for
the poor is now more easily secured ; fair wages are
gained, and a spirit of contentment is rapidly diffus-
ing itself among the labouring classes. The accounts
from Cork are most cheerful. Drainage is being
carried on in the districts of that county, under the
auspices of public officers, with the greatest vigour,
and with every promise of ultimate and abun-
dant recompense. Whilst, however, this improvement is
manifesting itself amongst those whose severe priva-
tions required prompt relief, and without which public
tranquillity would have been seriously compromised,
the small landlords are growing uneasy at the ex-
penditure incurred in the prosecution of works which
are not of the most useful or remunerative character.
They seem to forget that it was the first duty of the
Government to see that the people were not left to
starve, and also that by themselves, from the sudden-
ness and extent of the national calamity, and their
want of capital, little or Rothirg could be effected
with sufficient alacrity to mitigate the suffer-
ings of the famishing poor. A vast debt of
gratitude is owing to the Government
for having hitherto preserved the public peace, by
furnishing food and employment for the thousands
upon thousands who were suddenly reduced to the
brink of despair. Had this not been done, no man's
property would have been safe. Landlords can now
turn their attention with greater advantage as to the
best means by which, either by a well-extended
scheme of voluntary relief, or by a judicious and co-
operative prosecution of reproductive undertakings,
they can diminish the hitherto large, but forced ex-
penditure, under the authority of the Board of
Public Works. This could not have been done
before. The danger of a general outbreak
was imminent, and not a moment was to
be lost. Undoubtedly, the proviso of Mr. LABOU-
CHERE, requiring unanimity in the different landed
proprietors, where money was desired to be appropri-
ated to productive operations, has grievously ham-
pered the intelligent, politic, and benevolent inten-
tions of a large number of extensive owners of land.
The evil tendency of this and other regulations has
been clearly unfolded in the memorial addressed to
the Lord-Lieutenant by the Agricultural Society.
The following extract is worthy of notice :
"To obviate these difficulties, and to carry out the
principle which your Excellency has so wisely recog-
nised, viz., that the amount of taxation necessary to
meet the present emergency shall be expended upon re-
productive works, your memorialists respectfully submit
that each proprietor, or combination of two or more
proprietors, who may be willing to charge their propor-
tion of the rate for employing the poor, upon any parti-
cular land to be improved thereby, shall be entitled to
have it expended on such land, and be relieved to that ex-
tent from the payment of rate; and that the works so to
be undertaken need not be confined to drainage or sub-
soiling, but may include works of a reproductive nature,
suited to the wants of the locality for which they are
proposed, provided oply that such works meet with the
approbation of the Board of Public Works."
The suggestion herein made is based on a fair prin-
ciple, and we dare say will be favourably entertained
by the Executive. It puts the saddle upon the right
horse. Those who have been absent, and neglected
their tenantry, will indirectly be made to feel that they
cannot continue such neglect with impunity. The resi-
dent frugal and painstaking landlord will not, upon the
principle recommended, be unjustly mulcted for the
improvidence and supineness of his neighbouring
proprietor. All these things will quickly find their
proper level. The marvel is that the social condition
of Ireland has not been more out of joint.

S
Richard Bentley, No
To be had als

Now ro.dy, In 3 vols., post Bvo.,
THE ROMANCE OF WAR;
Or, THE HIGHLANDERS IN SPAIN.
By JAMES GRANT, Esq., late 62d Regiment.
In the garb of old Gaul, with the fire of old Rome,
From the heath-covered mountains of Scotia we come ;
Our loud-sounding pipe breathes the true martial strain,
And our hearts still the old Scottish valour retain. "—Erskine.
Ilenry Colburn, Publisher, 13, Great Marlborough-street.

RAILWAY SHARES BY PUBLIC SALE.
MESSRS. LAMOND and Co., RAILWAY.
SHARE AUCTIONEERS, beg to thank their Friends
and the Public for their continued support and pstroßage, and
to announce that their Public Sales of Railway Shares, &c.,
take place every TuzsDAY and FRIDAY, at One o'clock, at the
[fall of Commerce, Threadneedle-street, London, to which place,
favouve, containing instructions (with a reference), are respectfully
requested to be addressed.
All Scrip and Share Ccrtilleates must be deposited, the clay
previous to their being offered ; Etna advices of results will be
forwarded by the first post after the sale, and the proceeds laime-
liately disposed of according to instructions.
Offices, Hall of Commerce. Threadneedle-street, London.

TREATRE ROYAL, DRURY-LANE.
THIS EVENING
Will be performed Balfe'a celebrated Opera, entitled THE MAID
OF ARTOIS. Marquis de Chateau Vieux, Mr. Borrani; Jules de
Mentagnoti, Mr. W. Harrison ; Sans Regret, Mr. Burdini ; Synnelet,
Mr. Weiss ; Ninka, Miss Isaacs; Isoline, Madame Anna Bishop.
After which the new Ballet, entitled THE OFFSPRING OF
FLOWERS. In which Messrs. Howell, Bretin, Theodore, Mdlle.
Fabbri, Madame Theodore, and Mdlle. Adele will perform.
To conclude with the first act of the Ballet of THE DEVIL TO
PAY. In which will appear Mons. Bretin, Mr. W. H. Payne,
Mons. Theodore,"Mr. Howell, &c. ; Mdlle. Fabbri, Mdlle. Louise,
Madame Theodore, &c.

We extract the following from a Berlin letter dated
Nov. 10 :

" The news of the occupation of Cracow, which has
been circulated in this city, has produced the liveliest
sensation throughout the entire population, and espe-
cially among the middle classes. It is said that the
Government, in order to mollify the effect of this act,
proposes calling together the States General in the
month of February, but it is not yet known whether that
is to be at Berlin or at Brandenburg. It is the first
time of the States being convoked, and it is expected
that when 500 representatives shall be assembled toge-
ther, they will not separate without giving the country a
constitution.'

The King of DENMARK has just published an edict
relative to the liberty of trade with China. This do-
cument declares that the exclusive privilege which
the Danish Asiatic Company has enjoyed from the
Danish Government since March 21, 1792, and which
was renewed on January 29, 1822, having expired,
such trade is at present free. The KING received
large sums annually from the persons to whom this
privilege was granted.

Madrid papers of the .17th have arrived. They
contain no intelligence of interest.
MADRID BoLsA, Nov. 17.—The Three per Cents.,
34 for cash ; the Four per Cents., 201 ; Five per
Cents. at 54 paper ; Coupons, 19i ; Passive, 64 ;
Exchange on London, 36} cash.

Mr. O'CONNELL is unbending in his resolution to
keep aloof from Young Ireland. He leaves them
without a loophole. No reunion between the dis-
sentient forces can take place, short of an absolute
renunciation on the part of Young Ireland of their
" physical force" principle. From a letter, written
by Dr. BLAKE, the Bishop of Dromore, and read the
day before yesterday at the meeting of the Repeal
Association, it is evident that many of the tried
and devoted admirers of Mr. O'CONNELL are anxious
that the seceders should be rendered sensible of the
erroneous policy they are pursuing, and return
to Conciliation Hall. Disunion is always a
source of weakness. But, we conceive that,
as there is no rule without an excep-
tion, so the Repeal Association has been considerably
strengthened by the severance of Mr. SMITH O'BRIEN
and his coadjutors, This strength has been derived,
first, from the excellence of the principle of moral
force as distinguished from the detestable doctrine
propounded by the recusant party, and, next, from
the insignificant number of those who have repudi-
ated the peaceful policy of the Liberator. Again, it
was formerly frequently urged against Mr. O'CoN-
NELL that he was not sincere in his advocacy of pur-
suing his various public objects by legal
and constitutional means alone. The proceedings
of the disaffected portion of the repealers
have affiarded Mr. O'CONNELL an opportunity of de-
monstrating how unswerving is his fidelity to the
principle of peace. By the bold stand he made on
this point, and at a moment, too, when it was un-
certain how far the reckless policy of Young Ireland
might Lhave been expanded, and at a crisis, more-
over, when, by reason of the feeling of almost
absolute despair that pervaded the minds of an
excitable people, menaced with the horrors of
famine, the slightest leanings by the Liberator
towards the physical force doctrine, might have
engulphed all Ireland in the vortex of civil re-
bellion—by the bold part which Mr. O'CONNELL
has thus assumed from the first, and still
firmly presents, he has rivetted his claims
upon the confidence of millions of his countrymen,
by whom all his efforts for political amelioration have
for years been ardently seconded.
On Monday Mr. O'CONNELL read his long
and able report upon the resolutions published
in Cork, which called upon the Association
to alter the terms of its resolutions of the
13th of July last, by which the doors of Con-
ciliation Hall were closed against the adherents of
physical force. The report was received with accla-
mation. It sets forth that the slightest concession to
the seceders would be tantamount to signing the

THE SUN, _LONDON, WEDNESDAY EVENING, NOVEMBER 25, 1846.

in Austrian Galicia. She must know, besides, that the
annihilation of Poland throws down the first barrier
between Russia and the West, and that whenever the
torrent breaks its bounds Prussia would be the first suf-
ferer. The common hatred, however, of the three
Governments against our revolution has decided them in
taking the resolution they have adopted.
" This state of things, properly understood, will of it-
self explain the utility and possible grandeur of the
alliance between France and England. We are aware.
however, of the difficulties which stand in the way of
such an alliance. We know that ten years of faults have
obscured this question, so clear, however, since 1830. In
1836 the alliance was broken from a fear of executing
the most politic of interventions,. ; in 1839 it was broken
by making ourselves ultra-Egyptians, which, however,
would have been comprehensible if we had gone on to
the end. England has passed successively from friend-
ship to distrust, and from distrust to hostility. It was
attempted,lindeed, in 1840, to bring together abruptly
the two separated nations ; but in France, since, their
pleasure seems to have been taken in exciting lively
susceptibilities. Nothing, in fact, rendered necessary
the signing of the treaty of the right of visit—a
treaty more than useless—or the ridiculous conquest
of the barren rocks of the Marquesas. More than
four years have been taken up with the passionate de-
bates caused on both sides of the channel by these
subjects. These gratuitous faults have rendered the
alliance difficult and rather unpopular in both countries;
but they do not prevent their good intelligence from be-
coming, in the present state of the world, the true
guarantee of peace and liberty. It is objected that the
two nations are rivals at sea. This point cannot be
contested. But a grand rivalry does not prevent alli-
ances. It will not be denied that France and Austria
were rivals on the Continent in the last century, and
yet France was allied with Austria. It is to the free-
dom of action which this alliance gave that we must
attribute the fine war which France was able to carry
on in America against England, Besides, we must see
whether in the mode of appreciating this rivalry the
souvenir of the past does not play a more extensive
part than the study of the present. If, indeed, the
question were now, as formerly, a struggle fur the
possession of India, without doubt the interests of
the two countries would be irreconcilable ; but the
question of India is solved, and our greatest colo-
nial interests are now in Africa, the prosperity of
which is to be best assured by a long peace with
England. The two nations having made the reasonable
concession, one of India, the other of Africa, their
maritime rivalry is, for the present at least, more ap-
parent than real, Now is there anybody in France who
has ai idea of sending out squadrons and an army to
attempt the conquest of British India ? Is there, on
the other hand, an intelligent Englishman who does not
comprehend that Algeria, where the presence of 50,000
men in times of calm, and of 100,000 in disturbed times
is necessary, can only be possessed, colonised, and de-
fended by the interest of the continental powers in men
and money ? If a conflict were to take place between
France and England, we world strike the most terrible
blows at English commerce, and England could gravely
compromise our possession of Africa ; but what true
profit would either France or England derive from such
a war ? In the present state of things the two countries
could do each other great injury, without either being
able to take from the other anything that it has great in-
terest in acquiring. On the contrary, let us turn our eyes
to the Continent. There the interests of the two nations,
which in the time of the Empire were divided, arc
now nearly identical. Both have an equal interest in the
maintenance of distinct nationalities, the independence
of nations, and the equilibrium of Governments. It is
no longer France that menaces the independence of the
Continent; our Government is, unfortunately, very far
from those days of grandeur; the menace comes from
another point. The treaties of Vienna, which were
drawn up against us, have just been scandalously torn
up, to the profit of the absolute powers. England is
particularly anxious for the equilibrium of Europe;
France is, above all, attached to the cause of liberty.
The peril is now equal for liberty and for the equilibrium
of Europe. Justice and the common interest of France
and England require that the nationality of Poland
should subsist, that the free towns should be respected,
that the German constitutions should not be illusory,
that neutralities should not be violated, that Belgium
should remain free and neutral, that Switzerland
should throw off the ultramontane yoke, and
be no longer in hourly dread of intervention,
and that Italy should not be slowly conquered
by oppression. All these secondary nations which sur-
round and separate the great Powers are the allies of
liberty for France, and the guarantees of the peace of
the continent for England. When the absolute Sove-
reigns coalesce against the west, England sees Europe
leaning on one side ; when a nation falls, when a liberty
perishes, it is a battle lost for France. The interests of
the two nations become equally mixed up when the
inland seas of Europe are in question. The free pas-
sage of the Sound and of the Dardanelles, which com-
mand the navigation of the North and Mediterranean
Seas, equally interest France and England. When it is
necessary to protect Constantinople against a slow but
inflexible ambition, and to prevent one day a sudden
notification being given to the two Governments of some
fresh act of usurpation towards the east, the rivality is
not between France and England. A good under-
standing is not therefore, impossible between the two
countries, although it has its difficulties. It might be
glorious; both have to struggle against the aggressions
of the absolute powers. Are there not, moreover, be-
tween France and England other points of contact besides
interests ? The two nations are united by a community
of principles. Both have established, as the basis of
their social state, that there is in the world another right
besides the divine right to which dynasties pretend.
They have given this example to every nation, and
henceforth render more easy the enfranchisement of
Europe ; it may be said that they have paid by two
revolutions for the liberty of nations. We have en-
tered after England on this road, but we advance more
quickly, and we abridge, so to speak, her history. Is it
not a noble task to defend by a common accord the
cause of liberty and civilisation ? Generous sentiments
have a great influence on the resolutions of the two
people. The nationality of Poland certainly is not
less worthy of inspiring elevated minds than the eman-
cipation of negroes. When one nation dies under
the restraint of a coalition of absolute Kings, every free
and proud people ought to feel struck to the heart. If
France and England had not been divided, it is certain
that their good understanding would have paralysed the
projects of the absolute courts. It is evident that the
common will of the two most powerful nations of Europe,
supported by treaties, and seconded by the burst of pub-
lic opinion, would have been invincible. It is now very
difficult to come back upon un fait accompli ; besides, the
misunderstanding of the two Governments appears to
subsist, and their protests appear to remain isolated. We,
nevertheless, hope that, laying aside their misunder-
standings and their quarrels, the two nations will unite
to produce from their alliance something grand and use-
ful which may efface all resentment and all objections.
France ought not to forget that each of her conflicts
with England gives fresh chances to counter-revolution;
England should not forget that each of her ruptures with
France makes Russia advance a step nearer towards
Constantinople."
The Commerce also recommends the formation of
a strict and honourable alliance with England—not a
renewal of the entente cordiale of the Ministry of the
29th of October; but, it adds, that such an alliance
cannot be constructed by the present Ministry. The
article thus concludes :
" Let a Cabinet more firm, more liberal, more jealous
of our supremacy, succeed the present Ministry, and
France will prove that, without infeodating herself to
any other power, rival or friendly, without causing a de-
plorable isolation to succeed an entente cordiale, rendered
unnatural by those who had made a yoke of it, she will
know how to choose between the two extreme points,
solid, fruitful, and above all, honourable alliances. For
our part we ask for nothing better than such an alliance
with England. There is between her and France a com-
munity of principles. As to interests, they are sometimes
at variance; but would not this be the case on other points
—with Russia, for instance, which is under a political re-
gime completely hostile to the ideas of which France makes
the glory of her flag. We must not despair of seeing
one day at the head of our Government men who will
know how, with energetic perseverance and a true
knowledge of affairs, to regulate between England and
us the thorny question of material interests. The field
is sufficiently wide for a line of demarcation to leave a
large and fine part for each nation, and furnish a suffi-
cient vent for their expansive force without collision,
without any of those conflicts which have hitherto had
for object to revive, keep up, and develop the prejudices
and national hatreds which are no longer the spirit of
the age. This is how we comprehend alliances in ge-
neral, and that with England in particular. It is for
having misunderstood and still misunderstanding these
high necessities that the present Cabinet has made the
entente cordiale a scourge for France; and we are sure
that with it all new friendship, all international relations,
having for basis the same system, the same causes, will
produce the same results."
The Presse, the organ of Russia, still advocates
the Russian alliance, and it is plain would willingly
sacrifice, not only the nationality of Poland, but the
freedom of action of France herself, for the honour
of being " acceptable to Russia."
The Bey of Tunis, ARMED PACIIA, arrived on
Sunday in Paris, at one o'clock, by a special train of
the Orleans Railway. He was received at the sta-
tion by M. DESGRANGES, First Secretary, Inter-
preter to the King of the FRENCH, and by Colonel
THIERRY, Aide-de-camp to the Due Da MONTPEN-
SIER, who are charged to attend the BEY during his
sojourn in Paris. Six of the royal carriages were in
attendance, to carry the BEY and his suite to the
Palace of the Elysee Bourbon, where apartments
were prepared for their reception. Throughout his
route from Toulon to Paris the BEY has been re-
ceived by the French authorities as a sovereign.
The /l/wiiteur publishes a royal ordonnance, sepa-
rating the administration and military command of
Goree from that of St. Louis, thus erecting Goree
into a separate colony.
COURS AUTIIENTIQUE.—PARIS, Nov. 23.—French Five per
Cents., 116 f. 50e. 60c. 75c. 80c. 90c. 117 f. ; Three per Cents.,
81f, 45e. 50e. 55c. ; Bank of France Shares, ' res 3 460 E- Nea-
politTi (Rothchild's) Detinitives, 102 f.; Romans, 99%
Belgian Five Per Cents., 1840, 991,4. ; Ditto, 1842, 1.019 f.
Exchange on London—One month, paper, 25f. 45c. ; money,
2.4. 45c. ; three months, paper, 28f. 35c. • money, 25f. 32ie.
BUSINESS DONE IN FOREIGN RAILWASS AT THE

LONDON STOCK EXCHANGE,NovE;thiR 24.

Boulogne and Amiens, 13%—Dutch Rhenish, 41 East
Indian, %—Jamaica South Midland Junction, 1%—Luxem-
bourg,%—Namur and Liege, 3%—Northern of France Con-

stituted, 10%—Orleans and Vierzon, 12%--Oriesis and
Bordeaux, 7V2—Rouen . and llavre, 251/2—Satabre and
Meuse, 4%.

MONEY and CITY NEWS.
CITY, QUARTER TO THREE.
The Cotton Market at Liverpool yesterday was
steady. Sales 2,500 bales, including 2,000 bales
American at sd. to 64d. ; 100 Bahia at 7d. ; 200 Egyp-
tian at Bd. to Sid. ; 200 Surat at 34d. to 44d., and 20
Sea Island at 20d, per lb. Shares exhibited some im-
provement.
The sale of railway shares, yesterday, at Messrs.
Lamond and Co.'s, was well attended, and a large num-
ber of shares sold. Prices about the same as last sale.
The following are a few of the principal sales :
Leicester and Bedford XII 16 0
Oxford, Witney, and Cheltenham 0 10 0
London and Manchester (Remington's) 0 10 0
Northern and Southern Connecting
London and York ... 2 2 0
Leicester and Birmingham
Direct Northern (scrip) 1 19 0
Armagh, Coleraine, and Portrush
Grand Union
Shropshire Union and Canal
Boston,Stamford,andßirmingham 1 5 6
Great Luxembourg
Churnet and Blythe ..
London and Brighton, Eighths
York and Carlisle ...
Cornwall and Devon Central
East Lincolnshire
Welsh Midland
Shrewsbury and Herefordshire
There are no ship arrivals with late intelligence from
abroad, although the number of vessels which have come
in, richly laden with produce from nearly all parts, is
very large.
The committee of Spanish American Bondholders have
expressed their entire concurrence in the course adopted
by Messrs. Schneider and Co., as appears in a letter
which will be found in another column.
In the English Stock Market there has been a mode-
rate business doing, and the general tone is firm spun.
The investments made by the Commissioners of Savings
Banks, &c,, have a good effect, and it is now deemed
more than ever probable that a better understanding
will prevail between France and England. Consols are
94i H for present transfer and the settling day. Bank
Stock has been marked 255 to 256, and India Stock
256 to 2574. The New Three-and a-Quarter per Cents.
are 954 Exchequer-bills are barely so high, being Bs.
to 12s. premium.
The Foreign Securities have been flat in price, but
there is not much doing. Spanish Five per Cents. are
25i, and the Three pr Cents. 37. Portuguese Four
per Cents. realise 36i.. Mexican Bonds are 214. These
are all about previous rates. Dutch Two-and-a-Half
per Cents. have been quoted 594. French Five per Cents.
have been marked 117, with the exchange at 25.70.
Shares have not alternated to any extent, but there is
a quiet business doing, and generally at fully previous
rates.

CLOSII,r; G
rmeEs.
205
9312
343,4
95%8
9 15-16
257

oism
PRICES OF BRITISH FUNDS. O'CLOCK.
Bank Stock
3 per Cent. Reduced Aims 9314 %
3 per Cent. Consols Annuities 943/4 YR
New 34 per Cent. Annuities 95%1)4
Long Annuities to expire J an. 1860
India Stock 256 2571 V
India Bonds, 1,0001
Ditto under 1,0001. .. ......
South Sea Stock
Ditto New Annuities ..
Consols for Account 94%3/4 943/4
Exchequer Bills, 10001. 1%d.... 12 8 —— p 8 p
Ditto, 5001
Ditto, Small
CLOSING
nucEs

ONE
PRICES OF FOREIGN FUNDS. O'CLOCK
Brazilian Bonds

Ditto, New, 1829 and 1839 —
Mexican, 5 per Cent. 1846
Ditto, Account . 2l'j
Peruvian Bonds, 6 per Cents
Portuguese 5 per Cents. 853/
Ditto, 4 per Cent 361/z
Spanish 5 per Cent. 1840.
Do., 1838-40, div. frm. May, '4l
Do 18-14
Do 1845
Do 15.46
Ditto, Passive
Ditto, Deferred
Ditto. 3 per Cent 37
Venezuela Bonds, 2 per Cent —
Dividends on the above payable in London.
French, 5 per Cent ll7f. —c. 117 f. —c.
Exchange 2sf. 70c. 25f. 70c.
Dutch, 2,,4 per Cent .
Ditto, 4 per Cent. Certificates 9.1.3/ 91*1

PRICES OP BUSINESS DONE CLOSING
nITLWAY SHARES PAID. AT ONE O'CLOCK. PRICES.
Aberdeen
Amber., Nott., Boston,
and Eastern Junction 2 %...... 2%3/4
Armagh, Coleraine, and
Portrush
Belfast & County Down 43/4
Birmingham and Dudley 42i. ... —
Bix min. and Gltucester..loo
Ditto New 17% — ....
Birmingham and Ox-
ford Junction
Birkenhead, Lancashire,
and Cheshire June.... 23A —
Boston, Stamfd, & Birm. 225. —
Bristol and Exeter 75
Ditto, New
Bristol and Gloucester... 30 ..„..
Bristol and Liver. June.. 2% ...... • —
Buckinghamshire
Caledonian
Ditto Half Shares...... 2% 2%... ...... ..... 21
Cambrian & Grand Jane 42s
Chester and Holyhead... 27% —
Chumet and Blythe 2
Chester and Manchester 425. —
Cheltezham and Oxford '2
Clydesdale Junction..... 20
Cork, Blackrock, and
Passages
Cork and Killarney ... 2%
Cork and Waterford ... 1% —
Crnwall
Ditto, Half Shares ... 2% ......
Cornwall & Cent'l Devon 2%
Direct Lincoln, East Ret-
ford, and Sheffd. June. 2% —
Direct Northern
Direct Norwich
Dublin and BelfastJunc. 12% — .
Dublin, Belfast, and
Coleraine
Dublin. and Galway..... 4
Dundalk & Enniskillen 10
EastemCounties 141. 16s. 22% 23
Ditto New
Ditto Perpetual, 5 per
Cent, No. 1....... 61.135. 4d...
Ditto ditto, No. 2 61. 13s. 4d... % p...
Do., York Extension.. 2 ...... 3%3/4
EastDereh'm an dNor'ch 1
Eastern Union 35 .. ... 51%.... ......... .
Ditto, Quarter Shares 8% 12%
Do. Exten.(llarwich) 11/8 — ......... .....
Do., Camb. and Ely.. 2% . .•
East Lancashire
Ditto, New

Do., do. (late Preston
and Ormskirk)... 2l/2 ..... ...
East Lincolnshire
East & West of England 1A
Edinburgh and Glasgow 50 .....•
Ditto Half Shares ... 10
Ditto, Quarter Shares 121 A
Edinburgh & Northern.. 121 h lsys ••• 151/8
Edinburgh and Perth... 3 ......
Ely and Huntingdon ... 121,
Enniskillen and Sligo ... 21/2 —
Exeter,Yeovil, & Dorset 5%
Glasgow, Kilmar.,& Ayr 50 ......
' Ditto New .. 15
Do., VI Shares (5 per
cent. guar.) ... ...... 121/..,...
Glouc.,Abetystwith, and
Central of Wales 1%.....
Goole, Doncaster, &c. .. 425.
% p.. ...... ...
Grand Union (Notting-
and Lynn l% ,
Great Eastern &Western 2 %......
GreatGrimsby and Shef- ........ .•• 64.
field ...... 10
Great South. and West.

(Ireland)
Great Munster 2%
Great North of Scotland 2%......
Great North of England..loo
Ditto New 5 -
Ditto, New .
Ditto, New
Great Western B5 126 130 128 126
Ditto % Shares
Ditto 14 Shares
Ditto Fifths
Ditto, New ... 2
Huddersfield & blanches. 13 ...... 18/4 lBl%
Ditto, Extension 3
Hull ano:Selby
Ditto 14 Shares
Do. Half Shares 25
Ipswich & Bury St. Edm. 11%...... 12% , 12
Do., do., and Norwich 2%...... 2%3/4 23/
Lancaster and Carlis1e... 50
Do. New
Leeds and Bradford
Leeds and Carlisle
Leicester & Birmingham 225. — ... ....... -.-
Leicester and Bedford 225.......
Lrieds, Dewsbury, &c.... 22% 35 .
Do., Branch (Blue) ... 2% lO
Do. Extension( Green) 2..... 4% •
Leeds and Thirsk 17%...-
Ditto, New 5 —
Lpool., Mnchstr &New-
castle Junction
Liverpool and Bury ... 24 .. ...
London and Blackwall. 161. 13s. 4d. 8%
Do. New
Ditto Extension .. 7 % ...... ..
London, Brighton, and
South Coast
Ditto, Fifths
Do. Guarant. 5 per ct 9
London and Greenwich 12115 s 4d —
Do. Preference ...18/17s 2d —
London, Hounslow, and
Western - . ••• ..... ••••
London and N. Westernloo 192 193............
Do. Quarters
Do., do., New Shares.. 2
Ditto Fifths
Ditto, Eighths (G. J.) 12% — .
Do., New 14 Shares
(G. Jr)
Do 40/. Shares (L. M.) 8 —
Lon(4. & S.Westerti 411 6. 10d 6•)%
De. New ConsoL Sills 40
Do.ING*
Do. New
...ondon and York 2% — . . ....... .....
Do. 1/2 Shares
London arid Windsor . 1;•,... •
London, Salisbury, and
Yeovil
Londonderry& Coleraine 15 -. ...•••• ........

1911 A
221/i