The Sun.
London, England, 1850-10-02 00:00:00

ITALY.

The Paris Moniteur du Soir of Monday night has
the following :
" We are assured that news has been received to-day
of the Piedmontese Ministers having sent in their resig-
nation to the young King. The members of the Cabinet
wish to leave to new men the task of negotiating a
friendly arrangement between Piedmont and the Papal
Court."
We read the following in the Risorgimento of
Turin of the 27th ult.:—
" Yesterday, at the general sitting of the Magistracy
of AppAal of Piedmont, Advocate-General Peraoglio
presented a requisition for the purpose of obtaining
the exile of Monsignor Franzoni, and the sequestration
in the hands of the Economate of the property belong-
ing to the archiepiscopal see of this diocese. Both these
propositions were admitted by the judges, in con-
formity with the conclusions of the law-officer of the
Crown."

To this information the Opinione adds that thir-
teen judges out of fourteen pronounced the condem-
nation of Monsignor FRANZONI, and that the latter
was to be escorted to the frontier on the following
day.

GALLANT CONDUCT OF A NAVAL OFFICER.—On
Wednesday last a little girl, whilst playing on the wooden
bridge crossing the Mill Goit, at the bottom of Kirkgate,
accidentally fell into the water. Several persons were pass-
ing at the time, but none interfered to save the child until
Captain H. C. Binstead, R.N., who happened to be coming
by, saw the occurrence. He immediately threw off his
hat and coat, dashed into the stream, and succeeded in
bringing the girl safe to shore. A few moments later, and
the efforts of her gallant preserver would have been in vain,
as the current is very strong at that particular part of the
river, and would probably have absorbed her in its vortex
but for the timely rescue thus afforded.— WakefieldEzaminer.
THE OIL FISHERIBS.—The ship Emma, just ar-
rived from St. John's, Newfoundland, has brought 168 casks
of seal, and 117 casks of cod oil, 715 bundles of seal skins, 29
packages of cod liver oil, and a quantity of cod fish ; and the
vessel Symmetry, arrived from the same place, has brought
224 casks of seal oil, 32 casks of cod, and 80 casks of cod
liver oil, and a variety of other productions of that distant
fishery of North America.

DEATH BY DROWNING.—Mr. Henry Lahiff, eldest
son of H. Lahiff, Esq., of Cloon, in the county of Galway,
went to bathe last week in the Surges, on the snore of Spod-
dal, in spite of the remonstrances of his friends, and was
drowned.

MONEY and COMMERCIAL NEWS.

Y, TWO O'CLOCK.
The sales of C. tton at Liverpool yesterday were esti-
mated at 6,000 bales, of which 501; American and 500
Egyptian were taken for export, and. 2,600 American on
speculation. The market closed firmly at full prices for
all kinds, and common American a shade against the
buyer. The sales comprised 4,500 American, 250
Pernam and Maranham at 8d to Bfid, 400 Egyptian at
84cl to 911 d, 600 Surat at 5d to bid, and 20 Sea Island
at 1 s 4i-d per lb.—ln Railway Shares a good business
was done, but the market closed rather heavily.
Various interesting items of commercial information
are contained in a letter from Messrs. Schroeder and
Manning, dated New Orleans, the Ist ultimo, and we
select especially those that refer to the crops of the most
important staples. First, as to Cotton, it is stared that
" the total receipts, at all our ports, up to the latest
dates, amount to 2,071,477 bales; and the crop, when
ultimately made up, will probably vary but little from
2,100,000 bales. As our tables will show, nearly the
whole deficiency in our receipts has fallen upon Great
Britain, our exports to that country having been 247,629
bales less than last year, whilst there is an increase in
our exports to the northern ports of 8,032 bales.
The question as to the probable extent of the next crop
of cotton is one of most absorbing interest, and the chances
for or against are watched with great anxiety. There
can be no doubt that the planting season has been the
most unfavourable one known for years, and that, up to
the middle of June, the prospects for the crop were less
flattering than for several previous years. At this pe-
riod, however, a very favourable change in the weather
took place, and from that time until now the general sea-
son has been highly favourable. Although the reports
from the country are still somewhat contradic-
tory, it appears generally conceded that a wonderful
change has been operated in favour of the plant, and as
gloomy as were the prospects some mome months ago, as
certain are they nos for a fair crop, provided the re-
mainder of the season be propitious. The plant being
backward in comparison with other years, a late and
lenient fall is required to attain this desirable result. It
being of course impossible, at this time of the year, to
state the probable extent of the crop with any degree of
accuracy, we can only mention that the most general
estimates run from 2,290 to 2,400 bales."
Iu tobacco there have been material changes this
year. Up till April prices had risen materially, but had
subsequently given way, and the market continued dull
for a considerable period, the continental letters being
unfavourable, and buyers keeping aloof. "At this time
of the struggle between buyers and sellers, in the month
of June, holders began to receive a most opportune aid
in the shape el unsatisfactory advices about the growing
craps of touucco, which has proved a powerful support
for the maintenance of the value of the article. Buyers,
perceiving the uselessness of further efforts under
such circumstances, found themselves compelled
to yield the victory to their adversaries, and are
entering the market again, one after the; other,
although operating with caution and reserve. The
French and Spanish contracteurs likewise came forward
and operated to some extent, and thus the market
became relieved. The accounts about the crop getting
worse instead of better, and a great deal of the tobacco
on sale being in consequence withdrawn by order of the
owners in the interior, the market being under no pres-
sure of stock, regained all its former buoyancy; and
although the operations have ever since been on a mo-
derate scale, prices are now, at the close of the season,
as high as ever before, and for some qualities
even higher. The buyer for the French regie,
perceiving the had business he had entered
into, by contracting to furnish 4,500 hhds. of tobacco,
at an average of sic, per lb., for which he found himself
obliged to pay 2c. per lb. more, held back as long as he saw
a chance for a decline in prices. As this had vanished,
he Weir several cargoes, together about 2,500 hhds.,
which have gone forward to different parts of France.
Whether the balance of the contract is to be bought
later, or whether-313e completion of the same has been
abandoned, under payment of forfeit, is not yet known.
The quality of last year's tobacco, generally speaking,
was a poor one, and has by no means turned out
as good as all advices from the interior
about the same led us to believe. It has thus
again been proved that such reports cannot be relied on,
and that it is useless to pronounce upon the quality
unless the tobacco has actually come to hand. The
instructions for not selling given by persons who have
the growing tobacco-crop under their eye and observa-
tion prove that planters are sincere in representing the
prospect for the same as a most gloomy one, and all
information which we receive from our own correspon-
dents coincide with this view of the case. It appears
that planters have been thwarted more than ever before
in their labours, and that every species of enemy has
assailed the plant, such as flies, cold, wet, and
dry weather, each appearing at the most
inopportune periods. Thus, the crops planted are not
only much less than aimed at, but much behind in time;
and it will require, therefore, a very genial fall to bring
the crop to maturity, and to allow planters sufficient
tims to gather it. Although, as it is yet impossible to
state what the result may be, yet we would venture to
say that our next year's receipts will be between 45,000
and 50,000 hhds. Whether such a small crop, followed
upon already four short ones, will furnish a sufficient
quantity for the consumption of the world, particu-
larly in the face of deficient crops also in Vir-
ginia and Maryland, remains to be seen. Whilst
there are many parties who predict a further
rise of prices as
.inevitable under the circumstances, so
much appears to us as pretty certain, all expectation of
a decline must for some time be abandoned.
"In relation to the new crop of Louisiana Sugar, we
must remark that, in common with all other crop, its
early progress was retarded by an unusually unpropi-
tious spring. For nearly three months, however, the
weather has been particularly favourable for promoting
the growth of the cane, and the prospects are now, that
with a favourable fall the next crop will at least equal,
if not exceed, the preceding one ; for what has
been lost by overflows, ample compensation will
be made by a materially extended cultivation.
" A remarkable feature of the season is the very large
falling off in the receipts of Flour and Grain, which
has mainly resulted from deficient crops.
" The first cargo of new Coffee arrived on the 18th
September, 1849, which was earlier than usual, and the
greatest p a-tion was sold at Etic. and 9c. per lb. This
cargo, as well as all others, sold before the sudden de-
cline in prices took place, gave fair profits to the im-
porters, but more than double of such gains have been
lost again on all Coffees sold at the afterwards much re-
duced rates. The losses have, indeed, been very heavy,
amounting on many cargoes to 10 dolls.
per bag, and taking it altogether, the season's
business has been a very unsatisfactory one to the
importer. Late accounts from Rio, just received, and
stating that the next new crop of Cuffee will materially
fall short of the estimates, has brought about a specu-
lative movement, and several holders have withdrawn
their stocks from the market; others have raised their
prices, and are asking 11c. The highest price paid as
yet is lOic. Stock in first hands, 25,000 bags."
The Amsterdam market on the 30th ult, was quiet.
Dutch Two-and-a-Half per Cents 57 1-16.
The English Stock Market has been steady, although
the intelligence from Holstein is unsatisfactory, the war
having recommenced. Consols have realized 96i
for Transfer, and 964 for Account. Exchequer-bills
have been marked 635. to 665., and India Bonds, 84s. to
87s. premium.
Mexican Bonds hay!'
e Cents. are 57ia
The Foreign Securities have been in moderate re-
quest. Spanish Five per Cents. 18i
Grenada have been 183, a decided advance ; and Vene-
pcieuresCLentSsp.
zeula are firmer at 33. Portuguese realized and the
3Tlhiriee;
Four per Cents.
SpanishOlauingadhltpnot at the highest rates
Three Fer Cents.
are still comparatively buoyant, and
lately
Railway
obtained,
tynt:
hqnseuThdoarit:e
Two
-and
although
with a good deal doing in them.