The Sun.
London, England, 1850-07-12 00:00:00

" THE PROTOCOL.

"his Majesty the King of Prussia and his Majesty
the King of Denmark, being about to conclude a peace
between the :Germanic Confederation and Denmark,

upon the basis of a treaty signed this day by their re-
spective Plenipotentiaries, have also agreed to the fol-
lowing stipulations•—
" Art. I. Immediately after the exchange of the Prus-
sian and Danish ratifications of the present protocol,
his Majesty the King of Prussia shall withdraw from the
duchies of Schleswig-Holstein and Lauenburg the Prus-
sian troops stationed in the southern part of Schleswig,
in virtue of Article 4 of the armistice of the 10th of
July, 1849. The neutral troops stationed to the north
of the line of demarcation shall quit Schleswig at the
same time with tre Prussian troops. his Majesty the
King of Prussia agrees not to interpose any obstacle to
the military measures which may be taken against the
Duchy of Schleswig by the Danish Government after its
evacuation. Until the Prussian troops shall have effected
their withdrawal from the Duchy of Schleswig, Den-
mark shall not enter the continent of Schleswig with a
military force unless the Holstein troops shall do so. In
any case the Danish troops shall not pass the line of de-
marcation before the Prussian troops have completely
evacuated Schleswig in conformity with the following
article.

" Art. 2. Eleven days after the exchange of the
Danish and Prussian ratifications of the prt sent protocol,
the Prussian troops shall have paused the frontier which
separates Schleswig from Holstein. Eleven days alter
the expiration of the above term thy shall have evacu-
ated the duchies of Lauenburg and Holstein.
" Art. 3. The high contracting parties engage to ratify
the present protocol, and exchange the ratifications
thereof at Berlin within the space of eight days from its
date, or sooner if possible.

" USEDOM.

"WESTMORELA ND.

" Von PECHLIN.
" VOn REEDTZ.
" A. W. SCHEEL.

" Given at Berlin this 2d of July, 1850."
It is said that Hanover will not consent to this
;reaty. Hamburgh has refused to detach herself
From the Prussian Bund and to join Hanover.

DENMARK AND THE DUCHIES.

The Hamburgh News declares that any attempt of
the Danes to enter the Duchies will be resisted.
The Prussian troops, on leaving the Duchies, will
be formed into a camp of observation on the frontier.

MONEY and COMMERCIAL NEWS.
CITY, TWO O'CLOCK.

The sales of Cotton at Liverpool yesterday were esti-
mated at 10,000 tales, of which 2,000 American were
taken on speculation. Americans wore id. to id., and
all other descriptions id. per lb. dearer. The sales
comprised 6,500 American, 1,000 Maranham at 71d. to
7d., 400 Bahia at Bd., 300 Egyptian at 74d. to Bd., and
1,500 Surat at Cid. to 51d. per lb.—ln Railway Shares
only a limited bu.iness was done.
_ _

The prices of Colonial produce have been depressed
this week in the instance of Sugar, and Coffee has also
been dull. There has been a full supply of most articles.
Indigo is selling well. The Wool sales closed last evening.
Mr. Henry P. Hughes reports that " the attendance
of both home and continental buyers was good through-
out. The satisfactory accounts of the opening and pro-
gress of the German fairs, together with the continued
activity in our manufacturing districts, had somewhat
led us to expect previous rates would have been sustained,
but the increased quantity necessarily brought
forward, with further large sales expected to follow in
six weeks after the termination of the prt.set,t, not only
prevented the r( alization of such hopes, but buyers also,
particularly from the continent, under these cir-
cumstances being unwilling to stock themselves
to any extent at former rates, has led to
a reduction of about ld. per lb. average of
all sorts. The general assortment of the present sales
was good, but cun•ained a large proportion of hurry and
moity wool, by far the greatest quantity Sydney. The
reduction on this class of wool (lid. to 2d. per lb.) is of
course no criterion as to the state of our market
in general, for most purchasers appear now, more than
ever, to have made up their minds, while clean wool is to
obtained, almoit to neglect this class altogether, or take
it at such a reduction as will recompense them for
the delay, trouble, and expense in clearing the wool of
this objectionable drawback."
The directors of the North Staffordshire Railway
have forwarded to the shareholders a copy of the report
of the Committee of Investigation into the accounts, &c.,
from its formation to December, 1849, and in rever-
ence thereto they state, " The report does not venture
directly to impugn either the judgment, the diligence,
or the discretion with which the undertaking has been
managed, and concludes with the unavoidable admission
that the directors have not ' promoted their own private
advantages at the expense of the company,' but it is alto-
gether silent on the charges which must bo fresh in the
recollection of the proprietors as those upon which the
proxies were obtained, and which led to the appointment
of the committee. The directors think that the report
should have distinctly stated which of those charges
had been substantiated, or candidly avowed
that they had entirely failed ; nor can the
directors consider any statements satisfactory which
which would appear to have for their object to depre-
ciate the value of the property, and to put, even to ex-
aggeration, the worst possible complexion on
everything connected with the undertaking, per-
haps in order to justify the necessity of the
inquiry. The directors presume to think that a
more accurate record and a more complete exposition of
the finances, proceedings, and prospects of the
company may be found in the past reports, which
they have accordingly reprinted in anticipation,
and which they enclose fur the information
of the proprietors. Although it would seem
at the present time all encouragement is considered as
deceit, and that a hopeful view in the prospects of a
railway company is mistrusted as proceeding from in-
terested motives, the directors nevertheless are bound
to state that in their belief there is no undertaking
of the kind in a more healthy and honest
condition: the mortgage debt is comparatively small; the
current receipts exceed the current expenses; and no
further advances will be required from the shareholders.
Notwithstanding, therefore, the difficulties with which
they have been surrounded, and those which are
still to be encountered, the directors anticipate
a continually-increasing surplus of receipts over the ex-
penditure, until, by the development of the resources of
the line, and the vindication of the traffic which natu-
rally belongs to it, the railway shall at no distant
period yield a more than average return for the capital
invested."

The Funds continue somewhat dull, and prices are
less buoyant. Consols have been 96* to 96i for Transfer
and Account. Exchequer-bills have been 695. to 70s.
premium. The New Three-and-a-Quarter per Cents.
have been 9Si Bank Stock has touched 211 to 212.
The Foreign Securities are less animated. Peruvian
have been 81i to 82-1- for the Active, and the Deferred
351 to 36i. Alexicau Bonds have been 30 to Brasil
Bonds are 904. and Chilian 100 to 101. Dutch Two•
and-a-Half per Cents. have been 57* 4, and Rus-
sian 111.

Shares are still rather heavy.
QUARTER TO THREE.
... 96i tex d.

Consols ... ..

Ditto Account ... ... ••• --
BRITISH FUNDS THIS DAY AT ONE O'CLOCK.
(From the Official List.)
Bank Stock 212 211
s per Cent. Reduced Annuities 97%14
3 per Cent. Consols Anns
New 31,4 per Cent. Anns. 98% %
Lo 1g Annuities. Exp. Jan. sth, 1860 8 5-16 8%
D 0.30 Years, Expire Oct. 10, 1859 B%
India Bonds under 1,0001.. ft 87 90 p
Consols for Account 96%%
Exchequer Bills- 114 d. 21.
March. June.
1,060/.
PRICE OF FOREIGN FUNDS AT ONE O'CLOCK
Brazilian Bonds, 5 per Cent. SO%
Ditto New Bonds ,1829 and 1839 901,E
Ditto, Small
Buenos Ayres Bonds, 6 per Cent 56
Chilian Bonds, 6 per Cent . 101 100
Mexican 80ne45,1846,5 per Cent., Coupons
Ditto Ex Jan. Coupons
Ditto for the Account .. 3O 30%
Peruvian Bonds, 41/2 per Cent —
Ditto for the Account
Ditto Deferred
Russian Bonds, 1822, 5 per Cent ll l
Ditto 4% per Cent. 95% x d.
Dividends on the above payable in London
Dutch 2% per Cent., 12 Guild
BUSINESS DONE IN RAILWAY SHARES AT ONE OCLOCY
RAILWAYS. PAID. Pin SHARI.
kberdeen
Ditto, Preference
'aledonian
hester and Holyhead--
Eastern Count.es .....
Do., d 0.... N 0.2,6/. 135.4 d.. lA, p... to
Do., 5 per cent.
Ditto, New
tlreat Northern .
Co. 14 B 6 per Cent.
Great Western ...•..100 ..... 58%..... to
~ondon & 81ackwa11......111. 65.5 d...... 414 to
Lond.,Bright.,& SouthCoastloo ..... 81
De. Preferential, 5 per Ct., 50 ...... 59 .... to --
London & North Western.....loo 1094...... t• 109
Do. New Quarter&
London and it.. We5tern.......100
Midland.. ... • .... ........ ...100
.)itto, 501. Shares ..... ...... 35 ...... 101/2% to
Midland, Congo!. Bristol and
Birmingham. 6 per cent.... 100 123%...... to 123
4.idld. Great Western (Irish) 47% 25
Niorth British .. .. . ..... .. . 25 ...... 5% % to
:\ orth Staffordshire........... 171,4
40tith Eastern ..... ... 33148...... 14',4 A .. to
York, Newcastle, and Berwick 25
Do. and Newcastle Eaten. 20
Do. G. N. E. Pur. or Pref.. 9
York and North Midland ... 50
FOREIGN RAILWAYS.
Anglo Italian (late Italian
and Austrian) 5% — to
floulogna and Amiens 2O ..... 75,43/1... to
Orleans and Bordeaux ...
fours & Nantes ... ... .. 13
MINES.
Australian .....«

LLOYD'S SHIPPING.-(THIS DAY.)
LONDON, JULY 12.—Wind at noon E., light airs
and fine.
PORTSMOUTH, JULY 11.—Tbe Patience from Leghorn,
which got on'shore yesterday, near the Swashaway, came
off with the tide last night.
PADSTOW, JULY 11.—The Thomas Rising, Cardiff,
has put in leaky, has been surveyed, and is discharging.
STRANGFORD, JULY 9.—A round-sterned smack-
rigged vessel, apparently abandoned, with bowsprit and
topmast, &c., gone, and foresail set, was passed, 17th
instant, four miles off Port Patrick.
DEAL, JULY 11.—Wind A.M. N.W. to E., P.N. E. to
E.S.E.—Arrd. Johanna Frederick, Dow, Singapore;
Abyssinia, Bennett, Ceylon; Majestic, Tose, St. John's,
New Brunswick, for Grimsby. Ad. from the River
and sailed, Camilla, New Zealand; Venus, Cape Palmas.
PLYMOUTH, JULY 11.—Wind variable.—Arrd. Matilda,
Hopper, Rio Grande. Sld. :Emma, Quebec; Jas. Gibb,
Adelaide, South Australia. The John, of and from
Newport, got on shore on the Island Reef, but came off on
the flood, without any apparent damage.
FALMOUTH, JULY 11.—Wind N.—Arrd. Rose,
Flavin, Latakia ; Bodiam Castle, Kemley, Bahia;
Off port, Levee van Nijenstein, Borcheas, Batavia for
Amsterdam.
LIVERPOOL, JULY Il.—Wind N.N.W.—Arrd. Oriental,
Kidsen, St. John's, New Brunswick. Sld. Carl Richard,
Halifax, Nova Scotia; Bideford, Newfoundland; Con-
fucius, Shanghae; Christina, Singapore; Mary Ann,
Johnston, Calcutta; Bellaires, Calcutta; Eizabeth, Mary
Ann, Rio Grande; Ellen, Rio Janeiro; Bling, Vera Cruz;
Empire Queen, New Orleans; Astorea, New Orleans;
Devonport, Savannah; Boadicea, New York; Jessica,
Boston. Arid. Eliza Killick, Norman, China.
BRISTOL, JULY W.N. W.—Arrd. Mentor,
Bergman, Matanzas. Sid. Columbia, Cardiff and
Callao.
CARDIFF, JULY 11.—Wind IV.—Sld. Index, St.
Paulo di Loando ; Highlander, Valparaiso.
DUMFRIES' JULY 11. Wind W.—Arrd. Diana,
Charterer, Quebec.
CLYDE, JULY 10.—Arrd. Locbliboo, Boyd, Quebec.
Sid. Belmont, Demerara.
QUEENSTOWN, JULY 10.—Wind N.N.W.—Off port,
Adeline, Swinton, Sierra Leone ; Gun, Hargrave, Rio
Grande for Exeter; Sylph, Rio Grande for Liverpool.i
LIMERICH.—Arrd. Ellen Forrestal, Banbury St.
John's, New Brunswick; Jane Steward, Quebec.
BELFAST, JULY 10.—Wind N.N.W.—Arrd. etas-
rina, Christensen, Quebec.
DUNDEE'.—Arrd. Caroline, Marsh, Quebec.

HULL, JULY 11.—WindE.S.E.—Arrli. lltlia, Marcea•;
Buccleugh, St. John's, New Brunswick.

GUTTA PERCHA.—Some very large importations
have taken place of this now very serviceable article of mer-
chandise, which has become applicable to so many and vari-
ous purposes. The vessel Mary, arrived from Singapore, has
brought 9,261 lumps, and 6,400 parcels of the article, con-
signed to order; and the vessel Hyderabad, arrived on the
same day from Singapore, brought 17,326 parcels, and also
3,450 blocks of the article, consigned to order.

MARKET NEWS.-(THIS DAY.)

CORN EXCHANGE.-(FRIDAY.)

The total quantity of English Wheat received up to
our market this week coastwise', has not exceeded
1,990 quarters. By land carriage the arrivals fresh up
this morning were limited. Notwithstanding that the
attendance of buyers was small, the demand for all kinds
of Wheat of home produce was somewhat active, at
fully Mocday's advance in the quotations. Upwards of
14,000 quarters of foreign Wheat have reached us.
Selected qualities of both red and white moved off steadily
at very full prices. The middling and inferior kinds
were steady.
No English Barley offering ; but the supply of
foreign was on the increase. O❑ the whole, a good
business was transacted at full quotations.
We bad a fair demand for Malt, and late rates were
well supported.
Good sound Oats were in request, at full prices. Se-
condary parcels met a slow inquiry.
Although very little was doing in Beans, Peas, arid
Indian Corn, holders were firm. _

The top price of the best Town•made Flour was 40s
per 280165.

ARRIVALS THIS WEER.
1 Wheat. Barley. 1 ' Oats.
Qrs. Qrs. Qrs. Qrs. Sacks
1,990 50 560 2,950 3,140
,
14,610 10,010 18,110 1,200

Malt. I Flour.

English •• •• • •
Scotch •• •• • •
Irish •• •• •• • -
Foreign • • • • • •

SMITHFIELD.

Although oar market to-day was very moderately
supplied with Beasts, the demand for that description of
stock ruled heavy, at prices barely (quid to those of
Monday, and a tutal clearance was wish difficulty sup-
ported. The number of Sheep were on the increase
and of full average quality. All breeds met a very slow,
inquiry, but we have no actual fall to notice in the quo-
tations. For Lambs—the supply of which was large—
the demand ruled inactive, at a decline in the currencies
of 2d per Sibs., the primest Down qualities of Lamb
selling at 4s 8d to 4s 10d per 81bs. Calves were in good
supply, and heavy inquiry, at late rates. Iu Pigs, next
to nothing doing. Mitch Cows were offering at item 141
to 181 each, including their small calf.