The Sun.
London, England, 1846-06-22 00:00:00

THE NEW POPE.

The French Government received on Saturday a
telegraphic dispatch from Marseilles, announcing
that Cardinal Ferreti, Bishop of Imola, had been pro-
claimed by the Conclave successor to Gregory X VI.
The new Pope was born in 1792.

SCHOLASTIC REFORM.—On Saturday, a preliminary,
meeting of about forty schoolmasters was held at the Free-
masons Tavern, for the purpose of forming a So9ety, or
College, to impose a test of qualification upon all individuals
who should hereafter enter into the scholastic profession. There
were present, Messrs. Turrell, Parker, Butler, and Lee, of
Brighton ; Hall, of the King's-road ; and Stokes, of Ongar.
Mr. Turrell, was called to the chair. After the first resolu-
tion was proposed and seconded, Mr. Harris, of Pimlico, in
a strain of bitter sarcasm, exposed the fallacies of the argu-
ments of the preceding speakers, and condemned the scheme
as being utterly impracticable. He then proposed an amend-
ment, to the effect, that any attempt of the kind would be
a tax upon the intellectual endowments of any promising
young man ; and to confirm the views he entertained, he read
an extract from a letter which was published thirty years
ago, and which was written by a distinguished linguist, who,
after he bad acquired seven or eight languages, in. order to
qualify himself for the office of schoolmaster, applied him-
self to the study of " Murray's Exercises," and improved
thein arithmetic.we aknweakness
of
their The
cause,pro promoters ters
interrupted
t he scheme
the
speaker
per -
hetheimirvosiuneglgfhout his speech, and passed another resolution to the
exclusion of the proposed amendment. Several gentlemen,
however, claimed for Mr. Harris a fair and impartial hearing,
but were at length so disgusted with the proceedings of the
committee that they instantly left the room. The meeting
then broke up somewhat abruptly, and altogether exhibited
a wretched failure.
A numerous private meeting of Protectionist Peers
was held on Saturday afternoon, at the Earl of Eglintoun's
apartments, at the Clarendon Hotel. Their Lordships were
in deliberation for nearly two hours in reference to the third
reading of the Corn Bill, to-morrow evening, in the House
st Magistratesth reFi .t
holdingin a
gr, i ot t
tfrAwFit
ohna
ed:
of Lords.
o
Inn, Ilford, instructions were issued to the' police to prevent
—rallio:pu:nFdNa.riiSzerd:olontufhrßtedheafieayr
se ,
sot
nuaFtntrrdei
Friday
heldm meeting
at it n
the
eo
Angelf the
yayinanjdulth
day following.
His Royal Highness Prince Albert has subscribed
the sum of 100/. towards the fund which is now being raised
Waterloo from Captain Siborne, the gallantc, easnadturers-
for the purpose of purchasing the ,model of the Battle, of
the work. structor of

MONEY and COMMERCIAL NEWS.
CITY, QUARIEI: TO THREE.
The sales of Cotton at Liverpool on Saturday were 2,500
bales. Prices were without alteration. Shares were dull.
An intense degree of interest is shown in the City this
morning to have the result of the division in the House of
Commons this evening or to-morrow morning on the Irish
Coercion Bill, as there appears to be some grounds for the
presumption that the lengthened debate upon it will not
longer be procrastinated, but if so, the factious opposition
must daily be of less effect than at the present moment. The
Corn Bill is held to be safe among merchants and capitalists,
and the royal assent being given to those vital changes in
the tariff, little is cared for amongst commercial men at the
fate of the Coercion Bill, as the intention of Government
in introducing it has already had almost the intended effect,
by reducing the amount of crime in those districts where the
most horrid scenes were witnessed of late.
There are accounts from Ceylon this morning, but little
of importance is conveyed in them. It is said upon autho-
rity, that were the protective duties removed, the best
lands alone would yield a remunerative profit. This is the
constant theme of the protectionists in this country, not a
scintilla of allowance being made for improvements that
must be made under a more liberal order of things. By the
aid of scientific exertions, there is no doubt that lands at
home, as well as in the colonies, will be brought into pro-
fitable cultivation, where now there may be a temporary
loss.

The grain markets are looking up, notwithstanding the
prevalence of the most magnificent weather for maturing
the crops. In the last week, the sales in the markets enu-
merated by Act of Parliament, the average prices paid in
which regulate the duty on foreign corn released from bond,
were, of wheat, 87,508 quarters ; of barley, 7,680 quarters;
of oats, 23,231 quarters; and of beans, 5,851 quarters.
Consols for the Account have been very steady this morn-
ing, at 951/8 ; and precisely the same values have ruled
for the Three per Cent. Reduced Annuities. The New Three-
and -a-Quarter per Cents. have been heavy, at 96%. Ex-
chequer-bills have been sold at the very low premium of 55.,
both for the 1,0001. and the 500/. bills. India Bonds are lower
also, fetching but 20s. premium.
Portuguese Four per Cents. have been sold at 49%,
Spanish at 24%, Mexican at 273%, the Deferred at 16,
the Three per Cent. Spanish at 371/s, the Dutch Two-and-a-
half per Cents. at 601,4, and the Four per Cente. at 92%.
In the Share Market the business done to••day has not
been of much importance. The rejection of the Dublin and
Galway Bill has created sone disappointment.

BRITISH FUNDS THIS DAY AT ONE O'CLOCK.
(From the Official List.)
Three per Cent. Reduced Annuities . • 95% %
New Three-and-a-Quarter per Cent. Anna. 97 96%
Long Annuities, Expire Jan. 5, 1860 .• 10 3-Is
India Bonds, 1,000/. .. ..
Ditto, under 1,0001. • • • 2O
Consols for Opening .. .. • • • . • . 9534 %
Exchequer Bills. 13,4 d, I%d.
1,000/. .. .. • • .• • s———• pm
500/. .. ••..10 5 pm,
Ditto, Small • • .... 510 pm.
PRICES OF FOREIGN FUNDS AT ONE O'CLOCK.
Equador Bonds • . •. • • • • • 34
Granada, 1 per Cent. .. . • 20%
Ditto, Deferred .. .. • • • • 4%
Mexican Bonds, 1837, 5 per Cent 27%
Ditto, Deferred • . • • .• 1634
Portuguese Bends, 5 per Cent. .•
Ditto, 3 per Cent ..
Ditto, for the Account, .. • • 49%
Ditto, 4 per Cent .. .. • • • • 4914
Ditto, for the Account .. • • 50
Spanish Bonds, 5 per Cent.
Ditto, for the Account • . • • 24%
Ditto, Three per Cent .. • • 37%
Dividends on the above payable in London.
Dutch Two-and-a-Half per Cents. 60%
Ditto, 4 per Cent. Certificates ~ 921%
Ditto, for the Account .• .. 9234
BUSINESS DONE IN RAILWAY SHARES AT ONE O'CLOCK
RAILwAys. PAID. Paa SHARX.,
Birmingham and Gloucester • • • .100 •• • .127% .. •.to
Ditto New (issued at 734 dis.) • • 1734 . • 31% .. ••to
Caledonian• • • • • • • 15 .... 10%34 34 to
Ditto Half Shares .. • • • • • • 234 •••• 1% %..to
Ditto Extension • • • .. 234.... 134 .... to
Derby and Crewe .. .• • • .•2%••6%34 . • to
Direct Northern .. . • .. • • 2% ...• ty... • • to
Eastern Counties .. . • • . 14/. 16s. 0d.... • 24% • • to
Ditto, York Extension .. • • • • 10s. •• • • 11,., % .to
Exeter, Yeovil and Dorchester • • .. 2%..., .• • to 2%
Goole, Doncaster, and Sheffield, &c... 425. ...• % dis. to
Great Southern and Western (Ireland) 20 .... 22% • • to
Great North of England • . • • • • 100 •• . • 221% .• •. to 221
Guildford, Fareham, and Portsmouth 5 .. • • 4% • • to .
Leeds and Bradford .. • • .. •• 26 5b34 ....to
Leicester and Bedford .. • • .. 225. % die, to
Leicst., Tam., Bir., & Trent Val. June. 425. .... % dis. to
Loudon and Birmingham • . • • .. 100 •• •••• to
Ditto, Fifths .. .. • • • • 2 .• • • 25% .. •.to
London and Blackwall • • 161. 13s. 4d. .. • • 7% .... to
London and South-Western 411. 6a. 78 to 77
Ditto, New Consolidated Eighths • • 40 .... 5734 •• • • to
Ditto, New .. .. • • • • • • 1734 .. •• 29 to
London and York . .. • • •. 2% .... 1% %•• to
Manchester and Birmingham .. 40 .... 83 • • to
Ditto, Quar.er Shares (Ii) .. • • 4 .. • • 1334 %•• to
Ditto, Quarter Shares (C) • • • • 1 • • 9%
Manchester and Southampton •. 2 .. ••to
.. .. • . 1%14 .. to
Midland .. .. • • • • • • .. 100 .• .. 150 ... to
Ditto, New • • • • • • • • •• 42 .... 37%.. ••to
Newcastle and Darlington Junction • • 25 .... •• • to
Ditto, New .. .. • • . • .. 1. .... 9% .... to
Ditto, New, Brandling .. • • . • 25 .... 45 to
Newcastle and Berwick .. • • .. 15 .. • • 24% .... to
Ditto,Norfolk .. •.••••• .. 20 . • . 25% .. to
Ditto, Half Shares .• .. ••• . 5 • • 754 .•• to Tenths .. . • ...2.. • • 2%34 •.to
Ditto, Extension .. • • • • 2 .. • • 1% .. •• to 2
North British .. .. • • .. • • 22% .. • • 29% .... to Ditto, Half Shares • • .. • • ••8%.. • • 11% to
Ditto, Carlisle Extension .. • 1% .. ,• .... to
North Kent and Direct Dover • .. 2% • 134.... to
North Staffordshire .. • • • • 425. .... p.. to
Portsmouth Direct .• .• • • • • 3% - • 4N •.•• to
Richmond .. •• •• 10 •• 1634-- to
Scottish Midland .. • • • . • . 10 .. • • 7 •• •• to • E
Shropshire Union • •• 425... dis. to
South Eastern and Dover -. .. 33% 3934 .. . to
Ditto, New. No. 1 • • • • •16 19% .• to
Ditto, New, No. 2 •• •• 10 • 1334 .... to
West Riding Union .. .. • • • • 425..... p.. to
Wisbeach and St. Ives •••• 2 • • 2 •• .•to
York
and North Midland .. .. • • 50 •• • . to
Ditto, Extension •• • • .15 .• 34 .. -• to
Ditto East and West Riding Extension 1 ....12%11% to 12%
FOREIGN RAILWAYS.
Boulogne and Amiens • • • • .. 12 .... 12% .... to
Luxembourg .. • • .. .. 4 .. • . 2 .. • • to 1%
Lyons and Avignon .. • • • • 2 •• • • 1% •.•• to
Paris and Reuen • • • . .. 20 .. 3834,. •.to
Sambre and Meuse .. .. 8 .... ...• to

MINES
Real del Monte, Unregistered .. —•• .. 3%.... to -

LLOYD'S SHIPPING.-(THIS DAY.)
LONDON, JUNE 22.—Wind light, pleasant breeze, and fine clear
weather.
DEAL, JUNE 21.—Wind N.E., fresh.—Sid. 15th, Soto, Bast, La
Guayra ; Maria Elizabeth, Wieborg, Surinam. Arrived from the Ri-
ver and sailed-20th, Symmetry, French, Adelaide ; George, MrVicar,
Sydney ; Candihar, Ridley, Calcutta ; Hooghly, Henry, Calcutta ;
Emma, Scarbrow, Barbadoes. A three-masted steam schooner,
black, with white mouldings, funnel before the mainmast, westward.
21st, Kate, Scott, Rio Janeiro ; Eliza, Jones, St. Vincent ; Paoli,
Welch, Baltimore. Sailed, 20th, Currency, Wainwright, Bombay.
17th, Arrd. Hazard, Rio Janeiro ; 21st, Euphrosine, Boundheim,
Galveston, and sailed for Antwerp ; Isabella Thompson, Heddle, Har-
tlepool, and sailed for Ceylon.
PLYMOUTH, JUNE 21.—Wind E.—Arrd. Lady Amherst, China.
PENZANCE, JUNE 20.—Wind light and variable.—Arrd., 19th,
Ilendrika Jacoba, Braelaud, Amsterdam to Trieste, leaky, having
struck a log of timber : the leaks having been stopped, she is now
ready for sea.

Orr HOLYHEAD.—Arrd. Stephen, St. Andrew's, New Brunswick.
LIVERPOOL, JUNE 21.—Wind S.E., moderate.—Sld. Asia, Galilee,
Richibueto ; Prompt, Irving, Rimouski ; Scotland, Kelso, Bay Cha-
leur. 20th, Harriet Humble, Bevis, Calcutta ; Chaseley, Welghlll,
Bombay; Nile, Kennedy, Lima; Munro, Potts, Havannah ; Dia-
dem, Lakeland, New York ; Harmony, Jameson, St. John's New
Brunswick ; ocean Queen, Warren, Quebec ; Wilhelmina, Bulkeley,
Alexandria ; Waterlily, Pain, ditto ; Spirit, Stokes, Constantinople.
21st, Guisachan, Phillips, Bombay; Conqueror, M'Auley, New
York ; Columbiana, Pollard, Boston ; Ward Chipman, Bilton, Staten
Island ; New Zealand, Faye, St. John's, New Brunswick. A yacht
is aground on East Hoyle Bank.
SOUTHAMPTON, JUNE 20.—S1d. Oriental steamer, Soy, Alexandria.
CLYDE, JUNE 20.—Wind E.—Arrd. 18th, Lavinia, 31`Giloray,
Patagonia ; 19th, Margaret Pynter, Frew, Pictou ; Georgiana, Evans,
Oporto ; 20th, Brothers, Carson, St. John's, New Brunswick ; Lon
don, M'Donald, Pictou ; Rebecca, Simpson, Pugwash ; Caledonia,
Greenhorn, Montreal. Sld. 19th, Mountaineer, Smith, Bombay ;
20th, British Isle, Brown, Valparaiso.
CORK, JUNE 18.—Wind E.S.E.—Arrd. Rambler, Simpson, Pata-
gonia ; Challenge, Shea, South Coast of Africa. Sld. 18th, Henry
Patterson, Keohave, St. John.
OFF CORK, JUNE 17—Arrd. Falcon, Moyse, Mauritius; 18th, Wel-
come, Broadfoot, Moulmein.
CROOKHAVEN, JUNE 17.—Wind E. by S.—Arrd. Industry, Allison,
Patagonia; Sld. 17th, Arab, Howe, Quebec.
KILRUSIT, JUNE 20.—Wind S.S.E.—Arrd. Eliza and Ann, Fer-
guson, Miramichi.
BELFAST, JUNE 20.—Wind E.—Arrd. Erin's Queen, Quebec.)