The British Press; or, Morning Literary Advertiser.
London, England, 1826-02-08 00:00:00

One of a mist mischievous tendency was put forth as to ",1
the failure of a hiAlily respectable stockbroker's firm,
which excited considerable sensation, until it was prove,'
that this, like its conti-npuraries, was a gross fabrication 1
•
Owing, to the scarcity of money, Stock became excee.lh gly
plentiful, which circumstance, in conjunction with the
various rumours that were industriously circulated, operated
in lowering the funds, or rather, we should say, in iumiii:g '1
them depressed. Money was scarce on the Stock Ex-
changes, as well as with she public, which may be plainly
inferred from the wide difference there was between tl.e
price of Consols for the Account and for Money. This
Stock opened at 79$ / for Money, went up toll, and closed
at Is. Account bargains were done in the early part of
the day at 791 1, they afterwards reached $ i, and the
concluding quotation was 4, buyers. Exchequer Bills Wets
2s. and Is. is. to par. Bank Stock still continues liesey, ,
No buoyancy whatever wee apparent in it to-day, 8, I. the
comparatively low price of 211/ will plainly show. The '
business iti the British Funds to-day was principally in
Money transactions. India Stock was 931.
The Foreign Market was under depression, and the un-
founded report of the failure to which we have before el. •
lusted, affected this Market more than the English lit e.
South American Securities were held heavily, as indeed,
was every other foreign security. Colombian Bootle were
574 1, and Mexican 6 per cents. 6511 i $ ; Brazilian Bends
were .53 57 ; Danish ditto .58 ; Greek ditto 1.54, and Spanish
ditto, 114, 12. There was not much doing in Russian
Bonds, but they were reported at 834 4.
The depression in the Share Market is much greater
than during the worst period of the panic. The oaly
Mining Companies that were to-day at a premium wig
the Brazilian and the United Mexican. Thee former was
14, the latter declined from 3 to 1, and was once at par.
The old Real del Monte Shares were selling at 20 discount,
and the new went off heavily at par; on the latter there is
as yet only SOL paid. Anglo-Mexican fluctuated between
5 arid 71 discount; Anglo-Chilian was 2,1, dis.; Darien,
3 ; and Potosi, 34 ills. The Welch hurt and Coal Asso-
ciation was drooping, and fell to 74 discount. The Liver-
pool and Manchester Railway was quoted at 17, 18, Is
premium. British Rock Salt Shares were firm at 14 pre- '
mium. The British Iron Company 114 to 11 discount.
~
Some sales of Sugar took plaza this morning • but the i
prices were certainly not better than last week. There vies i.
no public sale •of Coffee announced for to-day. The de-
mand for Rum has become very limited.
There seems to be but one feelini; throughout the City, I%
and it is that of deep regret, at the imspension of payments A
of the highly respectable house of Butler, Brothers, as no
gentlemc't in the mercantile world were snore esteemed thou
the partners of this old established firm.

Yesterday afternoon, at two o'clock, a Cabinet Council
was held at the Fon:fp-office in Downing-street. agreeable
to summons, which was attended by the Earl of Harrowby,
the Eatl of Liverpool, the Earl of Westmorlard, Earl
Bathurst, the Duke of Wellington, the Chancellor of the
Exchequer,. Mr. Peel, Mr. Canning, Mr. linskisson, Vie- .
count Melville, Lord Bexley, and Mr. Wynn. The
Council sat in close deliberation till past four o'clock.
Yesterday the Portuguese Ambassador transacted busi-
ness at the 'Foreign Office.
Mr. Hunter, sen. the King's Messenger, was sent off a
few days ago to our Ambassador at Paris.
It was yesterday confidently reported in the City that an
extensive mercantile house has received assistance from the '
Bank of England to the amount of three hundred thousand
pounds.
It is stated in letters from Sweden, that the Treaty of
Commerce concluded between Russia and Sweden in 1817,
which, according to Article 16, would have ceased on the
Ist of January, 1826, remains in full force, by the mutual
consent of his Imperial Majesty and of the limg of Swe-
den and Norway.
Letters received from Pernambuco yesterday announce
the arrival of Sir Charles Stuart at that port, in the Dia-
mond frigate.
A letter from Rome, dated Jan. 8, states that his Holi-
ness is still in such a precarious state of health. that he ;
cannot leave his apartments, but the activity of his mind
is still the same.

The Munich papers state. that Field• Marshal _Prince
Wrede has received the commimion to go to St.Petersburgh.
to congratulate the Emperor Nicholas on his accession to
the throne.

PlRACY.—Extract of a letter dated Rio Janeiro, Nov. •
28:—" The Newcastle, Sims, arrived here from England,
•
was plundered by a pirate in lat. 6, 35, N. long. 21, of a
chain cable, anchor, spare cordage, and canvass, with sundry
minor articles, and the Captain's watch."
Accounts from Madrid of the 21th of January state
that the King was to preside in person the next day at the
Council of State, as the notes delivered by the Foreign
Powers, relative to South America, caused him to be
present at the important discussion on that subject. A
great change has taken place in the Council since the
surrender of St. Juan d'Ulloa, and some of the members
are for acknowledging the independence of South America.
It appears that the augmentation of the price of bread and
meat in that capital has caused discontent among the popu-
lace : the I'olice have been on the alert for several days,
there being great fears that commotions will take place.
Accounts from Havannah to the Ist of January show
that the Colombian expedition known to be in preparation
at Carthagena had excited some apprehensions there. The
Governor had at his disposal too large a land force to fear any
attack, should it really take place; but the consequences
of a blockade were regarded with alarm, and the slave po-
pulation were known to be favourable to any change of
masters by which their condition was likely to be improved.
The following article, relating to the military force of
Brunswick, is extracted from the German Papers received
terasyWverdtray.ps
bare
al
attlealtyedu
nldierrugnosnwei cakg,
rejaatnc.h2asng:e in tOheuirr
external appearance. '1 he gloomy black uniforms. have
'
disappeared. The corps of the brave Frederick
took ample vengeance in Spain and at Waterloo. The dark
spirit is banished, and life and prosperity have returned
with the peace, which was so impatiently longed for.
Only one battalion, under the command of the brave
Major Normans, retains, in eternam memoriam, the black
uniform, with the silver emblems of death on their shakos,
which obtained the corps, in Spain and Sicily, the name of
Regiment() della Morte. All the other troops, via, the
battalion of the Guards, the first and second regiments,
wear now, with some slight variations, the Prussian uni-
form ; only the Guards have the immense fur caps of the
Hungarian grenadiers, and our artillery the helmets of the
Bavarian infantry, which are both eoldierlike and hand-
some. But above all, the newly-raised Hussars of the
Guard are distinguished, who, in splendor and ele-
gance, may be compared with any corps of the kind in
Europe.'
POPULARITY or O'CONNELL.—As impartial journalists
we cannot refrain from infurming our readers that Mr.
O'Connell has retrograded seriously in popular feme. In-
flood his arrogant and offensive vituperation cannot exalt
him in the opinion even of " the people." He affects to
despise the press, and yet his frequent sallies against news-
paper attacks afford a convicting proof that lie is penetrable
to assaults. Mr. O'Connell has at length even exasperated
the Register ! According to the reports of that raper, Mr.
Shell is ascendant as an orator. At the late 'diction, the
latter gentleman's exaltation, in the opinion e the high.r
order of the Catholics, was emphatically established. At
Tuesday'e meeting, when Mr. O'Connell rose, the clamoure
for " Shell, Sheil, ' must have astounded " the man of the
people." The Irish Catholics regard consistency of charae-
ter. What will the heroes of Iveragh gay when they res.!
the Reg-ister, and observe the words "this fantastic ()Tow
nell is a strange man!" Mr. O'Connell has been hide, .1
with insufferable vanity by popular applause—"arbitee,
popularis atom." lie should know that in a teriperat.
cause, union is strength.—tennis Paper.
RUSSIAN LOAN NEGOTIATED BY MR. N. M. ltoTng-
cum) rx LONDON.—The half-yearly dividend on the
above Loan, which becomes due on the let of March next,
will be paid by Mr. N. M. Rothschild on that and every
succeeding day, between the hours of ten and two, at his
counting-house, No. '2, New-court. The dividend war-
rants, with a list thereof in numerical order, must be left
one (day previous to payment, for the purpose of being
examined.