The Sun.
London, England, 1851-03-24 00:00:00

COMMERCIAL INTELLIGENCE.

There has been a moderate business done in stocks since
the last steamer, with a moderate improvement in some de-
scriptions. The demand for exchange has been less active
in consequence of the firmness of the market. The sales have
been to a fair extent at 10 to 10% for first-class sterling;
France, 5.10 to 5.71,4 ; Amste.dam, 41M to 413/4 ; Ham-
.burgh, 361 to 36% and 37 ; Bremen, 79:1./1 to 79. The
-kupply of bills moderate, but the renewed activity in
4bt,ton here as well as in the south will furnishAa better
supply for the steamer. Cotton— Fakotes Circular gays,--
" Our last weekly circular was written for the Baltic, 4th
instant. On the sth sales were 3,000 bales at ic. to
advance; on the 6th, 2,000 bales at further advance
', c. to %c. ; on the 7th, 2,0 0 bales at LA c. to 3e. further
advance; on the Bth, 2,100 bales at very extreme rates,
and to-day 4,000 bales at a further improvement of 1/2c.
to Mc., making the average advance since the 4th instant.
1%c., the market closing with an upward' tendency. Our
latest dates from Mobile are of the 7th per 'telegraph, as fol-
lows: —Markets suffering and progressing, middling- 10%,
receipts falling off; river overflowing; freights dull at %c.
New Orleans market rising; receipts and estimates decreas-
ing; and by mail of 2d from New Orleans, our correspondent
writes, the rivers about are rising, and we shall have a
greater overflow of the Mississippi and tributaries than for
last two years. We revise our quotations to conform to the
present state of our markets. Inferior Atlantic, 10 to 10%;
New Orleans and Mobile, 1014 to'. ; other Gulf43orts, 10 to
10% ; good ordinary Atlantic, 10% to 103/4 ; Few Orleans
and Mobile, 103/a to 11 ; other Gulf ports, 101,4 to 11 ; mid-
dling to good middling, 111,( to 111 , 121,/ to 1x1,4, 111,4 to
12; middling fair to fair, 12 to 121/2, 13% to 14%, 13 to
1341; fully fair to good fair, 12% to 131,x, 14,4 ';ci 15."
Breadstuffs—Flour—For some days there has been rather
more activity in the market on Eastern acconiit, without
any change to notice. The transactions in wheat are very
limited, holders not being willing to meet the markets as
compared with flour. Indian corn in limited supply for
home use. _ '"

Iron—The market for English bars has declined, and we
note sales of 200 tons, from store and to arrive,l'at 21 dolls.
50c. to 22c., six months, showing a firm market::
Toleacco rather quiet, but prices were unaltered. A lot of
hogsheads Kentucky brought 10c. to 11
Freights are lass firm, with less engagements; of cotton
at 5-13ths ; flour is 164 ; dead weight, 20s. Within a few
days we noticed engagements to Liverpool of 100 tierces of
beef at 35., 1( 0 barrels of lard at 255., 2,000 bales of resin at
ls. 3d., to London. We hear of sour at ls. 31. to ls. 4d. ;
600 barrels of turpentine, 250 barrels of resin, 2s. to 2s. 6d.;
700 barrels of beef at 4s. 6d. ; 700 packages 4' bacon and
lard, 255. ; cheese, 305.; 500 barrels of oil cake, 2s. fid.
Glasgow—heavy goods, 255. to 275. 6d. To Elollacld—rice,
30s. ; and to Hamburgh—cotton, 0-16 cents., and rice 25.
JAMAICIA,ISIAncir 1.
The business of the last fortnight has been principally con-
fined to purchases forimmediate consumption, bat few whole-
sale purchases have occurred. The markets fOrpost descrip-
tion of goods are heavy and inactive, as the prospect of the
crop is favourable.

IRELAND.
DUNGAEVAN ELECTION.

DUBLIN, SATURDAY.—The Tenant League has received
another and more signal repulse than it met in Limerick by
the disastrous defeat at Dungarvan of one of its ablest
champions (Mr. J. F. Maguire), and the return of the Whig
candidate by a majority of 75 in a constituency which counts
little over 300 voters. The result is more remarkable when
it is recollected that at the last general election, and before
this new " Irish cry" had been got up, Mr. Maguire was
within an ace of ousting from the representation of this same
borough a no less distinguished antagonist than Richard
Lalor Shell ; and yet now, after three years of preparation,
and with four-fifths of the Liberal press ofllreland at his back
to sustain what is deemed a great " principle,. he is driven
from the hustings by an all but unknown and inexperienced
opponent. The organs of the League are perfectly dumb-
foundered—and well they may be. Subjoined is a sketch of
yesterday's proceedings:—
" DUNGARVAN, FRIDAY.—At an early how this morning
the sovereign people were once more in the streets, particu-
larly and unnecessarily noisy. The dragoon:, infantry, and
constabulary patrolled the streets and prevented the collec-
tion of crowds. The voters under the new franchise Bill (a
rating of Si. under the poor-law), commonly called the agri-
cultural electors—snug, comfortable farmers- were brought
into the town by escort, and a few scuffles ensued in the
market square. The mob seized the heads of the horses and
endeavoured to turn them back ; the military interposed—the
prancing horses of the dragoons very soon cleared a passage
for the vehicles, and the voters were enabled to come to the
' poll and vote for Ponsonby. The market square was the
grand scene of action. There all the important battles were
I fought. The bribery and qualification oaths were adminis-
tered to the voters, and there were not a fete of the usual
electioneering incidents, such as attempts to rescue voters,
and loud demands for freedom of election, insinuations of
bribery, and quick repartees in Irish, expressive of a
love of country and Mr. Maguire, or admiration of Mr.
Ponsonby as a landlord. Sir Nugent Humble
came to the
poll with 30 of his tenantry, and the tenantry
of the Duke
of Devonshire averaged from 80 to 100. The gross amount
of the constituency is 318; of these it was
presumed 239
could be brought to the poll. The state of the poll was as
follows at 12 o'clock at noon :
For Ponsonby
For Maguire ...
At half-past twelve o'clock :
For Ponsonby . 145
For Maguire ...
Majority for Ponsonby 8263
"Up to this hour 227 had voted, and judging
from the con-
stituency and voters available for Mr. Ponsonby there can-
not be any doubt about the result of the election. Indeed,
at twelve o'clock the Maguireites gave up the hope of con-
quest. The farmers from the country parts had arrived, the
"Prussians" had come up, and the victory was with Pon-
sonby. The booths, however, will be kept open till five
o'clock in obedience to the Act of Parliament. The num-
bers at half-past two o'clock were as follow
For Ponsonby „. 158
For Maguire •••
Majority for Ponsonby 75
"Neither of the candidates polled a vote after half-past
two o'clock yesterday. At three o'clock Sir. ma
with-
drew from the contest. guire

.... ••• ... 131
.. ... ... 79

" This morning the High Sheriff will officially declare
that the Hon. Charles Ponsonby has been duly elected 'to
represent in Parliament the borough of Dungarvan."
There is no doubt that the defeat of the League candidate
was, in a considerable measure, to be attributed to the neu-
trality observed by the Very Rev. Dr. Hally, the p Irish
priest, who, had he exercised his influence in opposition to
Mr. Ponsonby's return, the result might have been very dif-
ferent from what it has been. A Romish journal thus sneers
at the middle course adopted by Dr. Rally ; -
" The Very Rev. Dr. Rally, the parish Priest, looks on
with his hands in his pockets. He is for nobody, and thinks
the country can do without him. So it can. He also has
the two ways' in him. He's not patriotic enough to vote
for Maguire—and he's not honest enoughlo tell Ponsonby
that he's a Whig. That's enough to call any one. No
matter ! As a Dungarvon man said, The pariah priest says
he'll do nothing for us now ; and when the E
we can tell him we'll do nothing for him.' dues come,

Lord Stanley will be entertained at dinner at
Merchant Tailors' Hall on the 2d of April. For such a fes-
tival the time is appropriate—for such a festival the country
is prepared. Lord Stanley has within a very brief period
declared his opinions in reference to the greet questions
which now agitate the empire; but, despite the explicitness
with which those opinions and those declarations were made
—notwithstanding the characteristic frankness of the Noble
Lord in relation to all matters connected with the recent
Ministerial crisis—there have been persons who could not see
plainly that which was sufficiently evident—who would not
understand that which was patent to ail. Therefore we are,
glad that this manifestation of public opinion as to Lord
Stanley is about to take place. Lord Stanley, we know,
wishes, as he has always desired, that with regard
to his opinions there shall be no mistake. The
dinner at Merchant Tailors' Hall will afford the
leader of the Countep. party an opportunity of
putting an end to all the quibbles to which politicalschisma-
tics have subjected the open-hearted
policy of Lord Stanley.
It is somewhat strange—the coincidence is singular—that
when the nation was sick of Whiggery, some years ago, and
was determined upon a reaction, the late Sir Robert Peel
was entertained at Merchant Tailors' Hall; that he there
delivered his memorable speech of " Register ! register 1 re-
gister !" which gave to him in the neat Parliament, chosen
within a few months, a majority. of ninety; and there was
sealed the compact between the Right Hon. Baronet and the
nation which was destroyed by himself—a compact which is
now in the hands of a nobleman of unblemished character
and undaunted chivalry.! The dinner of the 2d April, we
doubt not, will be worthy of the occasion and of the man.
—Herald.

Two failures were announced on Saturday, the
patties being Messrs. James Deacon and eons, Irish linen
tactors, and Oliver, Worthington,
.and Co., warehousemen.
The amount of their respective liabilities was not stated,
but those of the latter house are small. The loss from
Messrs. Deacon, it is said, will fall in Scotland, and that
from Oliver, Worthington, and Co., in Manchester. The
two firms were connected in business.

SIR RALPH ABERCROMBIE..--THE FIFTIETH ANNI-
VERSARY OF THE BATTLE OF ALEXANDRIA AND THE SCOTCH
FUSILIERS.—On Thursday morning the 2d battalion of the 3d
Regiment of Guards paraded at St. James's Palace with
laurels at the head of their colours, in commemoration of the
battle of Alexandria, and the glorious fall of Sir Ralph
Abercrombie. The most distinctive, or rather attractive,
part of the scene was the appearance of several old veterans,
evidently non-commissioned officers, who had survived the
`battle and the breeze" through the hard-fought services
of the Peninsular to the final struggle at Wa*erloo. Some of
these veterans, wearing their medals, were upwards, of 80
years of age, yet still hale and hearty : they were most
heartily cheered by the spectators on the occasion. The
men were marched off to the parade-ground of Buckingham
Palace to the truly appropriate tune of " Bonnie Scotland ;"
and, although the weather was inauspicious, a vast 'lumber
of civilians atteisded, deeply impressed, as far as they could
understand them, with the glories won in Egypt by the
"Scotch Fusiliers," then designated " The Third Guards.
The Transatlantic Packet Station Commission thee on
Friday at the Board of Trade. Present—Earl Gianville
(Chairman), the Hon. illiam Cowper, M.P. Sir: James
Gordon, lir C. 8., Sir John F. Burgoyne, K.C.8., Captain
Stephenson Ellerby, and Lord Hobart (secretary)". Vis-
count Bernard, Up., had an interview with thq Cpm-
nlizaitniera.