The Sun.
London, England, 1851-03-07 00:00:00

ITALY.

The Roman Observer of the 211th ult. contains the
following :
On the Bth of March, 1850, the Pope, whilst at
Portici, had consented to the institutio❑ of the Bank of
the Roman States, with a capital of 1,000,000 scudi,
formed of 5,000 shares of 200 scudi each. Notwith-
standing the exertions of the representatives of the
Roman Bank, they were unable, owing to the difficulties
of the times, to raise that sum. They then applied to
his Holiness to reduce the number of shares to 3,000
and the capital to 600,000 scudi, to commence opera-
tions, which request was acceded to. Since the 6th
February, the Roman Bank informed the Government
that it posses!ed a capital of 350,000 scudi, accruing from
1,340 shares, and that they had moreover obtained 273
signatures for 268,000 further scudi, and that they
were consequently in possession of the sum of 600,00111
genii required for the definitive constitution of the bank.
M. Galli, pro-Minister of Finance, accordingly autho-
rised the establishment of the Bank (1 the Pontifical
States, on the 224 February."
M. Charles Francois Baillargeon, coadjutor and
future successor of the Archbishop of Quebec, in
Canada, had been consecrated Bishop of Hoa, in
partibus isfideliurn, in the Church of St. Trinity of
Montecitoris, by Cardinal Fran zoni, Prefect of the
Holy Congregation for the Propagation of the Faith,
assisted by Bishops Hughes and Mazenod.

THE CAPE or GOOD HOPE.—The 74th (High-
landers) and a Krong reinforcement of the 91st 4Argyll-
shire) Regiment are under orders for immediate embarkation
or the Cape. It is reported these troops will proceed to
heir destination in steamers.—Britiali Arms Dispatell

MARKET INTELLIGENCE.
(From the London New Price Current, March 7.)
SCGAR.—To-day the rates obtained for West India
Sugar were in most cases the same as those of Friday
last, the supply being yet small, but all parties operated
with much caution, and only 136 hhds, &c., were ac-
tually sold, making the sales for the week 436 hhds, &c.
Ra/INED.—To-day Refined goods were operated is
with caution far home trade purposes, and fair grocery
Lumps were offered at 48s; Crushed is also dull of sale,
at former rates.
Marrarreus.—This afternoon the public sales of
Mauritius Sugar attracted little attention, and prices
declined 6d to Is for inferior and mid, and 6d for better
sorts; the chief part of 5,649 bags, however, found
buyers, good and fine yellow went at 39s to 40s 6d, low
and mid 36s to Hs 6d, grey 36s to 405, and washed
345 6d to 40s per cwt.
EAST INDIA.—This afternoon there was again a good
demand for Bengal, and the public sales of 4,200 bags
went generally at former rates, low to fine white Benare3
at 40s to 438 6d, damp and washed 38s to 435, good fine
soft yellow 3es 6d to 39s 6d, and grainy 40s to 445.
Of Madras 2,400 nags sold at a decline of 6d to Is for
soft kinds, but grainy yellow realised full rates, and went
at 425 6d to 435, Soft brown low and very ord 26s 6d to
295, yellow 30s to 355 for low to good ditto.
FOREIGN'.—To-day there was no public sale of Foreign
Sugar, and privately operations were of little moment
with a desire on the part of holders to accept former
rates. Of brown Babia 500 caws realised 37s 9d to 38s,
and 50 cases white in bond at als; and a parcel of Pa-
raiba at 34s to 36s 6d for yellow and brown.
Monasszs.— West India cannot be obtained under
previous rates, but the purchases have been upon a small
scale in all sorts; prices for low to fine West India rule
at 15s to 17s, Bengal and Mauritius 125 to 148, Cuba
and Porto Rico 14s 6d to 163 per cwt; the stock is 700
tons more than at this time last year. Honey is yet in
good request; Jamaica realised from 35s to 60s per cwt,
and there is no increase in the supply.
Cocos.—To-day there is more doing in West India
Molasses, but at lower rates. The sales for the week
are 500 puns nearly all at 148 for low West India of old
import.
Covezet..—To-day there was no public sale of Coffee;
and privately operations were trilling in all sorts, but
holders are generally firm; and Native Ceylon is not
offered under 45s per cwt.
TEA —Comroen Congou has been much in demand,
and :be price is firm at is per lb. for sound quality, with
only a limited supply. A good business has been done in
blackish leaf rather strong and strong at la fd to is 2d
and other sorts are purchased more freely at is 3d to is
91. In Canton Gun Powder, Imperial and Hyson ditto
many purchases have been made at full former rites.
The market is firm for better sorts of Green, and large
orders are looked for shortly. In Scented and Pekoe
Teas there is !eviler more doing. Of 5,000
pkgs of Tea
offered at auction, chiefly Congou, 1,000 pkgs found
buyers. The market for Tea has an improving ap-
pearance.
RlCE.—This afternoon rates were supported with dif-
ficulty at the public sales ef 1,595 bags of Madras, but
the chief part sold at 7s 6d to 8s for low and mid pinky,
and et 6s to 7s 6d for damaged.
Sricies.—Pimento is not cheaper, but there has been