The Sun.
London, England, 1850-11-19 00:00:00

TUESDAY EVENING, NOVEMBER l9, 1850.

THE FRENCH REPUBLIC.

We have received the Paris journals of yesterday.
The new levy of 40,00 men, although ostensibly
for the protection of the German frontier, is really
intended for aggressive operations in conjunction with
Austria against the Protestant cantons of Switzer-
land, where the Sonderbund faction is to be restored
to power by foreign bayonets. " The time is come,"
said the Jesuit-inspired Univers," "when Protestantism
must be extirpated at the point of the sword."
The National has the following on this increase in
the army :
" It is thus that we are about to return within the
limits of ordinary expenditure. New credits will be de-
manded of the Assembly, and the promise of economy
held out by the budget will be made to share the usual
fate of promises of this kind; this last one did not hold
even a week. M. Bonaparte, like Louis Philippe, keeps
us down to that ruinous state of things called au armed
peace, than which we can conceive nothing worse either
in a political or financial point of view. The accumu-
lated deficiencies of eighteen years are then to bear wit-
ness that a war would have cost us less."
The Minister of War has addressed the following
circular to the intendants of the military divi-

TILE SHARE MARKETS.

BRITISH RAILWAYS.

'id. 1 Nominal Pricer.

i 0 815; tog
6 8 Iz,i4 —l% die

7 •61fi —6N dis.
• ••

6 1 }4 -1 p.

27 -29
2G -27

15 7% - 83413
15 6 - 7 P

l 4 01 10 -11

[OO 67 -68
17% 173( - 17%
501.14-10
10 5% -5%
50
50

sions :
" Monsieur flntendant,—On accepting the post of
Minister of War I made known by my order of the day
of the 25th d October last, that the army would be the
object of my warmest solicitude; it is sufficient for me
to say, that as far us regards its comfort I rely on the
active co-operation cf the military administration to
second me in that important part of my missior.
To exclude no new system the application of which
would be useful and opportune, but also to retain
those which have been proved by time and experience
is, in a few words, the objects which I propose to my-
self. Whatever may be the decisions come to on this
subject, the obligations of the military intendance axe
clearly marked out. They demand a conscientious and
indefatigable solicitude for the maintenance of the rights
of the parties receiving, and a vigilant and enlightened
control as the indispensable safeguard of the public trea-
sury, and which is the more readily exercised as its in-
dependence is guaranteed by the law, and a calm but
firm surveillance to prevent abuses from whatever side it
may be sought to introduce them. From the strict ac-
complishment of these duties depends the consideratio❑
of the whole administration. I have its dignity too
much at heart, I know too well the utility of its action,
and sacred interests which are connected with it, not
to be decided to act with as much rigour against any one
who shall fail in his duty, as I should feel pleasure in
recommending to the consideration of the Government
such functionaries and agents as may have acquired
claims to the gratitude of the country and of the army.
In the one as in the other case, your co-operation is ne-
cessary to me; and to render it more efficacious, my
authority will always support yours in the limit of law
and equity.—Receive," &c.
PARIS, MONDAY, Nov. 18, FIVE P.M.
The Bourse was down to-day, and there was only a
trifling amount of business transacted. The Five per
Cents. opened at 92f. 75c., rose to 93f. 10e., and closed
at 92f. 95c. Tho Three per Cents, closed at 57f. 80c.;
the New Piedmontese Loan, 85f.
BUSINESS DONE IN FOREIGN RAILWAYS AT THE
LONDON STOCK EXCHANGE, Nov. 18.
Boulogne and Amiens, Central of France (Orleans
and Vierzon), I4l,4—Great Indian Peninsula, 1% Luxem-
bourg, I%—Northern of France IVA—Paris and Rouen,
23%—Rouen and Havre 9%.

12% - 12
11% - 12%

1

SIA
15 28

..
--26 ale.

I 1
1% -2
8 14

.% I I

-1%

R .. -..
10 1 6% -5%

13 4 % % p
3 4 par p

10 I 11% - 11%

55 -57

56 - 6634
5 -4% p

6% -:7%

4% - 4

!ft 19 - 19%
1.5 8% - 9

6% 1 - -..

t 5 30M - 29%
i 0 23 -25

Business done
to-day.

9 8% 10
19 dls.

10 9%

[15%
IS 17 1617)
12%

2%
1% %

6% % %

1 4 -1%
3i - 34

14% 436

14 %

[
723 7273 72%
10

48 P
34

2U %3f %

19
14 cll4.
16
—4

11% %

7% ',6

-7
—5
—9% diet

- 18
-41%
- 774 1).

- 18
-7%
- 1 p.
- 10

6 dis.

-- 13

die.
13%
—3% dim.
IL
3)6 die.
20%

84% 85

-2 ..
6

—4% db.

7 Cs.

-3%
- 4
- 14%

- 21%

44 -443

58 1,1 %

16% - 17%

118% %
19% %
153 %

693 69 69U
[69%

42%%

13 12% 13%

to I 8

15%
- 3fi

8% dig.

9 I
14 4%%
1 -
5 3

4 dls.

23 23%
Ifi 2 dis.

17 M 18%

7[19
IN % % IS
42

7% %

10% 11

7% 7 li cus
dis.

2%
12% 13

20%%
20% 20 20%

26 2*, 6

MINES.

Consols ... .:
Ditto Account, Dec. 11 ...

23% % %
8% %

2% %

ex. d

days for regis-
and 29th.]

Paid. Nominal Prices. Business done
to-day.
---
Anglo.Mexican(is. 51. p.) 100
Asturian ••• • • 15 ..
Australian 4 3 —33
Barossa Range ..... 113 0 3% —3%
Blaenarvon Iron and Coal 10
Bolanos Scrip ........
British 1r0n...... • • .... 13 5 ..
Brazilian Imp. (Is. 57. p.) 24%
Do. Cocaes and Cuiaba 30 3% •3%
Do. St. John del Rey.. 15 14% —l5 15
Cobre Copper . ..... 40 331,4 32%
Copiapo ............
General.. • • .. •••• • • 20 .
Real Del Monte, I.7hreg.
Do. Black Debentures .
Do. Red Debentures ..
Santiago de Cuba ...... 10 9 914
Tin Croft . ••• • • • • 7
United Mexican.... 28 28% —6%
MISCELLANEOUS.
Canada ••.•••• • • • • • • 32% 41% 42% 42% 3
Gen. Steam Navigation . 14 26% —27 27%
Penin. & Oriental Steam. 50 79 —BO 80
Royal -Ilan Steam .. • 60 66R, —67

MONEY and COMMERCIAL NEWS.
CITY, TWO O'CLOCK.
The sales of Cotton at Liverpool yesterday were
estimated at 6,000 bales, of which 500 American, 300
Egyptian, and 200 Surat were taken on speculation.
The market closed firmly, at about id. per lb. advance on
Friday's rates—ln Railway Shares a good business was
doing, at higher prices.
In a communication from Messrs. Schroeder and
Mummy, of New Orleans, we have a detailed account of
the position of the state of the markets for several im-
portant staples, from which we take the following:—
"Soon after the close of our last report of 12th inst.,
the Cotton Market became dull and heavy, and the effect
produced by the frost news wore off, the reports of great
damage not having been confirmed. Rather unfavour-
able accounts from abroad increased the dullness, and as
factors showed a disposition to sell, the decline in prices
during the week amounted to Ito-I of a cent. Pur-
chasers were again brought forward by this concession
on the part of sellers, and the transactions of the week
amounted to 14,000 bales.
" This improved inquiry has lasted all through the
second week, and the supply on the market being ample,
the sales were to a considerable extent, viz.-22,900
bales, at gradually stiffening prices, and the market
closes to-day in nearly the same position it occupied
two weeks ago. The demand continues to run on the
lower grades, and these, being scarce, are relatively
higher than the better qualities. The bulk of the busi-
ness done has been for the English markets, and it
appears that discretionary orders are generally being
acted upon.
" In relation to the crop, the opinion is growing daily
stronger that the ;Meld will be a small one, the unprece-
dented fine picking season notwithstanding. Whilst
some well-informed parties contend that the crop will
not be larger than last year, there are few who estimate
the same above 2,200,000 bales. The accounts from the
interior state pretty generally that the picking season is
nearly over.
" The news from Kentucky respecting a severe frost,
which we noticed in our last Circular,' has been fully
corroborated by later accounts, and its effects are de-
scribed as very desolating. The following is an extract
of a letter, dated the 9th of October, at Hopkins-
silly, Christian County The severe frosts of Satur-
day and Sunday nights were more destructive to the to-
bacco crop in this vicinity than any such disaster in
the memory of the earliest settlers; being wholly unex-
pected, it found most planters with a third, end in some
instances a half of their crop in the field. The propor-
tion of the crop lost in our adjoining counties is esti-
mated by the best informed at fully one-third. Holders
here are in expectation of realising immense prices, and
listen to no offers.'
"This intelligence, arriving at the same time when
very favourable accounts in relation to the article from
the English and the Northern markets were received,
created a great excitement with us, and induced some
factors to withdraw altogether what they had on sale,
whilst others claimed considerably higher prices. An
active demand sprang up at the same time, partly for the
execution of telegraphic orders, partly for purchases on
speculation, and holders succeeded, therefore, easily in
realizing their asking rates. These they have been ad-
vancing daily, until they are now about two cents
higher than before the frost news—viz., 16 days ago.
" The transactions during the fortnight, sum up 2,200
Mids., anti the market is left with barely any available
stock, excepting such parcels as are held at still higher
rates than those at present current. Mason County To
bacco has participated to some extent, in the prevailing
brisk demand, although the crop of this description,
generally early, appears to have been cut and housed
before the frost took place. The sales noticed above
include about 300 hhds. of this leaf, at about one cent
higher rates.
" The first direct cargo of Coffee from Rio arrived on
the 17th instant, just one month later than the first
arrival last year, viz., the Rebecca, with 5,590 sacks
Coffee. The price asked first was 13e., but no sales of
consequence could be effected at this advanced figure,
and the holders were therefore compelled to moderate
their pretensions, and are now willing to sell at 12c.
per lb. About 1,000 sacks have been disposed of this
cargo at the latter price, but the absence of any de-
mand for the west, on account of the still interrupted
navigation, holds purchasers in check, and the inquiry
is likely to be moderate until the news of a rise in the
upper rivers is going to give more life to this branch of
business."
Port Phillip advices of July 23 have been received.
They describe the colony as being in a flourishing state,
but still much in want of labour, and ridicule the idea
entertained at home, and expressed in one of the Lon-
don journals, that there is a gluts On the contrary, it
is shown that public works are deNlyed for want of hands,
the Government being afraid of entering into competition
with the farmers and others, and abstracting the bands
from their =plop:Beet. Wages, even with the influx
of 17,000 emigrants during eighteen months, were higher
than previously.

Cap' oof GOod Elope advices of September 25 have
been received, and they describe the condition of the
Natal settlement in encouraging terms. The harbour
was' much improved. .Most of the emigrants wrecked
in the Minerva had settled down to a comparatively cer-
tain subsistence, and 5001. had been subscribed in
D'Urban alone for their relief. The higher range of
country at Quathlamba was not so be relinquished.
The Overland Mail has arrived, and the letters de-
scribe business in imports as being rather quiet at Bom-
bay. In China the Tea Market was firm, and expected
to go higher.

Frankfort accounts of the 16th quote Austrian Four-
and-a Half per Cent. Metallics 64k, with a great deal
doing, and the rate of exchange on Vienna had risen
21, being 96 to Vienna Bank Shares were 1,087.
Spanish Three per Cents. 33 to I.
The English Stock Market has been very firm, and
although the transactions are limited, there is an ad-
vance of e per cci:t. in the quotations of Consols for
Account, via .to 97 and 97i-. For Transfer the rates
have been 96i to 97. Bank Stock has been firm at
213. Exchequer-bills are 675. to 709. premium. The iu-
telligence from the continent is of a pacific character
again, and bears a favourable oonstruction, but the
transactions have not been of importance either for pre-
sent transfer or on speculation.
The Foreign Securities are again rather heavy.
Mexican have been quoted 314 j, and Peruvian Four-
and-a-Half per Cents. 80. Chilton Three per Cents.
have been marked 61i. Danish. Bonds are steady at
par. Russian Five per Cents. have been marked 108,1
to 1091, and the Four-and-a-Hrdt per Cents. 96 to 4.
Dutch Two-and-a-Half per Cents. have been down to
57 and 561.
Railway Shares have been buoyant. North-Western
have been up to 181 prem. Great Western are firm at
72 to Eastern Counties have touched 6k to -I.
Oxford and Wolverhampton have risen to 18i. Foreign
Shares are steady.
Mines and Banks are quiet.
QUARTE.R TO THREE.
... 96,i 97
97 9'l
ONE CLOSING
PRICES OF BRITISEt FUNDS O'CLOCK. PRICES.
Bank stock
3 per Cent. Reduced Anna.
3 per Cent. Consols Annuities... 96% 97 97
New 314 per Cent. Anna -.....- ..... . 973/'ci 97%
Long Anne. to expire Jan.lBgo 734,7 13-16 7 13-16
Ditto, 30 years, Oct. 10. 1859
Ditto 30 years, Jan. 5, 1860. 8 8% 8%
India Bonds, 1,0001 ........... 87 90 p p
Ditto under • .. 90 p 90 p
Coneols for Account 971/2 97 97
Exchequer Bills. 1.120. & 2d
1,0001. Jure 7O 67 p
t OW. June 7007 p
Small. June 7O 67 p

67 p
67 p

67 i)

oNE
PRICES OF FOREIGN FUNDS. O'CLOCK.
Brazilian Bonds
Chilian Bonds 6 per Cent ....
Ditto, 3 per Cent....... 61%
Danish 80nd5,1825,3 per Cent.
Do., 5 per cent
Equador Bonds
' tkiezlean 5 per Cent.lB46, with Coupons—
Ditto, Ex Jan. Coupons
Ditto, Account
Peruvian-Bonds, 41AR per Cent BO
Portuguese 5 per Cents.
Ditto,4 per Cent.
Aussian Bonds ... 1091,42 1084
Ditto, 414 per Cent
Bpt.niL4h 5 per Gait. 1840 le%
Ditto Account ..... .. —
Ditto, 3 per Cent
Ditto, Account
Oivicb.nds on the above payable in Londor,

CLOSING
PRICES.
8714

-
61%

100
8 iii;

32
3134
80
86:%,
33'frs
108,4
564
13%
18

--
391

.. •
Beligan, 41,i per Cent.
• ot;T(r, -z:ly., tOgr 6Esnt., i 2 Guild.
Ditto, 4 per Cent. Certitieatw 8712 86 ji,

LLOYD'S SHIPPIN G.-( THIS DAY.

LONDON, NOV. 19.—Wind at noon S.W., fresh breezy
and fine.

SINGAIORE, OCT. s.—The Aqua Marine, Whampoa
to London, struck on a bed of sunken coral rocks in
Gapar Straits 30th Aug., was abandoned with 13 feet
water in her hold, and was set on fire to prevent the
cargo falling into the hands of the pirater.
MANILLA, SEPT. 23.—The Bounty Hall, liong-Kong
to Bombay. struck tin a coral rock Bth Sept., in lat. 10
N., lon. 113 E., and was lost; crew saved. The Mathesis,
from this port, has been found to be unseaworthy, to
require heavy repairs, and its she cannot procure funds
for the same, has hum ordered and advertised to be sold
7th Oct. next.

LIVERPOOL, Nov. 13.—The Gazelle, from Liverpool;
at Tampico, on tho 28th Sept., went ashore, and was dis-
charging on the iter,ch.
_WF.xFonn, Nov. 17.—The Magnolia was floated off