The Sun.
London, England, 1848-08-09 00:00:00

certain existing course of circumstances should continue.
No doubt it is within the limits of possibility—nay,
it is far from being violently improbable—that such a
state of circumstances may again occur, under the Act
of 1844, as did occur in October, 1847. The recurrence
of such circumstances would necessitate another relaxa-
tion of the Act of 1844. It is, in fact, a fair-weather
measure, and will not stand when violent storms agitate
the monetary world. At such times its restrictions must
be relaxed. Its " self-regulating principles," as they
were in a spirit of preposterous vanity termed, must be
suspended. This being clear, it is, we think, equally
clear that the law should recognise, somewhere or ano-
ther, this suspending power, and that it should not be
necessary for the Government to violate an Act of
Parliament in order to save the country from ruin.
This is the predicament in which the Government is
left by Sir Robert Peel's Currency Law of 1844, that
vaunted " complement " to the Act of 1819.—Post.

MARKET INTELLIGENCE

(From the London New Price Current of Aug. 8.)

SUGAR.—To-day the market presented a firm aspect
for raw Sugar, notwithstanding the increased qunntity
brought forward, and shippers as well as home-trade
buyers were desirous to do business. The demand was
active for West India Muscovado, both for the
pan and scale, whilst the rates paid are fully equal
to those of Friday, and for all sorts. At public
sale 197 hhds 14 tierces and 146 barrels Barbadoes went
upon full terms, and all sold—fine yellow realised 425,
good middling and good 40s to 41s, middling 38s 6d to
39s 6d, low 37s to 38s, and brown 365; 534 hhds 36
tierces and 91 barrels Trinidad were disposed of at and
after the sale upon full terms—good yellow fetched 395,
middling 37s 6d to 38s, low 36s 6d to 375, good and fine
brown 35s to 36s per cwt. The total purchases to-day
reach 650 hhds and tierces.

REFINED.—To-day refined goods met with less atten-
tion for home-trade purposes, and prices are not sup-
ported; brown grocery lumps selling at 53s to 53s 6d,
sad to pass the standard 545; bonded crushed Sugar is
wanted for exportation at 26s 6d to 27s 6d.
MAURITIUS.—This afternoon Mauritius Sugar was in
excellent request; and two parcels offered at public sale,
amounting to 90 casks and 1,640 bags, sold upon full
terms: fine yellow went at 403 to 41s, good 393 to 39s
6d, middling 37s 6d to 383 6d, fine brown 365, washed
and syrupy 36s 6d to 40a 6d, brown ditto 28s 6d to 34s
7d per cwt.
EAST INDIA.—This afternoon the market was much
better supplied with Madras Sugar. The quantity of-
fered at auction amounted to 7,030 bags, still the whole
sold upon lull terms. Bengal is wanted, and 1,473 bags
went at the full worth.

FOREIGN.—To• day there was no public sale of Fo-
reign Sugar, but privately several inquiries existed, arid
two cargoes of yellow Havannah were sold afloat at 18s
to 18s 3d per cwt. for low quality.
COFFEE.—This afternoon the public sales of 2,035
bags and 7 casks Ceylon Coffee went off flatly, and a
small part only sold at barely former rates; 35 bales
Mocha sold at better prices; fine clean yellow at 65s 6J,
middling 525, and damaged 40s to 61e per cwt.
TEA.—There is less activity in the market, which is
to be ascribed to the announcement of the public sales.
Holders display firmness, and insist upon full rates for
all sorts. None has been imported since this day week.
Congou of ordinary clean quality cannot be obtained
under 8d; Hyson ls, Gunpowder Canton ls, and Im-
perial 10d per lb.
RICE.—To-day greater desire was shown to do busi-
ness in all sorts of Rice, and 3,581 bags Bengal at pub-
lic sale were nearly all sold at an advance on former rates
of 6d per cwt. Of Sago Flower 1,158 bags were all
taken in at 15s for good, but damaged sold at 8s 6d to
13s 6d ; 47 bags Borneo Sago withdrawn ; 105 pkgs of
Arrowroot in part sold.
SPICES.—To-day at public sale 405 pockets of Ma-
labar Pepper sold at id per lb advance—fine heavy
clean brown realised aid to 34d, and damaged 21:1 to
aid; 15 cases Nutmegs sold at stiffer rates; 190 bags
of Zanzibar Cloves taken in at 7id; 21 brls Jamaica
Ginger sold at 54s to 80s for ordinary and middline
32 cases Calicut ditto taken in at 66s to 70s for bold;
and 32 bags Barbadoes at 30s to 31s 6d per cwt.
SPIRITS.—To day there was less activity in the Rum
market, and prices are not so firm. Proof Leewards can
be obtained at is 8d to Is Bid, East India is 5d to Is 6d,
and Jamaica low to fine 28 to 38 overproot, not high
flavoured, 3i 3d to 4s 3d per gallon.
SALTPETRE.—A material increase has taken place in
the demand for Rough by private treaty, and we have to
announce a rise in prices of 6d per cwt. On the part
of merchants there is firmness, and the market has been
less freely supplied, but some buyers continue the chief
operators. At auction 1,553 bags Calcutta were sold.
English Refined sells more freely at 28s 6d to 29s per cwt.
OILS.—For common descriptions of Fish Oils the
market has shown a brighter appearance, and on the
part of holders less disposition is manifested to sell. The
imports are not of much moment since our last report,
but deliveries are upon an enlarged scale. Southern is
much in request, and former rates are well sus-
tained. At auction 74 tuna were all sold at 221 lOs
to 25l 5s for ord to fine, and very low 2115 s to 221. Seal
has been largely dealt in, and a rise in the value is ap-
parent. In Cod several sales have been made at 241 to
241 ss, and at which rates there are not free sellers.
Sperm is brought freely to market, and holders are will-
ing to make a further concession in the value, still
buyers opetate with caution, and of 102 Inns
offered at auction a part only sold. For auction
20 tuns of Southern, and 100 tuns of Sperm are declared.
The purchases made in Linseed Oil are upon a large
scale tor home trade purposes, whilst several orders for
exportation have been concluded, and prices are firm at
22s 6d to 23s 6d per cwt. For forward delivery the
demand is good at 22s 9d. Rapeseed Oil finds a ready
sale at 35s 6d to 363 for pale, and 34s 6d to 35s for brown.
We have to announce a material improvement in the de-
mand for Olive, and an advance in prices. For Cocoa
Nut the demand is brisker, and holders appear less dis-
posed to press sales. Palm is held with firmness, and
there is a good trade. Lard Oil moves off slowly.
TALLOW.—To day there was less activity in the mar•
ket for Russian, and on the spot prices declined to 44s 3d
to 44s 6d for new, and to 43s 6LI to 44s per cwt. for old.

FROM THE LONDON GAZETTE

OF TUESDAY.
DOWNING-STREET, Auc. 5, 1848.

The Queen has been pleased to appoint John S.
Saunders, Esq., to be Clerk of the Circuits end Clerk of
the Crown on the Circuits, and George Botsford, Esq.,
to be Clerk of the Legislative Council, for the province of
New Brunswick.
FOREIGN-OFFICE, Ana. 5.

The Queen has been pleased to approve of Mr. Ho-
ratio J. Sprague, as Consul at Gibraltar fur the United
States of America.

FOREIGN-OFFICE, AUG. 7.
The Queen has been pleased to approve of M. Hip-
polyte Flury, as Consul at Malta tor the French Re-
public.
Commissions by the Lord-Lieutenant of Essex.
Charles Du Cane, Esq., to be Deputy-Lieutenant ;
Thomas Jenner Spitty, Esq., to be Deputy-Lieutenant,
July 22.
DECLARATION OF INSOLVENCY.
_

Samuel Glover, Park-street,Grosvenor•cquare, builder.
BANKRUPTCY SUPERSEDED.
Josiah John Craske, linen draper, Lowestoft, Suffolk,

BANKRUPTS.
John Gatrell, upholsterer. Lymington, to surrender
Aug. 17 and Sept. 25, at half-past one, at the Court of
Bankruptcy. Whitmore, official assignee, I3asinghall-
street; Barber, Furnival's Inn.

Joseph Hubbard, linen draper, Dorking, Surrey, Aug.
17, and Sept. 22, at eleven, at the Court of Bankruptcy.
Cannan, official assignee, Birchin.lane; Hardwick and
Davidson, Weavers% hall, Basinghall-street.
Joseph Peace Shuttleworth, mathematical instrument
maker, Birmingham, Aug. 22, at half-past twelve, and
Sept. 19, at twelve, at the Birmingham District Court.
Whitmore, official assignee, Birmingham; Ryland, Bir-
mingham.

Thomas Wakefield, merchant, Nottingham, Aug. 25.
and Sept. 22, at ten, at the Birmingham District Court,
Bittleston, official assiguee, Nottingham ; Parsons, Not-
tingham.
George Webster, licensed victualler, Hedge-row,
Islington, Aug. 18, at half-past one, and Sept. 22, at
half-past eleven, at the Court of 118nkruptcy. Whit-
more, official assignee, Basinghall street ; Hilleary,
Fenchurch-street. _ _

Thomas James Champion, boot and shoemaker, Tun-
bridge Wells, Aug. 19, at half-past twelve, and Sept. 23,
at two, at the Court of Bankruptcy. Green, official as-
signee, Aldermanbury; Scarman, Gresham-rooms, Ba-
singhall-street
James Crescent Shaw, carrier, Bristol, Aug. 22 and
Sept. 19, at eleven, at the Bristol District Court. Hut-
ton, official assignee, Bristol; Jones and Co., Crosby -
square; Peters and Abbot, Bristol.
James Steere, watch maker, Guildford, Surrey,
August 19, at one, and Sept. 25, at eleven, at the Court
of Bankruptcy. Green, official assignee, Aldermanbury;
Spyer, Broad-street-bu!dings.
David Turner, innkeeper, Sheffield, Aug. 19 and Sept.
30, at ten, at the Leeds District Court. Freeman,
official assignee, Sheffield; Moss, Sergeants'-inn, Lon-
don; Ryalls, Sheffield.
Charles Lowe Swainson and John Birchwood, manu-
facturers, Manchester, Aug. 21 and Sept. 12, at twelve,
at the Manchester District Court. Fraser, official as-
signee, Manchester; Pittendreigh and Co., Gray's-inn.
London; Baker, Manchester.

Thomas Gillespie Ferguson, Henry Taylor, and
George Frederick Mendley, commission merchants,
Manchester, Aug. 21 and Sept. 8, at eleven, at the Man-
chester District Court. Putt, official assignee, Man-
chester; Reed, Langford and Marsden, Friday-street,
Cheapside; Sale. Worthington and Shipman, Manchester.
(Dividends, &c., in our next.)

DUTCH MAIL.
AMSTERDAM, AUG. 4.—THE BoUßSE.—lnland funds
were more Hat at the opening, especially the Four per
Cents. Integrals were more favourable than yesterday.
Three and Four per Cents. improved partially. Rot-
terdam Railway maintained its rates. Spanish funds in
demand and improved in price. Portuguese more firm.
Austrian in demand at higher prices. Russian Five per
Cents. maintained their rates; Four per Cents. more in
demand ; for the rest no variation. The exchange
closing at higher rates is to be attributed to the higher
rates of the Paris Bourse. Discount, 3 per cent.
DUTCH FUNDS.—AIISTEnDAM. Ana. 4.
bloney. 13111 a
Aetnal Debt, 2% per Cent •••••• • • •• • 42% 431 i
3 per Cent •••••••••• •• • • • • • • 49\ 50%
...
DDlittro, 4 per Cent.• • •• • • • • • • • • • • • • •• 1, 67
Amort Syndic, 3% per Cent.......
Commercial Company, 4% per Cent ..
East India Loan, 4 per Cent
• Exchange= London, at sight
.• •••• • • • 11 95
Two months. •••• • • • • ...... 11 90

On llamburgh, at sight 35 25
Two mouths. •••••.• • •• • . • • 35
On Paris • • ..... • ... •• . • 56 62
TwOMOUth.S. •ee• o• • ••• •1 15 1?