The Sun.
London, England, 1835-12-28 00:00:00

rious parts of France, that the roads have been rendered
all but impassable.

PARIS, DEC. 26.—We have a letter from Bayonne,
which says :—" The fort of Guetaria remains exposed to
the violent attacks of the Carlists, and we may receive
every moment the melancholy news of its having surren-
dered or been taken by storm. Three cannon, (an 18, a
24, and a 26 pounder,) are before the gates ; 2 howitzers
and 2 other cannon are going to be placed at Azerregui
and Übiri, and there is scarcely a single house which is not
more or less dangerous. Twice a day the Commandant
sends to ask assistance from St. Sebastian, but hitherto
he has obtained only 80 soldiers, 10 artillery-men,
1,200 cannon cartridges, and 30,000 musket-cartridges.
This aid, if well employed, might yet save this important
position. But the Governor was wounded yesterday.
Heaven knows to whom the command of this little force
will be given. It is astonishing however that neither the
Government at Madrid nor Cordova think Guetaria of suf-
ficient importance to make some effort to save it, for it can-
not be dissembled that St. Sebastian will be in great danger
as soon as the Carlists shall be masters of that fortress.
You may be sure that the day after their entrance into
Guetaria, the parallel will be opened before St. Sebastian,
for the siege of the former has caused not a moment's in-
terruption of the covered ways carrying on before the second.
It would be melancholy to see such a refutation of the pro-
mises that M. Mendizabal makes at Madrid.

An article in the Memorial Bordelais fully confirms the
statements of our correspondent.
It is affirmed that General Evans, at the head of his
legion, is gone to Salvatierra to fortify that place, which is
the key of the Amescoas.
The Minister of War was still at Vittoria on the 18th.
The Phare of Bayonne says that the equipages of General
Alava had arrived, and that lie was expected in two days.
'We have no news from Africa later than the account
sent by Marshal Clausel fromplostangnanem.-114-essager,
Dec. 26.
Extract of a private letter from Madrid, dated the 17th
inst :—" The reports as to Ministerial changes continue, but
do not assume an official character, consequently it would be
useless to enter into any lengthened discussion on the re-mod-
delling, of the Cabinet. One thing only is certain, that M
Mendizabal intends to delegate a portion of his multiplied
labours to men of high feeling and talent, but his choice has.
not yet been made public. .We must wait for this as well as
for the measures to be presented by the Government to the
consideration of the Chambers. This species of pause has
produced a degree of langour at the Exchange. Some mo-
mentary fears have been felt at Madrid from the movements
made in Castile by the Carlist chief El Serrador. The
alarmists pretend that he has arrived under the walls of Gua-
dalaxara. The importance of maintaining the communica-
tions with Arragon and France, which will be interrupted if
El Sarrador succeed in gaining a fast hold of Guadalaxara,
has determined the military authorities to send a considerable
force to this point: The Government is determined not to
suffer any attempts of the rebels to go unpunished. The levy
is going on in all parts of the kingdom with the utmost ac-
tivity. To-day the regiments of the Royal Guard, which still
kept garrison at Madrid, have taken their departure for Na-
varre, with four pieces of artillery.
FRENCH FUNDS.—PARTS, DECEMEIiti '2B.
Five per Cents., 1030 :30c. SOc Ire. se. lutif.
Four and a Half nor Cents. 10:2f.
Four per Cents., COI. ;Mc.
Thrar per Cents., 79f. Ede, 90c. 75c. 70c..
Bank Actions, 2,1152 f 5Cc.
Iterate ee Naples, 97f. 4Cc. 45c. 50c.
Roman Five per Cents., 1003(±`%s.
Spanish Actives, 49 4934
Spanish Differes, 18 1774 RN.
Passives, 14h74 .5 1 lA, :
Retire Per pet. Espagne, Five per Cents., 1634.
Belgian Loan, Five per Cents, 10114 101.
Portuguese Loan, Five per Cents , 8134.
Portuguese Three per Cents. 5434 51.
5153 Wm Loan, 40Uf. cot.
EXCHANGE ON LONDON.
One month, paper, 25c. 55c. ; money, 25'. 5`234c.
Tkree months, paper, 250 40c. ; money, 251 3734 c

BOURSE THREE O'CLOCR.—The market has been very brisk
to-day ; much business has been done, but, however, with a
small fluctuation. At one time the Three per Cents. reached
79f. 95c., after having opened at 79f. 80c. ; they however re-
turned to 79f. 75c. buyers, and 79f. 80c. sellers. The Spanish
securities have improved, notwithstanding some rumours that
the affairs of Don Carlos's army were improving, and that a
northern Power has given some encouragement to one of his
agents : this, however, merits confirmation. The report of the
reduction of the Five per Cents, is again on the carpet, which
has occasioned a fall of 40c. on that stock.

QUARTER TO FOUR.—Five per Cents., 108 f. sc. ; Three
per Cents., 79f. 75c. ; Five per Cents. Spanish, —; Three
per Cents. :Spanish, —; Cortes, —; Coupons, 25i ; Gueb-
hards, —; Differes, 18; New Loan, —; Actives, 49k-;
Passives, 14i; Ducats, 97 70; Romans, 1011; Pedros, —;
Belgians, 101 ; Dutch, —c. ; Haytians, 410 f. ;
Miguels, 21 ; Brabant Bank, —; Belgian 13ank, ; Con-
tinuation, —c. ; New Differes, 25 ; Five per Cent. Pei pe-
tuelles, 36k.

Advices from Lisbon to the 15th inst. have been
received. They state that there was much danger of
the Ministry being ousted by the Cortes in the ensuing
Session ; and that, although pressingly entreated to
have recourse to a dissolution, the QUEEN had ob-
stinately refused. The QUEEN was in good health,
and not a little anxious on the subject of her approach-
ing nuptials with the. young Prince of SAXE
COBURG. This event has restored tranquillity in the
Royal Family of Lisbon. Her Imperial Majesty the
EX-EMPRESS of the BRAZILS, and her Most Faith-
ful Majesty the QUEEN DONNA MARIA, are now
on the best possible terms. But it is very doubtful
how long this may last. The QUEEN is in the hands
of certain ladies of her Court, who, by humouring all
her caprices, make her do just as they please. It is,
however, asserted that marriage will effect a great
change in these matters.

We have received German, Belgian, and Dutch
Papers of the latest dates. In Austria regulations
have been made for admitting French and English po-
litical journals, without previous censorship. The
Dutch Chambers have agreed to the law for restrict-
ing the importation of corn.

FRANCFORT, DSc. 23.—Exchange on London, 151 a; Two
Months, 15(1—Fran/fort Paper, Dec. 24.

AUSTRIAN FUNDS.—VIENNA, Dec. IS.
Five per Cents. Metalliques
Four per Cents.
Bank Sharei
—Allgemeine Zeitung, Dec. 23.
BELGIAN FUNDS.—BausseLs, Dec. 26
Actual Debt, 256 per Cent ,
Rothschild's Loan, Five per Cent. lOO%
Loan of City, 183 Four per Cent 99%
Society of Commerce, Four and a Half per Cent l4O
Bank of Belgium, Five per Cent 114%
—Brussels Papers, Dec. 26.
DUTCH FUNDS—AmsTeaDam, Dec. 23.
Money. Bills.
Actual Debt, 254 per Cent. 54% 55
Loan (1830) 5 per cent.
Amort Svndic, 4% per cent 943( 94%
Ditto, ditto, 354 per cent 78% 79 k
Commercial Company, 4!4 per cent 12354 124
Ditto (1832 and 1833) 5 per cent.
Exchange on London, One month l2 17%
Two months
—Dutch Papers, Dec. 26.
HAMBURG BORSEN HALLE, Dec. 22.
FOREIGN FUNDS. Bills. Money.
Austrian Metalliques, 5 per cent.
Ditto ditto 4 per cost. 98;4 98
Ditto ditto :3 per cent.
Ditto Bank Shares 1366 1364
Russian 5 per cents. Metal.
Anglo-Russian Loan lO5 104%
Paper Inscription, 6 per cent .....
Russian Inscription, Hope and Co., 3d and 4th
Series
Ditto, Certificates
'Portuguese Regency Bonds. 5 per cent 8214 82
Ditto, 3 per cent 52% 52
Dutch 2% per Cents.
Ditto 5 per Cents
Polish Bonds, 3 per cents.
Anglo-Danish Loan, 3 per cents 735y 73%
Norwegian Loan of 1834, 4 per cents.
Spanish, in piastres, 3 per Cents —
Cortes Loan, 5 per Cent
Greek 4 per cents. 1833, guaranteed by France
• EXCHANGES ON LONDON.
Hametato, Dec. 22.-13 10 ; two months, 13854.
STOCKHOLM, Dec. 15.—Two months, 11 41.
CHRISTIANIA, Doc. 12.—Three months, 5 10.
BERLIN, DEC. t9.—Three months, 6. 28 '.•
ST. PETEKSBURGU, DEC• 11.—Three months, 10 11-32.•
BREMEN, DEC. 18 —Too
Too months, 6 12 13. '
—Hamburg Papers, D. e. 2-2.