The Sun.
London, England, 1850-01-16 00:00:00

GERMANY.

The Kolner Zeitung, of the 15th inst., publishes
the following telegraphic dispatches :
" BERLIN, JAN. 13, 12 o'CLocx.
"In its further consideration of the propositions ( f
the royal mes:age,
t he
ArtCommittedArticle
100 of (
rt
ehspeecting a
Lower
nHouseigh
Lai declined accepting
Cow t) and Article 13 (treating of the legality of
orders), while Article 11 (judicial proceedings against
functionaries) and Article 12 (containing a preamble to
paragraph 105 of the Conr.ftution) bare been accepted."
"JAN. 14.

" There is a probability of a compromise beine ef-
fected between the Parliament and the Cabinet. The
COmmittee of the Upper House has considered Article
7, treating of the composition of that Howe. It was
resolved to assent to an hereditary peerage, though with
some modifications of the original proposition of the
Government, and under the condition of the Govern-
ment granting a greater power to the houses respect-
ing Article 8, which treats of the ways, means, and
supplies.
"The committee of the Lova/. House has farther re-
solved to negative 9, to, and 13 (treating of the Lower
House, 1•f a, High Court, end of the legality of Minis-
terial d‘crfe.), and to accept Articles 11 and 12 (im-
peachas'at cf f.,notionaries, and preamble to the
municipal law)."
A. Berlin letter of the 12th, in the Kolner Zeitung,
contains a positive assertion cf the probability of a
compromise. The correqondent, who seems to be
extremely well informed, protests that several half-
official articles which have lately disturbed the
public mind are neither morn nor less than the
" ground-swell of certain indiscretions," and that
unless the Royal message:were negatived from the first
letter to the last (an event which is by no means
probable), the Ministers will be enabled to remain in
office. The same correspondent asserts that the
KJAQ is /Waved to dike his 00,02 to the Constitution,

even if his propositions were totally disregarded ;
that the Erfurt Parliament is a political necessity for
Prussia ; and that it is equally necessary that the
solution of the Prussian crisis should precede the
meeting of that Parliament.

A letter from Berlin states that, in consequence of
a military convention between Mecklenburg and
Prussia, the army of the former is henceforth to form
part of the sth division of the Prussian army, and be
placed under the orders of General WRANGEL.

- The Austrian journal the Presse, recently suspended
at Vienna, has been interdicted in the Buckownie,
Gallicia, and Cracow.
General larNAu has published a notification at
Pesth to the effect that sequestration of property for
political offences shall no longer be pronounced ; and
that those persons who may think themselves in-
jured by sequestrations already declared, may ap-
peal to the military commanders of districts for
redress.

It appears from the liTurtemberg papers that the
public opinion in that country, though but lately op-
posed to the Prussian league, is beginning to set in
with a still stronger current in its favour. Public
declarations for the Federal State and the Erfurt
Parliament are frequent, but the KING and the Go-
vernment of Wurtemberg are still opposed to Prussia.

MONEY an 4 COMMERCIAL NEWS.
CITY, QUARTER TO THREE.
The Cotton Market at Liverpool yesterday was firm,
and prices of Surat were nearly d. per lb. hie er. The
sales were estimated at about 5,000 bales, of which
1,500 were taken on speculation. The sales comprised
3,000 American, 350 Pernam and Maranbam, at 61d. to
qd.; 300 Bahia, at 68d. to 60.; 150 Egyptian, at 7p.
to 80.; and 1,000 Surat, at 440. to 4-id. per
way Shares were firm

A work cf considerable utility to the large and infld-
ential class iu this country engaged in mercantile pur-
suits, as well as to the statistician, has been completed
by Mr. D. M. Evans, most favourably known as
the author of " The Commercial Crisis." The book
in question is entitled " The Annual Commercial Register,
and General Record of Prices in the Year 1849," and there
is no subject of prominent, we might truly affirm of
even minute interest, upon which banker, merchant,
stockbroker, or trader, may not consult it. If we were
to select portions that seem to us mere partieulsrly to
meet a wart that we have ourselves, no doubt in common
with hundreds a ethers, too often experienced, we
should point t) the record cf &t meetings c f public
companies, &P., held in the city of London, the date cf
the arrival of mails, frequently irksome to trace back,
the accouLt cf a'l matters affecting the it-
terest of foreign bondholders, comprised within
the year, notices of important bankruptcy cases, Board
of Ti ale returns, events in the colonies and foreign
countries, and debates in Parliament. This information
is so succinctly arranged both in the index and the
monthly chronology, that we can at once refer to it,
while an annual retrospect digests the whole, and a full
statement cf prices meets the requirement of parties
connected with the produce markets.
The example which Englald is setting in respect to
its Navigation-laws is telling upon other countries with
unmistakeable effect. The Dutch Government has se-
riously in contemplation a modification of its code, and
petitions have been presented to the Second Chamber
of the States General, not only by the Chamber of
Commerce at -Rotterdam, but likewise by individual
merchants, agents, and ship-owners of that port, strongly
urging an alteration.

In a spirit the most truckling and pettifogging the
Times has come forward to advertise the loan of Messrs.
Baring, and accordingly recommends the same as an in-
vestment, which, upon a nice calculation of present
payment in full, and of the faithful maintenance of
the sinking fund, violated as we witted yesterday, upon
a former occasion, gives 51. Is. par cent. per annum.
And here ends the morality of the question. It
sees nothing but pounds, shillings, and pence in the
matter, declares that merchants may become mere money
gamblers, and lend their money for any purpose, however
immoral—a doctrine that would be scouted lefore a legal
tribunal in the ca 'e of any third-rate bill-discounter—
with adva.tage to England, and without violence to their
own copse e:Lce. Such was neither the principle
nor the practice in the days if Sir Thomas
Gresham, and, although we are fully aware as
commercial writers that the Legislature cannot or ought
not to interfere with the free distribution of wealth, we
recognise the importance as we trust we shall at least in
course of time behold the triumph of public opinion. Fo-
reign loans, in a broad politico-economical sense, are
undoubtedly objectionable, and result in injury to the
lender if the interest he not duly met, in an
annual drain upon the borrower, if mine-
tuallyy discharged. When the great aim is to
reduce our national exrenditure, especially under
the head of army and navy, is it not suicidal
to advance to other na'ions the means of supporting
theirs? Finally, whatever the Times may assert, we
have not the s►ightest hesitation in declaring that the
whole mercantile community, properly so called, who
live by fair trading, and not mere jobbing and loan
mongering, view the Russian scheme with dictate. It
disturbs all calculation, and unsettles the prospects of
the Money Market, which even temporarily damaged,
requires a new lever to support it.
At the London and Westminster Bank meeting to-
day the following report was read and adopted:—
•` The net profits of the bank during the last half-
year have amounted to 32,3911. Os.3d. These profits have
enabled the directors to declare a dividend at the rate
of six per cent. per annum, and to add 2,3914 Os. 3d. to
the surplus fund. This fund will then amount to
107,844/. I4s. 6d. The three directors who go out by
rotation, are John Garrett Cattley, Esq., James Denis
de Vitro, Esq., and George Hanson, Esq. They are
eligible f ,r re-election, and offer themselves accordingly.
LONDON AND 'WESTMINSTER BANK, DEC. 31, 1849.
Dr. s. d.
To Proprietors for paid-up Capitil 1,000,000 0 0
To amount due by the Bank for De-
posits, Circular Notes, &c.
To Rest, or Surplus Fund
To Protitt of the past Hal!'-ytar

... 3,683,623 10 9
... 105,453 14 3
... 32,391 0 3

£4,818,468 5 3

X r. d

Cr.
By Government Stock, Exchequer-
bills, and India Bonds
By other securities, including bills dis-
counto3, loans to customers, &c 3,158,014 12
By cash in hand 686,761 16

£4,818,468 5 3

PROFIT AND LOSS, 31ST DECEMBER, 1849.
Dr. X 2. d
To payment of the dividend now de-
clared, at the rata of six per cent.
per annum on a captal of 1,000,0001,
for the halt-L ear ending 31st De-
cember, 1849
To balance of unappropria`ed profi:r

Cr.
By Balance cf unappropriated pro-
fits, on 30th June, 1849 ...
By net profits cf the past half-year,
alter defraying the total expense c f
management, paying the income-tax,
and making provision for all had
and doubtful debts ...

30,000 0 0
107,844 14 6

£137,844 14 6

X a. d

105,453 14 3

32,391 0 3

4137,844 14 6

By balance of unappropriated profits t 07,8.14 14 6
The English Funds have been depressed again this
morning, and money stock has come to market. Con-
sols have been 96 to 96f for Transfer, and 96/ to for
Account. The la'est quotations_ a-e 96f / for the for-
mer, and 96. i for the latter. The next settling day
will be February 14. The New Three-and-a Quarter
per Cents. have realised 98i to I, and the Three per
Cents. 96i to g. Bank Stock has been lower, viz., 2071
India Stock is at 268. The premium on Exchequer-
bills is down to 57e. to 605., money being railer more
in demand. The settlement is in progress, and exercises
considerable influence on the quotations. Two or three
large Of orators left their accounts open until the last
moment, and have, as usual, been made to pay for their
temerity. Thus a "continuation" cf if has been chsrged,
which is about 4f per cent., or much above the current
value of money; and, indeed, if we take the day's price
of Consols at 97, instead of calculating the par value,
the interest would exceed 41.
In the Foreign Market the dealings have been
small. Spanish Five per Conte. have be en
19k 71-; Portuguese Four per CentF., 36; and Bra-
zilian 89. Mexican are 29 to -1; and Buenos Ayres
49. Danish Stock has been at par for the Five For
Conte., Belgian Four-and-a-Half per Cents, have
re disci 90 to f, and Dutch Twc-and-a-Half ter Cents.
55-41 to 4.
Railway Shares support previous values ; Eastern
Counties are higher.

ONE ...a.,),11,1_,
Pitt •,-, .F itiTitsii , UNDts O'CLOCK. FRI(' ES.
Jank Stock
3 or Cent. Reduced Arils ...... .... 96%4% 9G.%
3 per Cent. Consols Annuities... -... 96,,,, 96 96% 96y,
Nt-W 314 per Cent. Antis— 9BA 1.4% 5i 99
L m
Ditto, 30 years, Oct. 10, 1859 %
Ditto 30 years, Jan. 5, 1860 8 5-16 88716
India Stock 268 268
ndia Bonds, 1,0001. -
Ditto under 1,0001. .• ...... ....-.... 97 p
South Sea Stock
Ditto Old Annuities
Ditto New Annuities ......
consuls for Account 96IAVA
,xcliequer Bills. l%d. as 2d
1,0001. June
5001. Juno
Small. June 6O 57 60 p 59 p
PRICES OF FOREIGN FUNDS.

97 p
96 14,
9414,
96%

ONE (ILOSI.N
GICLOCIE. PRICES
razilian Bond.
Ditto, Small
Buenos Ayres Bonds, 6 ner Cent 49 48
Danish Bonds, 1825, 3 per Cent.
Ditto 5 Der Cent.
Grenada Bonds, 1 per Cent.
Ditto Deferred
Guatemala Bonds . .......... ........ 25
atexican, 5 per Cent.lB46, with Coupons
Ditto, Ex Jan. Coupons ..„ ..... 29
Ditto, Account —
Peruvian Bonds, 4 per Cent
Ditto Deferred
Portuguese 5 per Cents.
Ditto, Converted, 1841 —
Ditto, Account
Ditto, 4 per Cent.
Ditto, Account
Spanish 5 per Cent. 1840 — 19
Ditto, Account
Ditto, Passive..
Ditto, 3 per Cent
Ditto, Account . 37%
Venezuela Bonds, 2% per Cent
Ditto, Deferred
Dividends on the above payable in London
French Rentes; 5 per Cent 94f. 50c.
Exchange
Beligan, 4% per Cent.
Dutch 214 per Cent., 12 Guild. .. 533/414 551
Ditto. ,: Der Cent. Certificate! 86143% 86%

100
16:j4
34
25

2
65
22

....
37

. . . .
s%

:BUSINESS DONE CLOSING
I; A PRTCES \
VA. Y LIA RES. PAIL.AT ONE O'CLOCK. PRICK?.
Aberdeen •••s• ••• 0000000000 50 000000000000 •••
Do. PretLrence
Amb,m7. Nett.; Botert,

and Eastern Junction 71,i — .............. —.
yrshira and Galloway.. 7 lii
....
l'elfast & County Down 28
Berks & Hants Extens.
(Gt. West. Per. .5 per ct.) 6
..... •,.. earn mol
Birmingham and Ox-
1' rd Junct., calls duly
paid, or w ith a guaran. 20 -
Do, without guarantee 20
Bimini., Wolverh'ton,
and Dadley, calls duly
pd. or with guarantee 10
Do. without guarantee 10
Birming.,Wolverh'pton,
And stour Valley 134 14a ... _ IMMID