The Sun.
London, England, 1848-12-22 00:00:00

SPAIN.

Ma'lrid journals of the 16th have arrived.
The election of President of the Congress took place
that day. Senor SEIJAS LOZANO was the Ministe-
rial candidate, Senor Rios ROSAS the candidate of
the Moderado opposition, and General SAN Miouzr,
the candidate of the Progressistas.
At the close of the scrutiny, the numbers were de-
clared to be as follows :
Senor Seijas Lozana .. 98
Senor Rios Roses
General San Miguel .. 28
The other votes being thrown away, Senor SEIJAS
was consequently elected.
GONZALES Basvo is the leader of the Moderado
opposition.
General CORDOVA has arrived at Madrid.
The Conde DE THOMAR (Costa Cabral) was to
leave Madrid on the 16th for Lisbon.

MADRID BOLSA, DEC. 16.—The Three per Cents.
20k, 11 16 buyers, sellers ; Five per Cents., 91
buyers, 10 sellers ; Coupons, 6 buyers ; Passive Debt,
3i to a buyers, 4 sellers ; Exchange on London, 4s.

THE

MONEY and COMMERCIAL NEWS.

CITY, QUARTER TO THREE.
The Cotton Market at Liverpool yesterday was quiet, but'
firm. Sales 5,000 bales.—Rail ray Shares were supported.
The further American accounts delivered to-day induce us
to give an opinion of our own upon the subject of the tariff of
1846, and the probability of an alteration therein. It is
highly gratifying to have the testimony of the President
whose term of office is about to expire as to the beneficial
working of that measure, because it strengthens the hands
of the free-traders on this side of the Atlantic, and we
do hope that the editor of the New York Herald,
from whose journal we yesterday gave an extract, does not
represent the opinions of the country at large. The system
of moderate duties cannot but be beneficial generally, and it
is useless of any Government to bolster up manufactures, and
force them before their time, and to the detriment of con-
sumers.
The following is a statement relative to emigration from
Canada to the United States :—A Buflalo journal mentioned'
a few days since that several hundred French Canadians had
lately passed through that city, emigrating to the south and"
west. We have heard of numerous bands above and below
Quebec. The Journal de Quebec, of Saturday, states, on
what it considers good information, that upwards of a thou-
sand persons have left the parish of St. Cyprian (district of
Montreal), for Chicago; that no less than two hundred per-1
sons have left the parish of Cap St. Ignace (district of
Quebec) for the same destination; and two of these, after
selling their lands at a loss, have departed for the plains of
Illinois, the one carrying with him 1,0001., the ether 800/.
Mr. Blaiklock, surveyor, lately returned from Lake St.
John, about a hundred miles north of Quebec, has brought
with him a small quantity of plums planted about 170 years
ago by the Jesuits, who had formed an establishment there,
some traces of which are still extant. They had about 300
acres of land under cultivation at the entrance of the river
Ashubniashmar on the south side of the Lake.
The steamer Great Western has arrived from the West
Indies, but the letters are not yet in town. She brings
a large amount in specie, with a remittance for the dividends,
but the general accounts, as given in the American papers;
and of the same date as the Great W estern will furnish,
are not favourable; a movement on behalf of Santa Anna
being expected.
The Funds have been very firm this morning, although
business has not been active. We shall probably have a
dull market for the next two or three days. Consols for the
opening have been 88% to 88%. The New Three-and-a-
Quarter per Cents. have been 88% %. Exchequer-bills
realise 395. to 445. premium. Bank stock is 189 to 191.
A large general business has been done in Foreign Stocks;
and generally at enhanced values. Mexican Bonds have
touched 2234 and 23. Peruvian are still being forced up;
the prices being 50 to 51%. The rumour is, that purchases
are being made en account of the Lima Government.
Grenada Stock has been quoted 13% to 13%. Equadot
Bonds have been marked 2% %; Chilian Three per Cents:
47 ; and Brazilian Bonds, 75% to 76. Spanish Five per
Cents. have been 13% to 13% ; and the Three per
Cents. 2634 to 27%. Portuguese kour per Cents. have been
at 25. Dutch Two-and-a-Half per Cents. have realissed 49
to 49%.
Railway Shares have been steady, and generally at rather
fuller prices. South Eastern are an exception, and there is
some dulness in the French lines.
BRITISH FUNDS TB'S DAY AT ONE O'CLOCK.
(From the Official List.)
Bank Stock l9l 189
3 per Cent. Reduced Annuities 88 813%
New 31A per Cent. Amts. 811%.%
Long Annuities, Exp. Jan. sth, 1860 8% 11-16
Do. 30 Years, Expire Oct. 10, 1859 8 7-16
Consols for Account
Exchequer Bills. 2%d. 2d.
March. June.
1,0001.
500/. .........
37 37 p
Small
PRICE OF FOREIGN FUNDS AT ONE O'CLOCK.
Brazilian Bonds, 5 per Cent
Ditto New Bonds, 1829 and 1839 73%
Buenos Ayres Bonds, 6 per Cent 24
Chilian Bonds, 6 per Cent .. --
Ditto, 3 per Cent
Equador Bonds 2%%
Grenada, 1 per Cent. ...... 11A%
Ditto Deferred
Mexican Bonds, 1846, 5 per Cent 2234 23
Ditto for the Account
Peruvian Bonds, 6 per Cent 5O 51%
Portuguese Bonds, 5 per Cent
Ditto 4 per Cent.
Spanish Bonds, 5 per Cent,lB4o 13% •
Ditto for the Account 13% •
Ditto Passive Bonds 314
Spanish Bonds, 3 per Cent 263/4 27%
Dividends on the above payable in London.
French Rentes, 5 per Cent —.. 74f. —e.
Exchange 2sf. 50c.
Dutch 2% per Cent.,l2 Guild 49% 49

I WANES:S DONE IN RAILWAT SHARES AT ONE O'CLOCK
RAILWAYS. PAID. " -PeeSuess.
1/4 berdeen
..... to _
; Elba., Notting., Boston, &c 414 - to -
\. y rsh ire and Galloway -
.ie Ifast and County Down .. 19 •..• - • to -
4irmingham & OxfordJunct.,
calls duly pd, or with guar. 20 - •
to -
Do., without a guarantee... 20 ..• - .. to --
3irminghaan,Wol.,& Dudley,
calls duly pd, or with guar. 10 ... . - -
Do., without a guarantee... 10 -
..... to -
iruaing., Wol., & Stour Val. 13/.143 - to -
Birkenhead, Lancashire, and
Cheshire Junction.., lO - . •-••• to --
3oston, Swint., & Birming... 5 - to -
-ristol and Exeter - to -
Do., Thirds - ...... to -
Buckinghamshire..l4/. 4s - to -
'aledonian
Ditto, Half Shares - - to -
Ditto, New 10/. Preference 7% 73/ to -
Ditto. Clydesdale Junction 50 . - to -
hester and Holyhead 5O -
Ditto, Preference - - to -
larence. -
Do., let Class, 6 per Cent... 10 - • •.. to -
D0.,2d Class, 5 per Cent... 10 - to -
Do., Gov. Loan, 4 per Cent. 10 - ...... to -
;Area London & Portsmouth 514 - to -
tioblin and Belfast Junction.. 35 - to -
Oundalk and Enniskillen ... 20
s.ast Anglia, 25/. L. & E.
and L. &D. ... ............. 25 -
Ditto, 181., E. & H....••• 18 ... -4;- -
Ditto, 31. 10s., E. & H... 3 %""•• 2%
to to -
astern Counties .••»••••••• 20 ...... 12
Do. New Gruarant. 6 per Ct. 10 ...... 114 to -
Do. Perpet., 5 per ct. No. 1,6/. las. 4d... --
to -
Do., do. ............... N 0.2,61. 135. 4d... - -
- to -
Do., Northern & Eastern... 50
to -
Do., 5 per cent............. 50
Do., Quarter .... . ...... ...... 121... .. - -
Do., New .................... 31
Eastern Union, Class A (late
E. U. Shares) ...........25 -
Ditto, ditto, Class A, ditto 1 • - to -
Ditto, do, Class 13 (I. &B) 20 - to -
Ditto, do, Class C, ditto... 20 ...... - to --
Ditto Scrip (gua. 6 per et.) 10 . . .... - -
Ditto, ditto ........ ».....••• 20 .•-••- ... -
Ditto (C. & E.), 5 per ct. 2% .... . . - -
East Lancashire - -
Ditto, New ... .......... .... •21 ...... - -
Do., New Quarters - -
Do., 6 per Cent. Preference
Quarter Shares 614...... - ...... to --
East Lincolnshire 25 ...... - ...... to -
Edinburgh and Glasgow 5O - ••• •• to --
Ditto, Halt Shares - -
Edinburgh and Northern ... 25 ...... - -
Ditto, New port l5
Exeter, Yeovil, & Dorchester 2% - -
3iasg., Dumfries, & Carlisle-81. 65.8 d... -- . to -
Glasgow, Kilmarnock, fa Ayr 50 - to -
Do. Preference Consolidated - •- - - - to
-
8A
Great Northern l9 • • I / A... to -
Do. % A Deferred ..... -
Do. 1/ B 6 per Cent. Guar. 6% 4 to -
Do. Extension .... ..... ..... 2%.. ... _ to -
Gt. South. & West. (Ireland) 42% - - to -
Great North of England 100 22s -
Ditto, liew 401. 4O -
Ditto, ditto .... ........... 25 - ...... to
Ditto, New 301. ........ - ..... 30 _. - to
-
Ditto, New 151...... ... ...... 14 ___ - . to -
Great Western .................. 90
Ditto, Half Shares ..... - ..... 50 • - ...... to -
Ditto, Quarter Shares ...... 21 •••••• 17
Ditto, Fifths .................. 20 -
Do. New 171.......•......... 13 .. -
Huddersfield and Manchester 30 .. .7. - -
Dittc, hirds .................. 10 ...... - -
T
60 .«... 99
hull and Selby ..................
Ditto, Half Shares .. ...... 25 ...... 49% to -
Ditto, Quarter Shares ..... .. 12% ...... .- -
Lancaster and Carlisle.... ... 50 -•-... to -
Do., Thirds...-. ...... lO -
Lancashire and Yorkshire ... 93 ..... - -
Ditto, ditto - to -
Ditto Half Shares ...... ... 43 - ....•• to IME•
Ditto Quarters 17% ...... 103/4 to -
Ditto Fifths lO -
Ditto Sixteenths ..-....... 614...... - ... to -
Ditto Thirds (Keg.) - to -
Do., New Guar. 6 per cent. 7%
8%
' to -
Do. Liverpool and Bury... 43 _ . -
Do. (Hudders. and Sheff.) 43 - to -
Do., W aketield, Pontefract,
and G001e....... .. ....... 50 - . to -
Do., West Riding Union... 7 ...„ . - -
Do., Preston and Wyre ... 25 ...... - .. -
Do., do., Half Shares (A) 9% - to -.
Leeds and Bradtord ............ 50 ..... - ... ,to -
Leeds,Dewsbury,& blanches. 50 -
Do., Half Shar -
es .... . ...... . 25 ...... - -
Ditto, Blue (scrip) ..... ..... 2% ...... --
Leeds and Thirsk ........ .. . ... 50
Ditto, New ..... -,... ...... .. 35 • - ....••• to - •
Do., do.,Prefer., 6 per Cent. 3% --' ....- to .....
Liverpool.Crosby,andSouth- -
....
Dort 3% ...... 0
- •. •• 1/ .....
.verpool, Manchester, and
Newcastle Junction. ...... - . ..... to -
London {k 131ackwall ......131.65. 8d.... - -
Do. Extension ........ -..... 22%. - -
Loud., Bright., & South Coast 50 30% to 311
Do. Guaranteed b per Cent. 9 ....••-- -
De. Prot. Cony. 5 per Cent. 50 ...... - ••• -
Ditto, ditto 1852 50 ..... ..- -
Do., New, guar. 6 per cent. b ...... -
1 ,ondon and Greenwich... 12/. 15s. 4d... - .•• -
Ditto Preference lBl 17s 2d... -.-.. to -
London & North Western.....loo ...•••122% ,to 123
Do. Quarters (L. and B.) 22 - -
DI. New - to -
Do. Fifths -
Do. 40g. Shares.....L. & M 25 ...... - -
Do. 10/.... M. and B. A. 9 .... . - -
Do. 10/. .. M. and B. (B.) 9 - to -
Do. 10/. ... M. and B. (C.) 1
London and S. Western...-. 50 .. - -
Ditto, New 50/........ .. ..... 42%...... - to -
Ditto, New 401............ .. 34 - to -
Do. Tenths (Consolidated) 50 ..-.. - -
Do. Tenths (Consolidated) 40 - -
Ditto. Thirds ... ........13/. 6s. 8d ... - ... .. to -
Do., New Scrip, 1848, Pref.
7 per Ct. on Deposit and .
5 per Ct. on Calls ... ...... 5 .- - ..... to _
London, Salisbury, & Yeovil 1% - ...... to -
Londonderry and Coleraine... 283/4 -
.to -
Londonderry and Enniskillen 27% -..•.. to -
Lelvestott (guar. 4 per cent.) 20 - ..... to -
Ditto (guar. 6 per cent. ... 13 - -
Manch. Buxton, & Matlock 4
Manchr, Sheffield, and Linc.loo -
Ditto 1/4 Shares (No. 1) ... 18 - -
Ditto, ditto (No. 2) 25 - to -
Ditto, % iiiharea (No. 3)... 19 ...... -- -