The Sun.
London, England, 1846-11-09 00:00:00

According to the Courrier Francais, Marshal

816

SOULT had tendered his resignation as President of
the Council, but had consented to withdraw it, on the
representation cf the KING that his resignation would
complicate the situation of the Ministry.
The Constitutionnel has the following on the Mada-
gascar question :
" On the arrival of the Armide frigate, which has just
come into Brest, a rumour was spread abroad that the
English at the Mauritius, and the French at Bourbon,
were preparing, for the end of July, an expedition
against Madagascar. It was said that England was
collecting at the Mauritius a squadron composed of a
50-gun frigate, a 94-gun ship, the Blonde, of 28 guns ;
the Cleopatra, of 44 guns; and the Thunderbolt steamer.
In addition, troops, it was said, were expected from
Bombay. As to France, her preparations consisted, it
was affirmed, in the Belle Poule frigate, the Berceau
corvette, the Voltigeur brig, the Archimlde steamer,
and two trading vessels freighted as transports. Half a
battery of artillery and 1,500 men were, it was
said, embarked on board these vessels, and the
object of the expedition was to seize on Tamatava,
and to fortify themselves there. We cannot say
what is the object of the coming together of the
English vessels at the Mauritius. We think we can
affirm, however, that several of those mentioned have for
a length of time formed part of the English station on
the eastern coast of Africa for the repression of the slave
trade. It would be difficult to explain the presence of
troops from Bombay at the Mauritius, but no one asserts
that they have arrived, or even that they have been seen
_on their way. As yet the coming of these troops to the
Mauritius is only a simple conjecture. An expedition
of the English to Madagascar would much astonish us,
particularly if it was to go further than a simple demon-
stration destined to support negotiations with the Hovas.
The policy of England on the eastern coast of Africa is
quite opposed to the designs attributed to her on Mada-
gascar. She has always avoided creating embarrassments
for herself by entering on quarrels with the uncivilised or
half-civilised states existing on the coast, or in the neigh-
bouring isles. We could mention more than one instance
where she replied to abuse, nay to depredation, by send-
ing presents, and concluding treaties of peace with the
chiefs of this country. In fine, she pointed out in a very
clear manner what policy she reckoned on following,
when she recognised Radama as King of Madagascar. The
situation and the designs of France are quite different,
and they are perfectly demonstrated by the assemblage
of force now at Bourbon. Her intention is not to at-
tempt the impossible conquest of Madagascascar, at the
moment when she has Algeria on hand ; she wants to
establish hereelf strongly in the islands where the
French flag has been lately raised, namely, Mayotte and
Nossi- Le. These islands may be easily colonised and
defended. In case of war they would offer to our vessels
a refuge, and the means of repairing any injuries they
may meet with. Our policy is to fortify ourselvss there,
and to develop all the resources which they may offer
as ports for putting in and victualling. We believe that
that the stores and men just landed at Bourbon are des-
tined for Mayotte and Nossi-be, and not for Tamatava.
All persons acquainted with the climate of Madagascar
know that the idea of establishing troops at Tamatava
would be a wild project. That would not lead to the
submission of Ranavalo, and the lives of nine-tenths of
the soldiers obliged to pass there a few nights on that
mortal coast, would be uselessly sacrificed. It. is only in
the interior of the country that Europeans have some
chance of escaping from the always deadly fevers on the
coast. But to lead troops into the interior would be to
undertake the conquest of the whole country, and that is
not the matter in question."
The Moniteur inserts a royal ordinance, placing
at the disposal of the Minister of Foreign Affairs an
extraordinary credit of 320,000 f. for unforeseen ex
penditures.
The KING, by an ordinance of the 29th ult., had
conferred the Grand Cross of the Legion of Honour
on Count DUCHATEL, Minister of the Interior.
The dignity of a Knight of the same order has been
conferred on PARAITA, an Otaheitan, as a reward for
having acknowledged the French Protectorate.
The returns of the corn trade of France show that
the importation of wheat during the month of Sep-
tember last amounted to 191,379 metrical quintals ;
other grain, 24,762 ; flour, 6,816. The exportation--
wheat, 54 metrical quintals ; other grain, 2,037 ; and
flour, 1,304 ; and the quantities lying in the Govern-
ment bonding stores on the Ist of October—wheat,
99,269 metrical quintals ; other grain, 35,483 ; and
flour, 11,654. The imports during the first nine
months of 1846 were, wheat 2,210,180 metrical quin-
tals ; other grain, 86,450 ; and flour, 24,758 ; and the
exports—wheat, 20,968 metrical quintals ; other
grain, 206,391; and flour 33,876.
The failure of the eminent banking-house of J. B.
GHIRARDILLO, of Vienna, is announced in the

Presse.
The Three per Cents. closed on the Paris Bourse on
Saturday at 82f. 45c. ; the Five per Cents., 117 f. 50c.
the Orleans Railroad Shares, 1,205 f. ; Rouen, 8871.50 c. •
Havre, 675 f. ; Great Northern, 642 f. 50c. ; Avignon, 862 f.
50c. ; Vierzon, 567 f. 50c. ; Bordeaux, 535 f. ; Boulogne, 447 f.
50c. ; Basle, 215 E ; Fampoux, 400 f ; Dieppe, 351 f. 25c. ;
Paris and Strasburg, 477 f. 50c. ; Tours and Nantes, 487 f. 50c. ;
Paris and Lyons, 495 f.; Lyons and Avignon, 490 f.; Bor-
deaux and Cette, 477 f. 50c. ; Spanish Three per Cents., 38;
Spanish Domestic Debt, 3291.
LYONS, Nov. S.-Paris and Rouen, 907 E 50c. ; Avignon
and Marseilles, 877 f. 50c.; Northern, 6661. 25c. ; Paris and
Lyons, 501 f. 25c.
BUSINESS DONE IN FOREIGN RAILWAYS AT THE
LONDON STOCK EXCHANGE, NOVEMBER 7.
Barbadoes, %-Boulogne and Amiens, 14 4-Demerara, 2%-
Dutch Rhenish, 5% -East Indian, -Luxembourg, 1% -Madras,
Nei:ore, and Arcot, 14-Northern of France Constituted, 11 -
Paris and Lyons Constituted, 4% -Paris and Strasbourg Constituted,
33i-Sambre and 18Ieuse,:4%.

THE PRINCE OF WALES'S BIRTHDAY.—His Royal
Highness the Prince of Wales completed his fifth year
this day, which is in consequence observed as a day of
rejoicing all over the metropolis.
WINDson, SIINDAY.—The departure of her Majesty
and the Royal Family for the Isle of Wight is again
p,stponed NI, some days, and will not take place, it is
novesaid, before Monday, the 16th inst.

MONEY and COMMERCIAL NEWS,
CITY, QUARTER TO THREE.
The sales of Cotton at Liverpool, on Saturday, were
6,000 bales, including 2,000 American on speculation,
and 500 for exportation. The market was steady, at
previous rates. American sold at 4d. to 61d. per lb.
Shares were again in favour.
This being Lord Mayor's-day business of a general
character is almost entirely suspended. The more re-
cently admitted, or we may say juvenile members of the
Stock and Share Markets, are absent from their usual
places of business, to take the opportunity of a sight at
the show.
We have not received any private accounts by the
New York packet, just come in. A few letters have,
however, been delivered, which are of a more satisfactory
tenor as to the state of trade and commerce, although
an advance had occurred in the quotations of our, which
it is very unlikely will be supported
As serving to bear out our repeated statements of the
folly, if not criminality, of exciting alarm upon the score
of apprehended scarcity of food, we take the following
from the market report of the Commercial Daily List:—
" We have the pleasure of repeating that the markets
have been again literally crammed, and that the factors
and salesmen have had great difficulty in forcing sales
of all sorts of provisions—corn, meat, fish, fowl, and
even potatoes—although they were desirous of doing so
at receding prices. Speculators admit that corn must
go down for the next three months, but say it will be
dear in the spring; our opinion is, the large supplies
will keep down prices."
Whether as regards grain, meat, poultry, fish, or vege-
tables, there is every reason to hope that cheapness and
plenty will soon again be the rule, not the exception, and
that the artificial rise will be suppressed in Coto.
The Funds are dull again to-day, and the appearance
of the market is rather ugainst a resumption of Bull
operations. Still a day may, in this respect, affect a
change, and this is almost a holiday. Consols are 94i I
for Money and Time. Exchequer-bills are maintained
at 1 ls. to 14s. premium. The New Three-and-a-Quar-
ter per Cents. have been 95/ 1, and the Three per Cents.
931 4. Bank Stock is marked 205.
The Foreign Securities have been steady, but there is
scarcely any business doing. Mexican have improved a
little, being quoted 221. Brazil Stock has been at 844 ;
Spanish Five per Cents, are 26, and the Three per Cents.
37/ ; Portuguese Four per Cents. are 38+; Russian
Bonds have been at 1104 to 1111 ; Dutch Four per
Cents. have been 911 to 92.
There has been a fair business done in Railway Shares
and Scrip. York and North Midland, 99 ; North
Western, 1974 to 1984; Brighton, 591 4 ; Aberdeen,
191 to 19; Eastern Counties, 221 5 ; Caledonian, 24 ;
York and Newcastle, 44 to 45 ; Newcastle and Berwick,
33 to 334; Manchester and Leeds, 105 ; Scottish Cen •
tral, 20-1; York and Selby, 861 to 87, and York and
West Riding Extension, 204 to 21.
BRITISH FUNDS THIS DAY AT ONE O'CLOCK.
(From the Official List.)
Bank stock
3 per Cent. Reduced Annuities 931.4%
3 per Cent. Consols Anns 91%%
New 31A per Cent. Annuities
95;46%4
Long Annuities, Expire sth Jan. 1860
Do. 30 Years, Expire Jan. 5, 1860 lo 1-16
Consols for Account .. 941/.2%
Exchequer Bills. 11Ad.
1,0001.
Ditto Small
I'liloE OF FOREIGN FUNDS AT ONE O'CLOCK.
Austrian Bonds, 5 per Cent. llO
Brazilian Bonds, 5 per Cent B4l/2
Mexican Bonds, 1846, 5 per Cent —
Ditto for the Account 22N
Portuguese 4 per Cents 3Bll
Russian Bonds, 1822, 5 per Cent llll% 110%
Spanish Bonds, 5 per Cent, 1840., —
Ditto for the Account 26
Ditto 3 per Cent
Ditto for the Account
Dividends on the above payable in London.
Dutch 2% per Cents
Ditto 4 per Cent. Certificates ... 91X 92
Neapolitan, 5 per Cent 91%
BUSINESS DONE IN RAILWAY SHARES AT ONE O'CLOCK
RAILWAYS. PAID. PEN SHARE.
Aberdeen
Amber., Notting., Boston, &c. 2% 2 to
Armagh, Coleraine, & Portrush 1% to
Aylesbury and name
Belfast and County Down .. 43A to
Birmingham and Dudley ..... 425...... 6'h%% p to
Birmingham and Gloncester..loo ......129
Do. New (iss. at 7% dis.).. 17% — to
Birmingham & Oxford June... 2
Birkenhead, Lancashire, and
Cheshire Junction 23q — ..... to
Boston, Stamf, , & Birming... 225.
Bristol and Exeter . 75
Do., New ... 5 -
Bristol and Gloucester... 3O
Bristol and Liverpool June... 21A — to
Buckinghamshire..
Caledonian
Ditto, Half Shares
Cambrian and Grand Junct 425.
Chester and Holyhead 27% — to
Churnet and Blythe
Chester and Manchester 428.
Cheltenham and Oxford
Clydesdale Junction
Cork, Blackrock, & Passages 225.
Cork and Killarney
Cork and Waterford l% to
Cornwall
Ditto, Half Shares
Cornwall and Central Devon 2%
Derby and Crewe 2% to
Direct Lincoln, East Retford,
and Sheffield Junction— 2%

~---

Direct Northern ...... 2% _
...., 1% 2... to 1%
Direct Norwich 1
Dublin and Belfast Junction.. 121/ — to
Dublin, Belfast, & Coleraine 2% — ...... to

Dublin and Galway
Dundalk and Enniskillen

to --
to

Eastern Counties 14/. 16s 22 VA, ... to
Do. New .. ... l2l. 16s 7l, % p to
Do. Perpet., 5 per ct. No. 1,6/. 13s. 4d — .. ... to
Do., d 0....... ......... N 0.2,61. 13s. 4d % p... to
Do., York Extension 2 ...... 37f33/4... to
East Dereham and Norwich 1 -
Eastern Union ... .. .. 35 — to
_

------- _ ___
Ditto, Quarter Shares
Do. Extension to Harwich 1%
Do. Cambridge and Ely ... 2% — to
East Lancashire
Ditto, New .
Do. ( late Preston & Ormsk.) 214 ...
East Lincolnshire ••• 14 — to
East and West of England... 1% — . ..... to--
Edinburgh and Glasgow
Ditto, .Ralf Shares
Ditto, Quarter Shares 121% — to
Edinburgh and Northern ... 12% ......
Edinburgh and Perth
Ely and Huntingdon ..
Enniskillen and Sligo ... 211
Exeter, Yeovil, & Dorchester 54 3%4.— to
Glasgow, Kilmarnock, & Ayr 50 — to
Ditto, New
Do. 4 Shares (5 per ct.gua.) 12%
Glouc., Aberystwith, andUen.
of Wales
Goole,Doncaster,Sheffid., &c. 42s IA dis. to
Grand Union (Nott. & Lynn) 1% ... .. to
Great Eastern and Western... 21/.2 ...... to
. ~. ~.. . _

Great Grimsby and Sheffield 10." to
Gt. South. & West. (Ireland) 2714 — to —.
Great Munster

Great North of Scotland 2i%......
Great North of England 100 ......236%
Ditto, New
5
1 15 1, i... ..
.
..
..
ttt
000
---
Ditto, New
Ditto, New
Great Western
Ditto, Half Shares
Ditto, Quarter Shares lO

Ditto, Fifths
Do. New
Huddersfield and Manchester 13 ...... 18
Ditto, Extension 3 — to
Hull and Selby 5O
Ditto, Quarter Shares . 12% • to
Ditto, Half Shares
Ipswich & Bury St. Edmunds 11% 11%...... to
Do. do. and Norwich
Lancaster and Carlisle SO
10% to
Lame, Belfast, & Ballymena 425. ...... to _
Leeds and Bradford
Leeds and Carlisle
Leicester and Birmingham... 225. - ...... to
Leizester and Bedford 225.
Leeds, Dewsbury, & Manches. 221,4 33% to 33
Ditto, Branch (Blue) ...... 2% — .. ... to
Ditto, Extension (Green).. 2% — ...... to
Leeds and Thirsk l7l/2 — to
Ditto, New ..... . ... ...... .. 5 . .., to
Liverpool, Manchester, and
Newcastle Junction 2% 2
Liverpool and Bury l4
London & Blackwail...l6/. 138. 4d
Do. New , .
Do. Extension ......... •••••• 71/2 — to
Lond., Bright., & South Coast 50 ...... 5914 %to
Do. Fifths
London and Croydon Guaran-
teed 5 per Cent 9 . ....
London and Greenwich... 12/.155. 4d...
Ditto Preference lBl 17f32d... ...... to
London,Hounslow, &Western 2 . ....
London and North Western..loo 19
7% to 198%
Do. Quarter Shares •.. 2
Do. do. New
Do. do. Fifths
Do. Eighths G. J. 12% — to
Do. New Quarters ...G. J. 5
Do. 401. Shares.....L. &M. 84 — to
London and S. Western.... 411.63 10d 68%... to
Do. New consolidated Bths.. 40

Ditto New
Do. New lB

London and York ..., ..... ...... 21A 2%..... to
Ditto Half Shares -
London and Windsor ........• 1% ......
London, Salisbury, & Yeovil 2% — to
Londonderry and Coleraine... 15
Londonderry and Enniskillen 15
Lynn and Ely

•• •• 0 tO •••••

Linn and Deieham
Manchester and Leeds B2 .. ...
Ditto Half Shares
Ditto Quarters
2 — to
Ditto Fifths ...
Ditto Sixteenths ........ ... 6 1A......
--

42g: PA p... to Do. Extension
Manchester and Birmingham 40
Ditto Quarters (A)
Ditto Quarters ( li) ...... ... 5
Ditto Quarters (C) 1
slanch, Buxton, & Matlock 425.
M a n c h e s t e r , Birmingham, and
MouldJunction
Manchester and Southampton 2
Midland lOO .....133
Ditto Fifths
Ditto, New
Ditto, New
Midland, Birm., and Derby...loo ... ..
Midland and Eastern Counties 2% — to
M Mid. Great Western (Irish) 15 -
...

Newcastle and Berwick
Do North Shields ...... .. .. to --
Newcastle and Carlisle lOO -