The Sun.
London, England, 1851-08-18 00:00:00

LONDON, MONDAY EVENING, AUGUST 18, 1851.

THE FRENCH REPUBLIC;.

THE SHARE MARKETS

We have received the Paris journals of Saturday
and yesterday.
The anniversary of the birth of the EMPEROR was
celebrated on Friday, by the performance of high
mass at the Invalides, and by banquets given by
the Members of the Society of the 10th December.
Everything passed off quietly.
The Legitimatists of Toulouse having presented to
M. BERRYER an address thanking him for his speech
on the revision, the orator bas replied to them, but
in terms so guarded as to hare disgusted the more
advanced of the Legitimatist party and to have raised
suspicion in the minds of all.
M. DELARDAE, an Orleanist, has published a pam-
phlet advocating the candidateship of the Prince DE
JOINVILLE. On this pamphlet we find the following
observations in the Opinion Publique :
" A first pamphlet hat just appeared in support of the
candidateship of the Prince de Joinville. The author,
M. Delarbre, ex-representative of the Haute-Marne to
the Constituent Assembly, will have this timu the sad
honour of replanting the standard of the candidateship
of a prince of the House of Orleans to the Presidency
of the Republic. If the author of this pamphlet thinks
he has done anything new, he is mistaken ; it is long
since that M. de Girarciin has had the start of him in
speaking of the necessity or of the possibility of this
candidateship. If he has wished to favour Repub-
licanism, he also deceives himself ; thorough-bred
Republicans no longer wish for a princely candidate. If
he has thought to give a proof of devotedness to the Or-
leans family, we deplore his error. No one can honour-
ably propose to a relation the signature of a document
which tends to exclude the rights of all the other mem-
bers of the family, If, in short, M. Delarbre hopes
that the Prince do Joinville, as President of the Repub-
lic, may contribute to the re-establishment of the
dynasty of July, we would ask them how he could
so far deceive himself as to believe that the oath of the
future President can be religiously kept by the uncle
of the Count de Paris. It is impossible to more gra-
tuitously insult those we love or esteem. M. Delarbre
will find in us obstinate and resolute contradictors. We
have not opposed for eighteen years the falsehood of
Royalty concealed under the mantle of Louis Philippe to
willingly submit to the falsehood of Republicanism,
which would be wrapped up under the epaulets of a
Prince in whom the habits and manners of a sailor would
lead us to expect to find more pride and frankness. As
to frankness, we prefer the work of M. Tirel to that of
M. Delarbre. The ultra-revolutionary Orleanism of the
former proposes to us the abdication of the Count de
Chambord, to return to the royalty of the Count de
Paris; this was absurd, but at all events it was genu-
ine Orleanism. M. Delarbre is an Orleanist of another
kind—he is lined with Republicanism."

BRITISH RAILWAYS.

A manifesto of the Democratic Socialist Committee
of France, Italy, and Spain has just been published :
it is signed by LAMENNAIS, JOLY, MATnimu (de la
Drome), SCHCELCHER, BAUNE, BERTHOLON, LAS-
TERRAS, and blicnEn (de Bourges).
The Council of Arrondissement of Limoges
(Haute Vienne) having voted on August 5 a resolu-
tion to the effect that " the Constitution ought for
the future to receive its entire executicn, and that the
laws contrary to the Constitution, particularly those
respecting the right of meeting and the liberty of the
press, be repealed or modified," the PIESIDENT of the
Republic has issued a decree declaring such resolu-
tion " to b© at the same time illegal, insulting to the
great powers of the State, and calculated to unduly
interfere with the rights of the Legislat.ve Assembly ;
and, in consequence, such resolution is declared to be
null and of no effect.

The trial at Lyons still continues.
The Five per Cents. were done on she Boulevard
at 951. 80c.

BOSUN ESS DONE IN FOREIGN RAILWAYS AT THE
LONDON STOCK EXCHANGE, AUG. 16.
Luxembourg, 2%—Northern of France, .41,E—Paris and
Rouen, 24 t 4 ex div.— Sambre and Meuse, 31A—Toure and
Nante3, 6%.

SPAIN.
Madrid journals of the 12th have arrived.
The Budget Committee bad not once assembled
since the prorogation of the Cortes.
MADRID BOLSA, AUG. 12.—The fol owing are the
prices of the stocks :—Three per Cents. 361 to ;
Five per Cents. with current Coupo), lif to ;
Coupons, 8+ to i; Passive Debt, 6 9-16 to i ; Ex-
change on London, 51 5.

Consols

11

ess
Paid. Nominal Prices. t Busino-d don
ay.
Australian .... • 4 1% 234
Barossa Range ..... 113 0 3% 334
Blaenarvon Iron and Coal all ..
Bolanos Scrip ..........
British 1r0n...• . • .... 13 5 .. —• •
Brazilian Imp. (is. Si. p.) 2434 —••
Do. Cocaea and Cuiaba all .. —• •
Do. St. John del Rey 15 18N 19% ad 19
Cobra Copper •. • 40 35 3634
Copiapo ..... 14 634 —7%
General..- ...... • • all 13% —l4
31exican 84 S. American 9 3% 434
Real Del Monte, Unreg. %
Do. Black Debentured. • •
Do. Red Debentures .. • • —• •
Santiago de Cuba .. 10 3 —3%
Tin Croft .....••••• 7 6% 8
United Mexican— ...• • • ,28 28% 3% —2%
JOINT STOCK BANKS•
Anstralasla ............ all 35 3634
British North America.. 50 45 —46 45
Colonial .............. 25 10% —l2
Commercial of London.. 20 25 —26 25;
London Joint Stock .... 10 18% 17%
London and Westminster 20 273( —29
National Provincial Eng. 35 .. ••
Do. New ........ • • .. 10 • •
National of Ireland .... 2234 18% 20%
Provincial of Ireland.. 25 42 —44
Do. New .. -•••• • • .. all 15 N, 163{
Union of Australia ...• all 35 3(3
Do. New ........ •• • • 234 3 —3%
Union of London ....•• 10 18% 14%
Union of Madrid - all
MISCELLANEOUS.
Canada •• ••••• • • • ' 3234 48 —49
Gen. Steam Navigation . 14 2634 —2B
Penin. & Oriental Steam. all 68 —69
Ditto ditto 5 11 9 ad
Royal Mail Steam 60 78 —BO
Me cannot be answerable for the errors of the Official Lista, and
will not be influenced by interested correspondents.)

MONEY and COMMEH.CIAL NEWS.

CITY. TWO O'CLOCK.
The sales of Cotton at Liverpool on Saturday were
estimated at 6,000 bales, of which 2,000 American were
taken for export. The sales comprised 4,500 American,
250 Pernam and Maranham at hid. to 6d.,100 Eyptian
at std. to 6id., 800 Surat at 21(1. to 3id., and 180 Sea
Island at ls. to ls. 9d. per lb. The market closed
firmly at previous rates.—Railway Shares were very
dull.

A return of the annual average Gazette price of Wheat
for the year 1850 gives the amount at 40s. 3d. per
quarter. The annual aggregate sales have been 4,688,246
quarters of Wheat, and 2,235,271 quarters of Barley, ac-
cording to the official returns. The prices of grain in
France, taking the annual average of the years named,
has been as follows.—

a. d.
1829
1831 51' 11
1835 35 4
1839 ... 51 4
1841
1847
1850 ... 32 2
The average annual price of Wheat in Belgium was
as under:-
1829
1830

... 54 0
... 47 2

1834 ... •.• ... ... 32 2
1839 ... ... ... ... 55 4
1841 ... ... ... ... 46 4
1844 ... ... ... 41 2
1846 ... ... ... ... 56 3
1847 ... ... ... ... 72 2
1848 ... .. ... 41 7
1849 ... ... ... ... 40 5
1850 ... ... ... ... 37 5
The average annual price of Wheat in Prussia was
in—

... 35 7
... 34 6
... 24 6
... 23 4
... 40 2
... 30 7
... 59 0
... 32 7
... 31 6

Some cases of Oranges and Lemons have been re-
ceived by Messrs. Keeling and Hunt, per the steamer
from Brazil, by way of experiment; but beyond the no-
velty of an importation of the kind, the expense of
transit would militate against the continuance of ship-
ments to England.
The Corn-market is dull, Wheat being down Is. per
quarter. The new samples in the market aro very fine.
By the steamer Atlantic we have advices of the 6th
inst. from New York, and corresponding dates from
other places. The rate of exchange on London was
lower again, but it is not certain whether this may nut
be only temporary. The state of affairs in America is
by no means satisfactory, and another great fire in Cali-
fornia comes to add to the difficulty. One party writes
from Now York, as under:— _ _

"We are now upon the verge of a revulsion, which we
fear will equal in intensity and extent that of any previ-
ous period.
" The suddenness with which the Money Market con-
tracted, and the rapidity of the contraction, produced a
panic in the public mind, which, for a time, threatened
the most fatal consequences. The effect has not as yet
been so disastrous as anticipated, but we have hardly
yet seen the beginning of the end. Hundreds of houses
in this and every other city in the Union are
struggling, staggering along, like a foundering
ship at sea, previous to pitching headforemost
to the lowest depth of the ocean. Hundreds
of merchants and speculators are at this mo-
ment unable to tell whether they will be able to preserve
their mercantile existence another week, nod nothing
prevents an immediate dissolution but the hope that
some favourable change will take place in their affairs to
keep their heads a little while longer above water."
The Canadian accounts are not quite so favourable
concerning the weather. A gold mine was being worked
on the upper waters of the River Chaudiere.
The accounts by the overland mail have been deli-
vered this mornieg, and are of an unfavourable character
concerning trade. Forced sales of pieco goods were
making at Calcutta, and at lower rates. The time of
year, however, is not one of business activity, and ere
long we may expect an improvement. At Bombay
money was very easy, and this might stimulate bu-
siness.

The advices from China are of an unfavourable tenor
also concerning the spreading of the revolt.
Tho Stock markets abroad are reported to have been
very dull at the latest dates, and at Am,,tordam on the
15th inst. home and foreign Stocks were all lower.

......
The Greek firm which stopped payment on Saturday
is Messrs. Castelli, Giustinani, and Co.

The English Stock Market has been very heavy, and
there is a paucity of business. Consols have realised
964 4 for Transfer, and 961 4 for Account. The
weather having a more variable appearance may per-
haps be the cause, but the existing dullness is more
potent. The New Three-and-a-Quarter per Cents, have
been at 984 j, and the Three per Cents. at 97 to 4d.
Bank Stock is worth 215 to 4. Exchequer-bills are 445.
to 485., and India Bonds 545. to 573. premium.
Foreign Securities have been ls'avy. Mexican have
fallen nearly 1 per cent., being 281 at the opening of
the market, and now only 28k 1 The general accounts
from the Republic are bad. Equador Bonds have been
at 31. Spanish Five per Cents. realise 301 Sardi-
nian Scrip has been at e discount. Russian Four-and-
s-Half per Cents. are 1011 to 102; and Dutch Two- and-
a-Half per Cents. 59.1. Danish Bonds are 784.
Railway Shares are all lower. North Western have
dropped 1 to 2, and Great Western. East Lancashire,
and most others, in proportion. Foreign Shares also
are cheaper.