The Sun.
London, England, 1850-10-23 00:00:00

ITALY.

When it was known at Rome that M. PINELLI had
presented an official demand to the Roman Govern-
ment for his passorts, several of the representatives
of the Catholic powers waited upon M. PINELLI, and
urged him to postpone for a short time so grave a
determination. M. PINELLI replied that his instruc-
tions on the subject were precise, and that he had not
the power to alter them. The attempts of his col-
leagues were consequently useless.

----
—About
ALARMING FIRES AND PROBABLE Loss ODLIFE.--
Yesterday morning a serious fire broke out in the residence
of Mrs. Bridgett, No. 3, Great Coram-street, Russell-square.
It commenced in the front drawing-room, and was occasioned
by the intense heat of a register stove. The flames could
not be extinguished until considerable damage had been
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eg a great
.
three hours later a fire, which was nearly attended with
fa, al results, happened at 34, Devonshire-street, Commercial.
road East. It was extinguished, but not until some fund-
ture was destroyed and the premises severely burned...._
Shortly before noon on Monday a fire happened at No. 41,
Union-greet, Middlesex Hospital. A child between seven
and eight months old was so badly burned that its recovery
is almost hopeless.
CHANCERY REFORM ASSOCIATION.—The first public
meeting of this Association took pace last evening at the
Mechanics' Institution, Southampton-buildings. Mr. Merry-
weather Turner presided. The meeting was addressed by
Mr. Ashton, Captain Dowling, Mr. Rainey, Mr. Carpenter,
Mr. Alfred Richards, and Captain Saumarez, and various re•
solutions in favour of Chancery reform were proposed and
carried.

AQUATIC RENCOUNTER.—One day last week, i❑
the beautiful sheet of water, Hatherton Lake, Lichfield-street,
Walsall, a norel rencounter was witnessed. A goose, while
its beak was under water, was seized by a pike, and a strug.
gle for life ensued ; the poor goose was seen to go under
water several times anti come back, only the body being
visible, its head not rising above the surface, till at last it
sunk altogether, a prey no doubt to its ravenous assailant.—
Staffordshire Advertiser. _

THE COD FISHERIES.—The ship St. George, ar-
rived from Greenland, has brought, besides a large quantity
of blubber, seal-skins, and whale-fins, the large number of
1,700 cod..fish, the produce of that district fishery..

MONEY and COMMERCIAL NEWS.

CITY, TWO O'CLOCK.
The Cotton market at Liverpool yesterday was very
firm, sales about 6,000 bales, nearly all American, of
which 500 were taken for export.—The Share market
was active, and a good business was transacted at about
previous quotations.
Some of the continental mails are behind time this

At Stockholm, recently, there has been an unusual
number of ships, and this occasioned a slight de-
pression in freights. The imports were moderate
generally, but large supplies had been received of grain,
coals, and spirits, which consequently were rather dull
of sale. Coffee, tallow, and some other articles were
brisk, and had an upward tendency.
In our notice yesterday of the important letter from
the Secretary of the United States Treasury, concerning
frauds upon the revenue, we by no means exhausted the
subject, for it has numerous bearings, and not the least
interesting is the admitted necessity of protecting mer-
chants of known character, who are forced, as is stated,
to abandon their business as importers, owing to the
competition of less scrupulous parties who evade pay-
ment of the full duties. Whether the American Legis-
lature will make the required alterations, and substitute
valuation in the Atlantic ports for the European in-
voiced prices, is 3etto be determined. To elucidate
more fully the real and existing state of the law, we
give the following extracts from the circular of the
Customs' officers, which was called forth by the allega-
tions that importers were in the habit of omitting to
produce invoices of merchandize on the alleged ground
that none had been received, and asking entry to be al-
lowed on appraisement:—
" The frequency of these occurrences forbid the idea
that the non-reception of an invoice usually proceeds
from mistake or accident, but induces the belief of in-
tention and design, probably with the view of evading
the additional duty imposed by the 17th section of the
Act of the 30th August, 1842, and the eighth section of
the existing Tariff Act of 30th July, 1846.
" ' Where goods have been actually purchased, the law
requires the invoice to state the true cost, and not the
market value abroad. The privilege, therefore, given in
the eighth section of the Act referred to is to enable
importers of any goods that have been actually pur-
chased, on making entry of the same, to add to the cost
given in the invoice to bring it up to the true market
value abroad.

" Where goods have been obtained by the owner in
any other way than by actual purchase, the law re-
quires the invoice to exhibit the fair market value
abroad.

•• • Where the value declared in the entry shall, on due
appraisement of the goods, be found so far below the fo•
reign cost or market value as to raise a presumption of
being fraudulently invoiced, seizure and confiscation of the
goods should take place under the provisions of the Act
of 2d March, 1799, and prosecution of the offending
party, under the 19th section of the Tariff Act of 30th
August, 1842, instituted.

onthe sth of July, 1850, it became necessary to
repeat, in substance, the rules and regulations prescribed
by Secretary Walker, in regard to the date in reference
to which appraisements of the market value of imports
should be made:—

" That the period of the exportation of merchandise is
the time at which the value or price of any article is to
be fixed by the appraisers.
That in ordinary cases the date of the bill of lading
may be regarded as the period of exportation.
" "Ihat where merchandise shall be entered at ports
where there are no appraisers appointed, the foreign
value is to be ascertained, in the manner before pre-
scribed, by the revenue officers to whom is committed
by the laws the estimating and collection of duties in
such cases.'"

It is satisfactory to notice a trifling rily in the rates
of exchange for bills upon the principal cities abroad,
but upon inquiry we could not learn yesterday afternoon
that any large amount of business was done; on the
contrary, there were in bills upon Vienna and one or
two other places, scarcely any dealings, confidence con-
tinuing at too low an ebb in respect to Austria. Bills
at 90 days date were quoted 25 424 to 45 on Paris, 25
424 to 474 oil Antwerp; 11 19 to 194 on Amsterdam;
13 94 to 10 on Hamburgh; 119 a to 8 on Frankfort;
and 12 7on Trieste. Silver is still rising in value.
Standards bars are now ss. d. and new dollars 4s. 104 d.
The market for Public Securities has been depressed
this morning, the decline in the quotations being about
/ per cent. The wet weather has undoubtedly some in.
litience, for the foreign intelligence is not of a different
character to that of late received. Everything is un•
settled abroad, and at any time political trouble may
be renewed, but as far as England is concerned, these
will not generally be of a nature to affect the values
of Stock, except speculatively and for the moment. Con-
sols have been 974 for Transfer, and 971 for Ac-
count. The New Three-and-s Quarter per Cents. have been
98k to 99, and the Threo per Cents. 96i to 96k. Bank
Stock has risen to 211 and 2114, and India Stock is
firm at 269. Exchequer Bills are steady at 67s to 70s,
and India Bonds at 88s. to 91s. premium.
The foreign market has been very quiet, and rather
flat. Peruvian Four-and-Half per Cents. have been
quoted 81, and the Deferred have been done at 36 and
364. Mexican Bonds are 31i to 32, aed Brazilian 90
to 90134. Portuguese Four per Cents. have realized 344.
Russian Four-and-a-Half per Cents. have been 874.
The Railway Share Market has given way, and lower
values have been submitted to for several of the lines.
Great Northern continue in favour, but Midland, Great
Western, South-Eastern, York, and North Midland, and
haveothers, ave lost the previous advanee. Brighton keep
up, and among the foreign lines. Namur and Liege, and
Sambre and Meuse are well supported. East India are
a shade higher. Mining, Joint Stock Bank, and Steam
Navigation Companies' shares have been in demand.