The Sun.
London, England, 1846-02-23 00:00:00

ltioxinA2/111t

LONDON, MONDAY, FEi',IIITARY 23, 1846.

o the banks of the
n by the Overland
The details of the three days' fighting
Sutlej, and the important results brought
HaAnd decided
a the
Mail, will be read with no ordinary interest,
gards the actual position of the two armies,e t-, though as re-
victory obtained by the forces under Sir H.
add little to our previous intelligence in thDelwan' they
accounts
brought by the previous mail. We knew that there had been
several battles, that the little army under Sir J. Lrmun had
been in great danger, that our troops had suffered se-
verely, but that at last they had prevailed, driven the
enemy from all his positions, and captured the greater
part of his artillery. These accounts are confirmed
by the present dispatches, and taking all the circumstances
of these repeated engagements into account, we may safely
say, that in no instance has the bravery of the Anglo-Indian
army appeared in a more conspicuous light, or the skill, per-
severance, and energy of European commanders, as compared
with those of the Seikhs, ever been so completely placed be-
yond doubt. The army of the Seikhs mustered, according to
different accounts, from 70,060 to 80,000, with from
12D to 140 guns. The British forces consisted of not more
than 20,000, of which only 6,000 were Europeans--they bad
no large guns, the highest calibre not exceeding six
pounders; the British fought' in' detail as they
must
necessarily have done from their position and
the wanton and unexpected attack of the Seikhs with such
numerous forces, yet notwithstanding all these disadvan-
tages they gained one of the most remarkable victories of
the age. The accounts, far as can be gleaned from the dif-
ferentorts, make the Zikh ,
vrishacknowledge the lose of
.9,000
killed ranepfil 30,000 wounded, with loss of 90 guns, many of
them of large calibre. Tkeßrit is estimated at 4,000 al -
Itiotgedethaner,dinswielucc;itnugalrat Maimed wounded,bau_d__.o. with about;6o officers
°I WW/44 Vl' such a rut 1914 ca

our side shows the furious attack of the enemy, his strong
force, and above all his superiority in guns, for by these chiefly
was the greatest havoc committed. The division under General
LITTLER suffered most, because it was first exposed, and
could not be supported in time by the other divisions still at
a distance, but they fought manfully, else, even with corn-
mou generalship, they must have been utt Ay destroyed
e principal loss of general Dicers i'.deLd took place in
that quarter, and among the rest who fell was the
gallant Sir ROBERT SALE, whose name has been long
celebrated in India, made immortal by his deeds in Affgha-
nistari, and still more ennobled by his firm and high-spirited
conduct on this occasion, when he sacrificed his life to stem
the torrent that was pouring, unexpectedly, upon the British
army. Some of the Indian journals, as well as private
letters, blame Sir HENRY HARDINGE for allowing himself
to be surprised, and risking the utter destruction of his forces
by being beaten in detail. We have not sufficient informa-
tion yet to decide this question, but, as far as we can judge
there is no real ground for the charge. No war had been de-
clared between British India and Lahore ; no
hostilities, in fact, had occurred till this sud-
den irruption. The Governer-General had given
no provocation, and the responsibilty of the con-
test and its results therefore rests entirely on the Seikhs.
Had he concentrated a large army on the banks of
the Sutlej, and threatened to invade' the country
the case would have been different, and the
character of England would have appeared in a
very unfavourable light. The obloquy of commencing
the war must have fallen on us, and besides what would
have been the result? Possibly for a time the two armies
would have remained watching each other, till a collision
took place, but still England would have been in the wrong,
and we doubt much if a more decisive victory could
have been obtained. The Seikhs have lost all their
guns, their main strength ; they are divided among them-
selves, and many of the authorities of Lahore, and many of
the Seikhs troops also will in the end join the British. The
next mail will bring accounts of the entry of
the British troops into the Punjaub, and probably of the
occupation of Lahore, the capital. One of the India papers,
not much disposed in general to show any partiality to the
army, thus praises rather than blames the policy adopted
by Sir HENRY HARDINGE :—"That the Governor-General was
in some degree taken by surprise—that he was at all
events wholly unprepared for the advance, in the form and at
the time in which it occurred, of the Seikhs
beyond the Sutlej—is sufficiently apparent. Nor is it
at all wonderful, or in the least degree censurable
that it should be so. The army assembled along the
frontier was quite sufficient to deter or drive back irregular
bands of marauders; and that more than these should have
assailed us, no reasonable or reflecting being could have
imagined. The Lahore Government, indeed, by pushing on
its army, drew down on themselves the consequences they
were above all things anxious to avert, and
placed their country at once within our grasp—
the people now and for ever at our feet. Should
we permit the Seikhs for the present to rule -over it,
it must be under such circumstances and conditions as to
leave it completely at our mercy whenever it may
suit us summarily to deal with it. We lament the fear-
ful loss of life that has occurred, and hardships that have
been endured, but beyond this our regrets for what has
happened scarcely extend ; and we most heartily rejoice
at the unequivocal evidence we possess, that from no
threat—no act of intimidation on our part—no casting
an eye of covetousness' on the possessions of our neigh-
' bours—has the country of the Five Rivers been placed at
our disposal." Looking at the position of affairs altogether,
therefore, we believe that the Governor-General has acted
in accordance with his instructions, and that though the
troops have suffered severely, it was better to act en the de•
fensive than begin a war without just cause.

The debate on the Ministerial proposition for the re-
peal of the corn.laws has now continued for a fortnight.
There is not a Protectionist who does not admit that
his case is hopeless. Protection has been tried, con-
demned, sentenced, and delivered up for execution; but,
like Prior's thief, who
" Now fitted the halter, now traversed the cart,
And often took leave, yet seemed loth to depa t."

it would fain delay its inevitable doom by talking
" fustian." The burden of the Protectionist song is appeal
to the people: The people, as contradistinguished frem
the aristocracy and their serfs, have been appealed to by
the League. On- the 23d of December, 1845, the
League appealed to the people of England, and said
we want a quarter of a million to be raised within the
next twelve months, in order to enable us to carry on
the agitation for the repeal of the corn-laws ; and with-
in somewhat less than half a quarter of the time the
answer has been upwards of 168,0001. ;
that is to say, in less than four months
the League will have what they asked for
as the supply for twelve months, and we can assure the
Protectionists that if the League choose to draw a bill at
twelve months on the people of England for one million,
instead of for a quarter of a million, the bill will be ac-
cepted and honoured. It has always been the character-
istic of " Jonx BULL: to be very chary of his cash—
" Keep your hands out of his breeches pocket,"

says BYB.ON ; but the League has applied the breeches
pocket test to John Bull, and, so far from grumbling at
them, John, who has at length learned to discriminate
between his friends and his enemies, has manfully
unbuttoned his breeches' pocket, and said, " Gentle-
men, help yourselves." The Anti-Corn-law League,
within less than two months, have raised
upwards of 165,000/. This is a great fact,
which cannot be gainsayed. The names of the sub-
scribers, with the sums which each has subscribed,
appear in another column. The men who conduct this
movement are earnest, energetic, firm, moral, high
principled men,

—" Who know their rights
And knowing dare maintain'

Men who rate at their true value the threats of
such blustering incendiaries as the Duke of Ricizt-
MOND, but who, should any dupe of the Noble Duke
attempt to give a practical illustration of his aphorism,
that " cotton will burn as well as straw," would not be
deterred by any fear of infringing the privileges
of the House of Lords, from including his
Grace of RICHMOND in the same indictment
with his dupe, and giving in evidence his speech in
the House of Lords as proof of his malus animus. It is
admitted on all hands that the Ministerial measure will
pass the Commons. It is doubted whether it will pass
the Lords. As strict constitutionalists—as supporters
of the principles of our mixed Government, of which the
aristocratial element is an essential part, we beseech,
we implore the Members of the House of Lords not
to reject this measure—not to stand between the people
and their food. Let them recollect the Reform Bill.
Three times did they reject that measure, and at length
they were forced to pass it. They must ultimately
repeal the corn-laws. The measure—the simple measure
of repeal, this mere (not act of justice, but) undoing of
injustice that it is, would now be accepted by the people
as a boon. If the Lords reject it, let them beware.
The division will be analysed, and they may have a Bill
for the total and immediate repeal of the corn-laws
returned to them, accompanied by another Bill for the
reform of their Lordship's own House. No unconstitu-
tional scheme of abolition—no chimerical scheme of
reform, but a simple measure for preventing those from
giving judgment who have not heard the evidence
in the case. What would their Lordships say to this
Bill abolishing voting by proxy ? Many facts might be
given in evidence to show the absurdity and the in-
justice of the present system. For instance, the late
Lord SIDMOUTH voted by proxy in the House three
hours after his death. Lunatic Peers have for several
sessions voted by proxy while they were lunatics.
Nay, even a. felon Peer (the case of Earl FERRERS, in
1759, is a case in point) might vote by proxy up to
the hour of- his execution, or perchance, as the law
knows no fractional part of a day, up to twelve o'clock
at night of the day on which he was hanged in the
morning. There are many other of the Peers' privil ges
which on investigation will be found to be equally
absurd, and contrary to the dictates of common sense.
Let them, therefore, afford a quiet passage to the law
repeal through their antiquated chamber, and not, by
fruitless resistance, court a struggle, which will disturb
the venerable dust on their floors, and may destroy
many an ancient and time-honoured cobweb.

Despite the interference—the rash and unconstitutional in-
terference—of the Duke of NEWCASTLE, despite the autho•
ritative protest of the father, despite the voice of deprecation
which issued from the ducal retirement of Clumber—Lord
Luicoug presented himself upon the hustings of Newark on
Saturday night, and, according to the show of hands, was
re-elected the representative of South Nottinghamshire.
Though we would be the last to desire any family quarrels to
date themselves from the glorious struggles for freedom of

commerce which are now visible in this country—though we
pression in embrollingpatieeslse not to aid by
so nearly allied as the two noble
are as desirous as any one
personages above mentioned cannot but rejoice that the
:frig°, we directed attention, has
manifeAo to which, three days one single ex-
.coming forward as a tho-
rough advocate for the abolition principles,
of the strawberry-leaf aristocratpsnehiPeles. The Quixotism
RICHMOND, and MARLBOROUGH, and
to imply the impossibility of any greatZr"m, seemed
dig:ittr:egance
on
the part of those haughtiest of hereditary
however, his Grace of NEWCASTLE, fired with V. patriotic
oppose the expressed prerogatives of Englishmen by die_
tating to a constituency the merits of this candidate and the
demerits of his opponent, all the previous achievements
of his fellow-autocrats wither into insignificance. Although
ght have been first excited by the
a contemptuous laugh mi
half-whimpering, half-frenzied language employed by his
chuckla Inv have ensued
Grace, although a momentary
upoa a first perusal of that most unscholarly and. un-
dignified proclamation, our sincerest disgust was excited I
17 the gielfghueos which cu1t4090,(1 fyeri adjective? tho

rancour which burnt in every verb, and the marvellous
effrontery which pervaded e7ery sentence of that impolitic
and ignoble letter. Resolved npon out-doing the former
feats of the ducal phalanx, the Lord of Clumber charged
his blunderbuss to the muzzle, at the risk of an explosion
which which might materially damage hitni:elf. Not ?n)aten seth
the questionable notoriety of tampering, _
manner, with the return of a Parliamentary cham-
pion ; not content with giving his implied patru_
i a ret
age to a corn-law candidate, by fastening, as it were•
to his canvassing-book a guarantee of his approbation in the
jovial person of his agent—my " Lord Duke " must violate
all decency in characters legible to the multitude. He is
scarcely satisfied with the renown of invisible interference—
he must proclaim his culpable movements with foolscap and
goosequill ! Oratory has asserted the immunities of a landed
oligarchy; literature must be taxed for the same heroic
purpose. A. boon to the few must be preserved by
a continuance of an injustice to the many: what
so appropriate for the enforcement of this necessity,
as bad grammar, bad humour, bad taste, and bad policy ?
Were there not undukely systems to bolster up and
perpetuate ?—what so appropriate for this purpose as an
exhibition of avarice and fury equally undukely in its na-
ture ? Were there not ungenerous measures to retain ?
what so appropriate for this purpose as an effort equally
ungenerous ? Were there not laws most unnatural to preserve ?
—what so appropriate for this _purpose as an interposition
equally unnatural? But an action so diametrically opposed
t o the general temperament and sympathies of our countrymen
was impossible to receive their approbation—its failure was
doomed in the very moment of its germination—it was null
and imbecile in the very senectude of its concoctor. Imme-
diately upon its publication we felt assured that
Lord Lricor-ror would derive much benefit from it instead
of any actual detriment ; this -conviction has been
confirmed by the proceedings of Saturday around
the hustings of Newark. Far from sympathising,
as some unprincipled or small-seeing individuals had hinted,
in the woes of a contemned parent, we would undertake to
vouch that most of the tenant-farmers present experienced
only a gush of pride at the manly and unselfish conduct of
Lord LINCOLN. It would be frivolous to argue upon the de-
ference owing by his Lordship to a paternal interdict ; that
deference we doubt not for a moment is rife in the bosom of
the Noble Earl. But upon that interdict it is
preposterous to expect his Lordship to act. Lord
LINCOLN is not surely in his political babyhood;
he is not surely a consumer of electioneering
rusks or Parliamentary tops-and-bottoms ; the legislative
candle-cup is not surely the medium of his nourishment ; a
ducal bib is not surely the fitting garment for a full-grown
Member of the House of Commons. Such an interposition
as that of his Lordship's father is as unseemly as it is most
irretrievably ludicrous ; and we conceive that Lord
LINCOLN, by the taciturnity he preserved on the hustings
as to the appearance of that precious document, acted
most judiciously : abstaining by that silence from any al-
lusions to his parent, while, by so doing, he tacitly pro
claimed his independence as the candidate of an enlightened
policy. If there were sufficient time, we would urge the
electors to confirm the noble position thus maintained by
Lord LiNcomi ; and by the numerical eloquence of the
polling booths, proclaim to the Duke of NEWCASTLE the
folly of printing squibs at the instigation of any member of
the Peerage, as well as the triumph which must ever attend
just laws and progressive opinions.
If I

We have received Madrid papers of the 14th and 15th
inst. On the 14th the Senate met, when General SERRANO
read the decree appointing NARVAEZ Commander-in-Chief
of the army, and asked for some explanations as to the duties
of that Alice. General NARVAEZ wished to speak, but the
President interrupted him, and informed the speaker that no
answer could be given to the question in the absence of Minis-
ters, and the Chamber adjourned. On the 15th the Council
of Ministers assembled, and remained several hours in delibe-
ration. After a long discussion relative to the question put
by General SERRANO in the Chamber of Peers on the previous
day, it is said that Ministers declared the title of Com-
mander-in-Chief merely honorary. NARVAEZ, however,
will not rest satisfied with a merely honorary title ; a contest
will, therefore, immediately take place between him and the
new Ministry, and we should not be surprised to hear in a
few days of its dissolution. The appointment has created
much anxiety at Madrid, for a general belief prevails that
unless NARVAEZ is controlled by the Ministry, he will at
once assume the powers of. a Dictator.
On the 14th the Three per Cents. closed at 321 at 60
days. The Five per Cents. were not quoted.

The most striking feature in the Paris Papers continues

to be the intelligence from Algiers. Every mail brings

more disheartening news. The Government papers assert
that the accounts have been greatly, exaggerated. We,
therefore, can draw no conclusion as to the real state of affairs,
and consider it best to give extracts from the different pa-
pers, that our readers may judge for themselves. The Con-
, stitutionnel says
"The appearance of Abd-el-Kader in the province of Algiers within
' a few hours' march of the capital is unfortunately confirmed. The
ex-Emir had been preceded, and his approach announced, by his
lieutenants Bert Salem and One of the many Bou Mazes. Both of
these were beaten, and their followers dispersed. The Bou Maza
was defeated by the Beni Ayssis, in the -environs ef Denys, to
the east of Algiers. But there had been too much haste in
hoping for the end of the agitation which their presence had created.
They had scarcely disippeared, when Abd-el-Kader. having passed
through the defiles of the Atlas; entered the province of Algiers, and
fell suddenly upon the tribes of the laser, whom he made pay dearly
; for their constant fidelity to the French. The plain which this tribe
inhabited was ravaged throttgliout by the cavalry of the Emir, on the
bth and 6th inst. A sniall detachment from the Marshal's column,
which crossed the plairi a few -days after, states that it bore all the
/ aspect of a desert. The people, driven away, fled to the neighbour-
ing tribes, filling them also with affright. Several of their chiefs
fell into the hands of Abd-el-Kader, and were mercilessly decapi-
tated. The Marshal, following the traces of the Emir, has moved
from the west to the east of Algiers. He was in the environs of
Boghar to the south-Svest, and he is every moment expected
on the plateaux of Hamza to the east. If the Emir was at
the head of regular triops, this move of M. Bugeaud, would take
him in the rear, and drive him between the sea aid the column of
General Gentil, which closes the defiles of the Isser—while General
Yousouf, on the other hand, who has been sent in pursuit of Abd-el-
Kader, with 600 cavalry, must, it appears, drive his 500 or 600 horse
back epos the forces of the Marshal or General Gentil. But can
any success be koped for, even of the best combined tactics, against
an enemy so evanescent ? Many military men consider the sally
made by Abd-el-Kader towards the very heart of our colony. and al-
most within sight of walls of its capital, was an act of the utmost
audacity that may be fatal to him. In fact, he seems to have com-
pletely involved himself is a position surrounded by the Marshal on
the south, General Gentil on the west, the sea on the north, and
General Yousouf in close pursuit of him ; so that he has nothing left
but to continue on his way to the east and throw himself into the
province of Constantine. To any other than himself such a move-
ment would be impossible. The province ef Constantine has long
been worked upon by his emissaries. It is much agitated by his ex-
pected arrival."
The Messager of Saturday contradicts to a certain extent
these statements :
" Yesterday and to-day reports were circulated in Paris calculated
to excite uneasiness as to Algeria. We are authorised to contradict
them. The Government has received no other dispatches from Oran
and Algiers than those which have been inserted in the journals, and,
far from conceiving any alarm for the environs of this last-named
city, there is every reason to believe, en the contrary, that it was the
appearance of Ben Salem on the Isser, that gave rise to the belief
that Abd-el-Kader, deceiving all the columns in pursuit of him, had
approached Fondouk. Only one report has arrived since those which
have been published ; and this gives complete assurance as to the
province of Constantine, the population of which is represented as
disposed to give a bad reception to the ex-Emir, should he venture
to appear among them."
The Journal des Debats, however, is more cautious, and
does not to any extent confirm the assertions of the Messager.
It in fact rather takes a gloomy view of affairs :---
"The following is what we can gather of Abd-el-Kader's Move-
ments, from the confused accounts given in the journals of the
colony. Let it first be that Ben Salem, the Khalifa of
the Kahyles of the Jurjura, for Abd-el-Kader, made on the sth an
unexpected irruption ou our allied tribes on the right bank of the
loser; that he-was beaten on the 6th by Colonel Blangini ; and
surprised on the ith in his camp by General Gentil, who had crossed
the Isser, on the news of Box Salem's attack. Two days after, Abd- '
el-Rader, arriving from the desert by Ilamza, crossed the laser below
the bridge of Ben IBM, ten leagues from Fondouk and twenty
leagues from Algiers, but in place of pushing forward on the road
of Fondouk, he de,cended the course of the river on the left, and fell
like a thunderbolt on the tribes inhabiting the tine plains of the Isser.
These tribes are exceedingly devoted to us. They submitted in 1841
without making any opposition ; they have always been well-treated;
and, having gained much money with us, were in the enjoyment of
remarkable prosperity. Abd-el-Kader and Ben Salem have ravaged
them In the most cruel manner, burning the douars and villages, cutting
down the fruit-trees, taking with them all the cattle, and, in addition,
cutting off the heads of the principal chiefs. It is a cause for asto-
nishment, that A bd-el-Kader has thus advanced Into the plain of
Isser, notwithstanding the recent disaster of Ben Salem. It is not
easy to conceive why General Gentil was not within reach to pro-
tect these unfortunate tribes. In these circumstances two battalions
of the national guard were called out ; 500 men, undergoing punish-
ment for military offences, were armed; and, finally, General
Yousouf set out Fondouk with .500 or 600 horse. The Governor-
General, General Bedeau, General Morey, General d'Arbouville,
manoeuvred simultaneously to oppose It, and the Emir, in some
measure, passed in tile midst of them, and left the whole force
far behind. General Gentil, whom a wise provision had placed
at Oued-Corso, was not there at the moment when the pro-
vision in question was realised, and his advantage over Ben
Salem turned fatally against us and our allies. There was also a re-
serve at Blidah at the commencement of the campaign, but General
Comman had a short time back received orders to quit Blidah with
it and proceed towards Mederib. Orders hive been sent to him to
return in all haste to Blidah. - Col. Eynard, who commands at Or-
leansville, has been summoned to the province of Algiers, to Milianah,
whence he will descend into the plain if necessary. The circle of
Algiers, which was altogether undefended, ought, therefore, to be at
present sufficiently protected to prevent the enemy from penetrating
there. These great perturbations, caused by a leader at the head of
only 600 or SOO horsemen, lead many persons to suppose that
it would answer better to endeavour to defend or com-
mand for the moment only certain regions, the most
important round our positions, reserving to a future moment to
chastise the distant tribes, in place fof wearing out men, horses, and
materiel In running after Alxl-el-Kader wherever he chooses to lead
us, and where we follow with difficulty, without any probability of
ever being able we
come up with him, and bring him to action. The
inland districts well guarded ; two moveable columns on the line of
our torts on the desert and an expedition on the Malouia in Mo-
rocco, to overturn the political establishment which he endeavours
to found there, is the plan, it is said, which has teen proposed for
this year. No news of Abd-el-Kader had been received at Algiers
on the 12th, since his razzia at the Isser, executed on the 10th at
day-break, but it was said that General Gentil had returned to Oued-
Corso the same evening." 1

The Presse contains the following remarks on the ruinous
policy pursued in Algeria : _
Algeria has cost us already more than a milliard (40,000,0001.
sterling), and the expense it costs us is only our least objection. The
most serious is that it prevents us from accomplishing many other
objects. It prevents us from reforming the vicious and expensive
organisation of our army. It prevents us f. om allocating 100,000,000 f.
a year to the reduction of taxation, which would add to the receipts
of the Treasury by increasing its pro 'uce. It prevents us from
executing public works which would enrich the country,
and front making improvements in the administration of
affairs, which• would give durability to our institutions.
Algeria is manifestly intended to perform an all-important
part in the first conflict that shall disturb the peace of Europe, and
decide the fature prosperity and independence of France. It becomes
ne3essary, therefore, that we should desist from our sterile discus-
sions and our miserable rivalry,-to occupy yourselves with our African
possessions, and for this purpose we require to be roused by the ac-
count of some unfortunate disaster, or by a dispatch containing the
account of soma revolting and unnecessary act of cruelty 1 To what
conclusion will such a course lead us ?"

Notwithstanding these sinister accounts, the French funds
continue firm.

The Three per Cents.- closed -on the• Paris Bourse on Saturday at
841. 65e. ; the rive per Cents , 123 f: 40c. ; - the Orleans Railroad
shares, 1,320 f. ;"- Rouen; 1,047 r. 60c. ;- Great- Northern, 773 f. 75c. ;
Havre, 740 f.; 'Avignon, 1,007 f. bac.; Vierzon, 710 f.; Bordeaux,
652 f. 50c.; Boulogne, 547 f. 50c.; Troyes and Afontereau, 450 f, ; Basle,
:—Lyons and
2531. 75e. ; Dieppe, 477 r. 50c. ; titrasburg, 5551.; Tours and Nantes,
5911. 25c ; Spanish fassivesq,u'66st4.ll.lnr
feeertlecthDeerbtl,i3.2._
Avignon he
uf°(lll.°. adw iliao4bntati )eac
56017ffe: ;5 Ditto;e
ppi(tiLttortorliexpflat.
icp):,ite,vseo))s, 'Dittoi,e t
rr(,dCeroti
MOP
ta
PK7 11 ) -CAQU PeligUatf 09#,
(alid3Cattt:ls (iitEACii,6si4;:e;),*s(4f.s(oe.

aEnsspealnedta:i2erzuo_nD,
mAagErViEs, FEB. 16.—Marseilles AND Avignon, 982 f. 50c.
LiosS, IFEE. 19.—Paris and Orleans, 1,226 f. 25c. ; Paris and
BUSINESS DONE IN FOREIGN RAILWAYS AT THE
7u2tsch. Rhenish, 63% —groat
LONDON STOCK EXCHANGE, FBE. 21.
Boulogne and Amies, 11% Bordeaux, Toulouse, and Cette
iOt trol 6(
Rooluaectki,enzi3Oibelf2. 2i/651.
D;
Northern of France Constituted, 15y2—Great Western Bengal,
—Luxembourg, 2 —Paris and Rouen, 401
; —Roden and Havre, 30—
Sambre and Meuse, 536—West Flanders, 4%.

rifoev6em°°elntOninSathture dmararwkesrt,
-"1- MONEY and COMMERCIAL NEWS.
CITY, QUARTICR TO THREE.
e awbietehta6li,togoe
The itul7
bsaleLl trle'rdemau'
iert_the principal sake were to the trade.
PeTehueaint intelligence _ma from the East Indies this morning, in
gence reee Mail, has been the subject of almost
anticipation of the Overlent& .
eof,7c:totoomneatim,Lip
exclusive conversation in the City ...along .the merchants, bankers,
and others. And there is an unanimous kiln; of regret expressed
at the -7great loss of life that has occutted In the great
battle between the British and the native troops and
the Seikh army. But, -above all, the death of General
Sir Robert Sale, who died on the field of battle. The full details of
the information that has just comets, -hind Will be found in another
part of The Sun; of -course the private commercial letters have
not yet come to hand, and there is not anything known upon mer-
cantile affairs beyond that commnuicated through the medium of the
press of India of the condition of the general markets—Calcutta,
Bernbay, &c.
In the City this morning there are not any later advices at hand
from Canada, or other portions of British North America.
The Consol Market has been rather fiat this morning, probably
arising from the serious loss sustained by the forces in India. Money
is rather more in request to-day. Consols for to-morrow have
fallen from 96 to 95%, and for the Accoent from 96 to 957(} sellers.
Exchequer-bills are heavy at 375. premiun ; East India Bends at 38s.
premium ; the Reduced Three per Cents. at 96%, and the New
Three-and-a-Quarter per Cents. at 98.
In the Foreign Funds there has been comparatively little business
transacted this morning. There is at present scarcely any disposi-
tion to speculate in the continental or in the other bonds. The Five
per Cent. Brazilian Stock has improved (rein 82% to 83% ; the
Equador Bonds have fluctuated only frorn 3% to •% ; Mexican De-
ferred are at 16%. Portuguese Three per Cents. at 58 ; Spanish, at
27k ; Venexuela, at 45 ; and Dutch Two-and-a-Half per Cents. are
at 95 k
The activitydisplayed by the Various Committees appointed by the
House of Commons preliminarily to investigate the several railway
projects, in order to ascertain if the standing orders have been com-
plied with, is a matter of satisfaction in the Railway Share Market.
The sooner the fact is known how many Bills are likely to pass this
session the better. The market for Shares has not been good this
morning, as the annexed prices will show.

ONE CLOSING
BRITISH FUNDS. O'CLOCK. PRICES.
Bank Stock • • • • • • • • • • • • 208% 2084
Three per Cent. Reduced Annuities .. 96%1A 96%
Three per Cent. Consols Annuities 96 95%
95%
New Three-and-a-Quarter per Cent. Anns. 98% 97% 9S 98
India Bonds, 1,0001. • • • •
Ditto, under 1,000/. ..
Consols for Account • • • • •. 95%
Exchequer Bills. INd. • 134 d
1,0001... • •
5001... .•
Ditto, Small

37 - - -- pm.
pm.
-... pm.

ONE
FOREIGN FUNDS. O'CLOCK.
Brazilian Bonds, 5 per Cent .. 82% 83%
Buenos Ayres Bonds, 6 per Cent
Equador Bonds .. .
Grenada, 1 per Cent ..•Mexican Bonds, 1837, 5 per Cent ..
Ditto, Deferred .. 16%
Portuguese Bonds, 5 per Cent .. ..
Ditto, 3 per Cent .. 58
Spanish Bonds, 5 per Cent .. 27%
Ditto, for the Account .. 27%
Venezuela 'Bonds, 2 per Cent .. .. 45
Ditto, Deferred .. 14%
Dividends on the above payable in Lendon.
Dutch Two-and-a-Half per Cent • • 59%
Ditto, 4 per Cent. Certificates • • 95% i 4 9i.
PRICES OF BUSINESSCLOSING
PAID. DONE AT
PRICES.
RAILWAY SHARES. ONE O'CLOCK.
Birmingham and Gloucester.. ..100 .. 125 • • 128
Bristol and Exeter .. .70 •85 . 85
Caledonian •. 10 •• • • ••••• • • • • •
Ditto Half Shares .. . 2% •• • • 3% ••••• • • • • • 3%
Ditto Extension ... . • 21;4 % ........ 2%
Chester and Holyhead .. .20 •• • • 21/z %22 • • 22
Churnet and Blythe .. . 2 •• • • 1% ...... 1%
Direct Northern _ .... 2%
Dublin and Galway •4
. • 4% 4. • ...... 4
Eastern Counties .. .. 141. 16s. 21%%..• ~ 21%
Ditto New ..
Do. Perpet., 5 per Cent. No. 1. 6/ 13s. 4d. ......
Ditto, ditto, .. No. 2. 6/. 13s. 4d. %P • •
Ditto, York Extension ..- 105... ••- 1% %
Eastern Union _ _ 25- •• • • •••• • • • • •
Do. Ipswich & Bury St.Edmunds 6% .• • • 8% ••••• • • • •
Do. Extension to Norwich .. • • 2% ••• • •
East Lincolnshire .. .. . • 2% ••••• • • • • •
Edinburgh and Glasgow .. 50 76 •. • •
Ditto % Shares .. _ 5 ... • 16 ..... ••• • •
Goole, Doneast., and Sheffield, &c. 42z. 11A p. .•• • • •
Grand Union (Nottingh. & Lynn) 1% % .• •
Great North of England. . .. 100 ••••• • • • • •
Great Western .. 85 ...,150 ex div.

CLOSING
PRICES.
83%
40%
34
22%

3•X%

% p
1%

1 p
134
150
150 a d

_ .. .
Ditto, Fifths .. .. .. D ••• • • .33 x d
Hull and Selby .. .
Ipswich, Norwich, and Yarmouth 2- .. •• •• •• —•• • • 114
Lancaster and Carlisle .. • . 35- •• • • • • ...• .. • • 6614
Ditto, New .. _ .. .. 5- .... 10%
••• • %
Leicester and Birmingham -.. 225. .. •• % di' ..
Leicester and Bedford .... ... 1.. 225. .... % dis

London atm Birmingham , ..-. .100 ....222.220 ex div 223 x. d.
Ditto Quarters .. „ - .. 2 27 .. • • 27%
London wad Brighton .. - .. 50 65% ex div 65% xd
Ditto, Consul. Eighths .. .. 40 .... 55 54 53%
Ditto ditto Fifths .. .. 20 .. •• • 30
London and Croydon -..- 131. 15s. 9d. 22
Ditto, Guarant. Fire-per Cent. 9 .. ••••• • • • • •
London and Greenwich .. - 121. 15s. 4d., 9% 34
London and South-Western.. 411. 6s. 10d. 77% 78 77
Dttto, Consolidated. Eighths. 1 3
282
2421 .
Neer .. . Ditto,
London and York .. .. • • • • 2% •• • • 3%'A
Lynn and Dereham .. 5 .... 4% .
Manchester and Leeds .. .. 82
Ditto Extension ; . .. 425. .... 334 4% 13• •• •
Manchester and Birmingham .. 40 „ „„ „
Ditto, Quarter Share/4 (B) • • 2 .... 10 .
Ditto, Quarter Shares (C) 1 •• • • 7N
Manchester and Southampton '.. 2- %
Midland .. ..100 ....148 . .
Newcastle and Darlington Jmict. 25 .... 45 44

Ditto, New .. .. I .... 10%
Ditto, New, Brandling .. 20
Newcastle and Berwick .. .. 10 .... 22
Newry and Enniskillen % .. ...
Newark, Sheffield, and Boston .. 2% 1%
North British 17% .... 27%
Ditto, Dalkeith .. 25
Ditto, ditto .. .. 5 -
North Kent and Direct Dover .. 2% .........,
North Staffordshire . .. • . 425. .... p.
Norwich and Brandon .. 18 .... 26 xd.
Northmpton,Banbury,&Chelthm. 2 .... .
Oxfd.,Worcester, & Wolverhmptn. 12% .... 141,4
Preston and Wyre .. • • • • 25 .... 34% .........
Richmond .. 10 .. .....
Rugby and Huntingdon • • .. 2
Scottish Central .. • • • • • 7% ••..15 lq
Shrewsbury and Birmingham .. 2% 2y. 3 3
dis • ..... % die
sSoburothpsllitiirdel.Unndion .... 423. ....
425. .... 2%% p...... 2% p
South Eastern and DOYOr • • • • 333 A •• • • 3a 38%
Do., New (do. 300 • • No. 3. 10 ••• 11 „„ „ I
Do., New (do. 151.) .. No. 4. 2%••„ 3%.. 3, ,
South Wales .• • • • • • • • 5 •• ..
Teen and Dove.. Valley.. • • • • 1% •• • • 1 „ „
Trent Valley .. • • • • • • • • 5 •• • • 26%% •.,,.. 26%
Trent Valley and Holyhead June. „ .
Yorkcl
ualNof Shares
sdlan.d. !,20
Ditto, ..
48
Do. E. and W. Riding Exten.• • 1 10
10
FOREIGN RAILWAYS.
Boulogne and Amiens . • • • • • 10 •• • • 11N% 11%
Bord., Toul., & Cette (Mackenzie) 2 _
Ditto, ditto (Espelete) .. 2.. 2 : : : 2%
Central of Spal.Fn.
Dutch Rhenish • • -• • • • • • 5 •• • • 6%1,.
GErast.tNholdrtihan.
of
••••••••••
5 Constituted 52: 1..• %
Ixt
Louvain and Jentraen.p.c.pee %
' • " ..... •
Luxembourg •• •• •• •• 4 •• 2%%••••••••
Namur and Liege • • • • • • 4
......... n,
206 : : 41 o°l yi
OrleansPari
sn
da and
ulleonrd Bordeaux
MINES.

.C/16