The Sun.
London, England, 1850-03-22 00:00:00

ITALY.

King BOMRA is in a terrible fright lest Sir W.
PARKER should pay him a visit to remind him of
certain little accounts which he has to settle with
England. He has dismantled all his war steamers
and laid them up i❑ ordinary in the Royal Arsenal, so
as to put them, if possible, out of Sir W. PARKER s
reach.

It is currently rumoured that the POPB will leave
Portici for Rome either on the 7th or on the 10th of
April.

The Austrians are fortifying themselves at Spoleto
The French are highly displeased at the approach of
the Austrian troops to Rome. RADETSKY and his
staff arrived at Venice on the 9th inst.

The Veto Amico of Bologno, of the 14th, states
that the Pontifical army is to be composed of three
foreign legions; namely, one of Austrians, one of
French, and one of Spaniards or Swiss. General ST
AMAND, who is entrusted with the organization of
the Papal troops, has proceeded to Rome, to confer
with the Pontifical Government on the subject.

MONEY and COMMERCIAL NEW.t.

CITY. QUARTER TO THREE.

The sales of Cotton at Liverpool yesterday were esti-
mated at 6,000 bales, of which 500 American were taken
for export. The market closed heavily and American
mid. were id. per lb. lower.—Railway Shares were quiet,
and with the exception of the leading lines, a decline in
prices occurred.

The sales of Wheat in the markets which regulate the
averages were last week 77,113 quarters, and of Barley
57,923 quarters. The last week's average price was
38s. Id. per quarter.
In the colonial and foreign produce markets this w( ek
no greater activity has existed than for some time past
The prices of coffee have been further depressed, and
sugar has been purchased sparingly, though not
.lower
on the whole. The rice, rum, and cotton markets have
all drooped, and neither home dealers nor exporters art
inclined to buy. _

The question of slavery or no slavery in California
has revived the controversy between the partisans of the
Northern and Southern States as to which could most
conveniently dispense with the other, and strong fact,
are certainly adduced to show how important is the posi-
tion of the slave-holding districts. The south, it is al-
leged, is more than ever firmly convinced that i❑ the
event of a dissolution the balance of trade between them
and the north would be annually millions of dollars ie
favour of the latter. A table of exports before us serves
to prove this, and a local writer remarks upon it:—
" We have put in the year 1847, for the purpose of
showing, that with the enormous exportation of bread-
stuffs, at enormous prices, the value of the staple pro-
ducts of the south exported, at moderate prices, was
but twenty millions less than all the rest. In ordinary
years, the excess in favour of the south will average
about the same as in 1849. This year, 1850, the ex-
ports from the south will be unusually large, while those
from the north and west will bo unusually limited, and
we have no doubt that, at least, two-thirds of the
aggregate exportation will be composed of southern
products. Of the imports, the two sections of
country are reversed. The north consumes about
twc-thirds of the aggregate, so that it is clear that
without the south the north would be compelled to re-
strict their importations very much, or lose annually
large amounts of gold and silver. Without the south
the north would be annually buying more than selling,
and thus become rapidly impoverished. As a whole our
foreign trade is productive; but divided, the south would
be daily growing richer, while the north would be
daily getting poorer. The carrying trade of the
south annually puts millions into the pockets
of the not thern shipowners, and under the union
the monopoly of the coasting trade is enjoyed
by the nortb. A dissolution would open the southern
ports to vessels of all nations, and the ❑oi'th could not
expect any better terms than those extended to the most
favoured. The north could not place a duty on the im-
portation of cotton from the south, while the soot's
could nut put a high duty upon any articles from the
north. Great Britain cannot tax cotton, and the nor-
thern manufacturers would have to admit it free to com-
pete with those of England. New England manufuc•
Wren would have a duty to contend against in the
markets of the south, and they would find British
goods disputing every step with them in Charles.
ton and New Orlesus. In any light in which
the question can be viewed, it assumes but one
aspect, and that is unfavoul able to the prosperity and
progress of the north. The political and commercial
position of the south is much stronger than is generally
imagined. The more any cool, calculating, reflecting
man looks into the question, the more he must be con-
vinced of the resources of the south, and the limited ex-
tent to which they are at present developed."
The issue of the struggle is highly important. We
are of opinion that there is some exaggeration in the
above view, far the north boasts a fine enterprising race
of men, and many natural advantages which are net here
touched upou.
At Amsterdam, on the 20th instant, very little was
doing in' Dutch or Foreign Stocks. The Two-and. a-
Half per Coots. were 55 3-16ths. In the Fraeltf,r t
market on the 19th Austrian Bonds were 804, and
Spanish Tine pet Cents. 281.
There is a fluctuating market again for public secu-
rities, and the fact of a further decline having occurred
at Paris has some effect here. Consols have ranged from
954 to for Transfer, and from 95 to for Account. The
latter are now 95,3,- 1. The premium on Exchequer-bilis is
maintained at 615. to 635. On India Bonds it is 87s. to 88s.
The Foreign Securities have been quiet generally, but
Peruvian are never, the Active having touched 724 and
73, and the Deferred 281 to Spanish Five per
Cents. have been 16i and Portuguese Four per Cents.
33, being merely nominal. The new Danish Scrip is
2/1- to 21 premium, and Russian is l premium. Mexican
Bonds have been heavy at 291 z.
Railway Shares have been dull, but without any
general change in prices.

ONE CLOSIN
PRIQES OF BRITISH. FUNDS O'CLOCK. PRICES.
3 . ' ent.i)onßols Annuities 95114%4 95%
3 per Cent. Annuities,l726 95 95
3 per Cent. Annuities, 1751 ...
Inuit Bonds, I,ooot ...
Consols for Account 95 % .W 4 A; 95A'
xchequer Dills. IV. & zu
1,0001. June 63 61 p 65 p

im2ll. Jane

61 p

ONE CLO,IING
PRICES OF FOREIGN FUNDS. O'CLOCK. PRICES.
.srazitusil tiondB —
Ditto, New, 1843
Danish Bonds, 1825,3 per Cent.
Ditto 5 Der Cent.
Ditto, Scrip. 2%8% p 21/2 p
Mexican, 5 per Cent. 1846, with Coupons— —
Ditto, Ex Jan. Coupons
Ditto, Account .........
Peruvian Bonds, 4 per Cent
Ditto, Account
Ditto Deferred
~
Portugaecie 5 per Cants.
... _ _

Con4erted, 1841 32
Ditto, 4 per Cent.
Russian Bonds

32
331/2

Ditto Scrip ... ll4 p 1 p
Spanish 5 per Cent. 1840
Ditto, Account
Dividends on the above payable in London.

PRICES CT PAID. BUSINESS DONE CLOSING
RAILWAY SHARES. AT ONE O'CLOCK. PRI( E -
-1 uerdeen
Do. Preference
kmher. Nott., Boston,
and Eastern Junction 71 ......
kyrshira and Galloway.. 71,E
Belfast & County Down 30
Barks & Hants Extens.

(Gt. West. Per.s per ct.) 6
1 irmingham and Ox-
ford Junct., calls duly
paid, or with a guaran. 20
Do, without guarantee 20
r i min". Wolverh'ton,
and Dudley, calls duly
pd, or with guarantee 15 ..... 211,4 k q... 2114
Do. without guarantee 15
Bristol and Exeter 100 ... ..
Ditto, Thirds .... 33i
nuckinghanithire
Caledonian - - ........ 101030_ J. . ,

i
Ditto, New IC/. Pref... 10
:hester and Holyhead... 50
Ditto. Preference l5 ...... 77i
Direct London & Ports-
mouth - ........»... < --

Dublin and Belfast June. 40
Dundalk & Enniskillen 30 ......
Kast Anglian, 251., L &
E. and L. and D...... 25
Do., 31. 10s., Pref... 31,4 • ll4
Eastern Coußties... ..... 20 ...... 7
Do. North. & Eastern, _

6 per Cent.
......
Ditto. 5 per Cent.... 50
Eastern Unior Class A
(late E. U. Shares) 25
Do. Scrip (6 per cent.) 20 .
......
.....
17
Edinburgh and Glasgow 50
Exeter.Yeovil, lk Dorch. 2 li,,
....
Exeter and Exmouth... 21s _
...
.--
Glasgow, Dumfries, and "'
Carlisle ....... ... ..81.65. 1d.... -
Glasgow,liilmar., & Ayr 50 ...
......
Do. Preference Consol. ...... _
...... . :-
Gloucester & Dean Forest 12%...... _
great Northern ........ 22 ..... . 71,5/9, 754
Do., 5 per Cent. Pref. 12%. ..... 10%3A,
rest South. and West.
(Ireland) ... ........... 50 ...... .
Ditto, Eighths ... iy
... " 4
--
rcat North of England.loo . ....
Ditto, Now, 404 ........ 40 .
Ditto, ditto 35 -
Ditto, New, 301 3O
Ditto. Nsw,ls/ l5 .
. ..
Great Western 100
671/2
Ditto, 14 Shares
Ditto, Fifths ...... ~ 2O
Ditto, New 171... ....••...
•• ..
.... 15 7%
Lancashire & Yorkshire 100
Do. Fifths... ........ .... 10
Leeds and Bradford 5O 9Bl/2 93 9B
Leeds and Think ...... 50

Lonelen, Brighton, and
South Cosm... ....100 ...... —•
Do., New, guaranteed
6 per Cent ..........100
Do. Prefer. 5 per cent. 50 ...... 5734 ..... ..
London and N Western 100 .....105
London U S.Weatcrn .AC') ...... 6214.3/4
nidlard ...... ........ ....I( 0 ...... 39 391 ........
D. Consolidated PreflC 0
Do., 501. Shares
Do. Sirm., and Derby 10)
Ditto,Brist. &Glocstr. 42
Ditto ditto ... ...... .. 22/. 75...
Do.,ErewashVal_Pref. 50
Ditto, Leieest.& Swan-
nington, 8 per ct. guar.loo
Midland Great Western
Irish 47% 221/2•••••.........
Mlddlesbro' and Redecr,
6 per cent. guar." 5O ...... ....••...
Newcastle and CaLsle.loo _.„.
Do. Quarters
Newmarket
Do. Ex.:,ension ... 2/. 125....
i ewport, Abergavenny,
and He eford 6 .•...••
Newry and En dskillen 7
awry, W arrenpoint,
and Rostrevor 2O
•• ....... .....
...
‘Torfolk .... .....100
gioth British ... .... ... 25 ...•
DittoHalves_...... „ ...
, alvesr.. ..... 12%...... .. ......
Ditto, Quarter.
.. ......
...."
Ditto, Thirds .... .... 8i .... ..... ........ •• bAi
Ditto Preference 5
7
.corth Staffordshire ... 1742 7 6Vii ....
ereston & Wyre ...... ... 25 ... .. --
...•
Do. % Shares (A)
.eading, Guildford, and
....
Reigate l5 .....
5
toyston and Hitchin ... 4 %.. ... 5 . ••.•....
....
Do. Shepreth Exteu . % —
Scottish Central -
......... •••••• ... dill ,hrewebury and Birns.: 131,1 ...... dis. ...... .... j
Ditto, New Guaranteed 6
Shrewsbury & Chester
....•
(Nor. W. Min.)
Dittopialves
Ditto Oewestry
Ditto New
Do. 8 per Cent. PreL 10
iiropshire Union
S afield, Rotherham, &
Goole (N. Div.) Gua-
ranteed 5 per cent.
Tooth I,,niterti
Do., No. 3 .....:
Do., Registered No. 4
S4uth Vv area
.V ear Valley 6 per Cent
Guaranteed ... ...
Do. do. de. ... 25
N.ics.Somurset,& Wey- 3151
mouth
uric. Newcastle, and 4
%i
Berwick. .... .. ..... .. 25
00. Newcastle Exien. 20
Do. (IN.E.Preference 8 ...
va
York and North Midland .50
)-ti.- Preference ...... 10
FOREIGN RAILWAYS. 61/4
3oulogne and Amiens... 20
Namur and Liege ...... 20 ... ..
8
---
~uxernbourg
Ditto
Northern of France
20*
Paris and Rouen 2O ...... ... .. ........
.....
;Dorn and Havre -
Tours and Nantes l3 .....
MINES.
...
Anglo-Mexican lOO
....
Asturian .. .
kustraliatt ...
Bassora Range ... .
Blaeuarvon Iron & Coal 50
BJlonos Scrip ...... .... .....
United ilexican 2B
7 .. .. ... •
JOINT STOCK BANKS.
...•
British North American 50
Provincial of Ireland ... 25

13414
5:%
104
62%
OA

2`,4

Is% _
3341 153/4% x.d ... 15%1'
30 -
...... 51-4 .. 5
—.,

47 ...... -

LLOYD'S SHIPPING—(THIS DAI(.I
LONDON, MARCH 22.—Wind at noon %V., ligh-
breeze and fine.
ROTHESAY, MARCH 20.—Sid. Parkfield, Valparals°l
Spartan, New York. Neir
ALLOA, MARCH 16.—Sid. Joanna, St. John's,
Brunswick.
SHIELDS—Sid. Brancepeth Castle, Havre and
John's, Newfoundland ; Walker, Newfoundland. .„„‘
COWES, MARCH 19.—Arrd. Asia, Coquelin, St. 4'-
mingo.
OFF ST. MAWES, MARCH 19.—Brilliant, Williams
North Carolina,with loss of jibboom, foretopmast,ssils,B6F:
LIVERPOOL, MARCH 21.—Wind N.E.—Arrd. Cool.
tution, Britton, New York ; Zulieka, Ca.!
cotta; Jas. M'Queen, Wilson, St. Domingo. Sld. J?,°,13,
o' Gaunt, Bombay ; Arsene, Senegal ; Manuelita, ti
paraiso; Majulcofur, Havannah; John, Savannah
Bri-
tannia, Wilmington ; Chaos, New York ; Gipselte
"
Staten Island ; Washington Irving, Boston; 011, S
John's, New Brunswick ; Aurora, Halifax ; Toronto
Quebec.
BRIDLINGTON, MARCH 21.—The Era, of and froos.
Newcastle, for Rotterdam, foundered yesterday, Tyne,
mouth Light-house bearing W. by S.. about 14 miles,
crew saved.
The Samuel Hickes, from Baltimore, United States t°
London, cleared on the 2d January, and sailed from
tbs
coast on the 13th, and has not since been beard of.
The wreck of an apparently British-built vessel, °
between 600 and 700 tons, with bowsprit standing, OP,:
gallant forecastle on, and after part of ship very mach
broken up, was seen 19tli January on the S.E. reef
the Island of Cargados Garayos, by the Sir John Fal-
staff, Rowell, arrived at Aden. A flagstaff was observe!!
on the island abreast the vessel, but no person, w¢
visib!e. She had probably been some time in that situ*

tion.
HARTLEPOOL, -MARCH 20. and Henry, No. 98, SouthS—hiAeldpsiloont
board bow stove in, has Lean picked up by the Eng°
Rose. arrived here. has
31ARCH 19.—The Janos, from „n
started her stern-post, arid is very leaky. on
The Vanguard, of Maryport, went on shore
it,c blose n,dwhitehr
Crooked Island Reefs, 4th ult., during a heavy gale, an
would become a wreck; crew saved.
FOWEY, MARCH 20.—Arrd. Brilliant, Staitu, -
mington, with damage.
FALMOUTH, MARCH 21.—Wind mnnera.
Off, Canopus, Babetrnan, Laguna, and sailed for
burgh.
NEWPORT, MARCH 21.—Wind Invineiblea
Baltimore; Rosins, Panama; Joseph Cunard, Cardiff°
Quebec.
~d,
DEAL, MARCH 21.—Wind N.E. to N.N.E.
from the River and sld.. Vallisneris,Cape.of Good J 002".
Highland Mary, New York; Venilla, Mogalore. rli
PLYMOUTH, MARCH 21.—Wind variable.—Sid. pea
Montreal.

PILL, MARCH 21.—Sid. Frliza, Trinidad. and
()Fr LIVERPOOL. - Gannet steamer, Hudson,
Envoy.

IVIA.RKET NEWS.-(THIS DAY.)

CORN-EXCHANGE—FRIDAY.
Daring the present week the arrivals of English W-11°510$
up to our market coastwise, have amounted to 1.9e1
v
quarters. Those by land carriage have been on 5
limited scale. To-day the show of samples was tail
nevertheless, the demand for all kinds ot Wheat of blf
produce was in a very inactive state, at prices bare cid
equal to those obtained on Monday. The iniporti,v
foreign Wheat have been confined to 3,420 quarters -_P4
lected qualities were mostly held at previous ratest
which, however, only a limited business was dole
Damp and inferior parcels were almost nominal. 'lea
Barley trade, owing to the increasing supplies, r
•
heavy, and, in some instances, the quotations hiluno
downward tendency. We had a fair quantity of MAIC,";
show. All descriptions moved off heavily at barelY!'„-;
tionary prices. The best parcels of Oats sold at 11°°""as
previous rates. In other kinds next to nothing I'd
doing. Beans, Peas, Indian Corn and Flour comn32o`
scarcely any attention.