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P ONTY P 0 O Xi.




® iT H LKT TlilT'i'o X. ...

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Monmouthshire Midsummer Sessions.

The Burglary at Woodland*.



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FROM THE LONDON CORRESPONDENT OF THE MERLIN." CITY, THUKSDAT EVENING. The Royal Visit to Ireland, immediately on the prorogation of Parliament next month, is now officially announced by Secretary of State. 1 lie couie/ted election in the city has been the executively ab- sorbing subject-of interest this week. and has excited a good deal of party feeling. Contiary to expecta ir n, a Conservative candi- date was found in the person of Lord J. Manners, of course, only as a pis oiler, Mr. G. F. Young, the Protectionist shipowner, having declined to be put in Domination because defeat would, in his position, have deah so severe a blow aDd heavy a dis- couiagement to the Anti-Free-trade cause and it were madness to have anticipated anything short of signal failure tor any can- didate upholding the principle which keeps Rothschild out of Parliament. Not that the Baron personally is any very great lavouiite in commercial circles; but still as the exponent of broad principles and the accidental medium of asserting the doctrine of universal religious equality, he has created an en- thusiasm which has agnin sent him to the Hcuse of Comn.ons, in the teeth of the Lords' vote, by a majority of 3,515 votes, of the most enlightened constituency in Christendom. This does, not say much for the prevalence of arbitrary and re-actionary opinions, or a desire to uphold formula originating in a t arba- rian condition of our country on the contrary, it indicates a right direction of the popular mind, and a growing antagonism tc the bigot spirit wnich would infiict any political disqualifica- tion for speculative opinion. It will also help to banish the Epil it of raste. ard sect, and Phariseeism, which unhappiiv clings tc modern society. But our department is net politics; we pro- ceed, therefore, to our usual mercantile resume. a ouching the state cf general business, ne cannot do better tnRn quote the following remarks from the Overland Circular of Jessrs. Trueman and House, the colonial brokers, just handed to as Another month has passed without having brought a1 out the removal of those ( b,tructions, which have now existed lor manr mcnths, to the commerce 01 this country, with torn of the pr ncipal continental markets and though seme facilities have been affuided, through indirect channels, for the transmission of goods to those quarters, yet our export trade has sufierec much. from this interruption of free IDlercourse wi'h the northern ports of Germany, and the south of Europe. The home trade gene- rally maintains H healthy position, attributable to theactiveem- ployment of the manufacturing population; there are complaints of distress from some of the agricultural districts but it may be hoped that the present seasonable leather will be followed by a. productive harvest, of which there is every promise, so as to ameliorate the condition of this portioD of the community COL- fidence in the future can hardly be said to have increased, the political affairs ot the continent continuirig in the same state of turmoil as heretofore but the disease having become chronic, and the effect upon the value of produce having proved to be less depressing than the fears of commercial men had ) d them to anticipate, business has fallen more and more of late into its ordinary course, and the prospect of money continuing very abundant has led to speculative transactions to tho-e articles which, from their position, presented inducement to such ope- rations. "SUCAH.—The colonial market bas lately been inactive, the importers being unwilling to sell, in view of the reduction of Is. per cwt. in the dury, which will take place oo the 5th inst. Tbe prices of West India and Mauritius declined in the early part of the month Is. per cwt., but have since recovered fully 6d.; Benares has been steady, at the quotations of tbe 1st ult., but sales have been made with difficulty. In foreign suzar, on the spot, the transactions have been chiefly confined to the sale of grocery sorts of Porto Rico, &rc., wnich have sold well for ex- port there has been but little demand." The weatner continues dry and forcing for the growing crops. which are reported excellent from all parts of the country; the wheats aie particularly well spoken of; the soring corn suffera for want of rain. of which scarcely any has fallen in and around Londoti.althongh westeriy galef have prevailed here.and brought moisture in some parts 01 the country. We hear less and less about the potatoe disease in Ireland; so that on the whole pros- oec's ate certainly at present remarkably good for haivest. During the past week we have taken a run, following the course of the 1 hames from Teddington to the North Foreland, and we can confidently aver that in the isle of Thanet, and, indeed, in Kent generally, the wheats never looked more luxuriant and well eared-up. The potatoes, too, in the home counites, are unex- ceptionable, fo far as can be perceived but this, end the turnip crop, require rain. In the south of France the sickle is at work. and the result, says our French met can tile corresponded, "leaves nothing to be desired." (I nder these circumstances, there is but little transpiring of i-ilerest in Mark Lane; sull prices do not decline in the face of these splendid prospects, and muft liberal supplies of foreign griin, file imports of which, fur tllp montll ending June 5th, show ftc aggregate of 747.5G7 q s. of all de- scriptions, against Xr-,860 qis. la the corresponding month of 1848. Our exports continue to show a stendy increase, such as is no less surprising than encouraging. The imptovement amounts to £ Z;~jO,54H, as compared with June, 1848, and tbe total increase durine the fir»t five months of the vear, as compaied with the corresponding period of 14S. is f'2,86S,946. The export of metals issligntly increasing, but machinery continues todecreane, as might be expecied, while nations ere forgetting the useful arts in the pursuit of wars and 1-olitical vagaries. The drooping position of our iroo market is enhanced by the conviction that stocks are not only increasing in first hands, but also at the ports of shipment, independently of which the de- mand for home consumption is extremely limited. In castines, there has been a small contractfor the Oxford Water Works, for which the tenders have been (as is understood) most numerous. It has not transpired on our Exchange at what price these pipes bave been taken, but we know offers have been IDt in as low as f5 15.. per ton, delivered. CITY OF LONDON ELECTION. The writ for the City of London, rendered necessary by the resignation of Baron Rothschild, was issued on Friday, and the Sheriffs appointed the nomination to take place on Monday. It was generally believed that the election would take place without opposition, and that the City of London would thus pass an unanimous vote in favour of the repeal of the remain- ing relict of religious disqualiifcations which stain our statute book. This expectation was, however, at the last moment, disappointed. It was rumoured on Sunday and Monday, that the Protectionists were determined to bring forward a candi- date, and at the time appointed, the rumour was verified bv the appearance of Lord John Manners, who was duly proposed and seconded, and supported on a show of ham's bv about two hundred suffrages of the persons assembled. A Poll was then demanded. Mr. Raikes Currie proposed, and Mr, John Dillon, of the firm of Morrison and Co, seconded the nomination of Baron Rothschild, who was eleciea by a majority of 3515. A notice of petition, on a charge of bribery, has been served upon Baron Rothschild.

Shipping Intelligence.

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