The Sun.
London, England, 1837-06-19 00:00:00

TO THE EDITOR OF THE SUN.

Sia,—ln your paper of yesterday I find that in your
Share-list you quote the Wakefield Gas Shares at 221. 10s.,
and pay 8 per cent.—they are now selling at 421., and pay
10 per cent ; original cost, 25/. I also beg to inform you
that the Wakefield Corn Eiehange Shares &re now sell-
ing at 251.

1 have the honour to remain,
Yours, most obediently,
Wakefield, June 16, 1837. CHARLES CLAPHAM

[Our Correspondent is informed that our prices of Shares
are copied from Wettenhall's Course of Exchange, in which
the prices were as we gave them. We have altered them
in our List to-clay according to his statement.—ED.]

LIVERPOOL-SATURDAY.

(From the Correspondent of a Morning Paper.)

. -
IMPORTANT COMMERCIAL INTELLIGENCE-THE BANK OF
ENGLAND AND THE LIVERPOOL MERCHANTS.

The deepest interest and anxiety have been felt for
some days for the situation of a large—perhaps the largest
—American house in Liverpool, that of Messrs. William
and James Brown and Co., for it would be affectation any
longer to suppress the name of the distinguished firm in
question. It was perfectly well understood in the me:-
cantil3 world that they were much inconvenienced from the
total prostration of credit in the United States cutting off
their remittances, and that they found it necessary to ap-
ply to the Bank of England for assistance. It is, there-
fore with the greatest pleasure we announce that about 9
o'clock yesterday morning an express arrived from London,
bringing the gratifying intelligence that the Bank was so
well satisfied with their unquestionable means, that the
Directors had come to the unanimous resolution to afford
them all the aid they may require throughout the whole of
the present year—that is to say, until the first of January
next, after which, we understand, the house has no en-
gagements. _ _

-It appears that the firm referred to had heavy engage-
ments falling due on Thursday last, the 15th inst., and it
was on that day that the Bank Directors came to the libe-
ral decision adverted to, the express being sent off at half-
past four o'clock in the afternoon. We may add, that the
resolution was agreed to without imposing any restrictions
whatever upon this eminent mercantile firm. The house is,
therefore, at perfect liberty to enter into any new engage-
ment. The intelligence has diffused universal joy amongst
the mercantile interests in this town, and we have no doubt
its betrAcial effects will be felt throughout the manufactur-
ing districts, where this house transacted a most extensive
business. We rejoice at the feeling which the Directors of
the Bank of England have adopted. It has not only pre-
vented the ruin of thousands, but will in a great measure
restore public confidence, and open again th channels of
commerce to the enterprise of our merchants and manufac-
turers.

By accounts last evening from London, it appears, that
it is determined to call a meeting of the bankers, &c, more
immediately connected with the American trade, with the
ostensible object of expressing their confidence in the inten-
tions of their debtors on the other side of the Atlantic.
It is to be hoped that this demonstration of kindly feeling
here will stimulate the parties in the United States who
are debtors to British merchants to use every exertion to-
wards liquidating their accounts.
It is stated on 'Change, by those most likely to be well
informed, that'the capital in trade of the above firm is no
no less than 1,300,000/. It. is further computed that if
every house which is indebted to them were to Pay only
ss. in the pound, they should still be able to pay 20s. in the
pound, and retire on 500,000/. The last packet from New
York brought bills of lading of twenty vessels having sailed
with cargoes worth 200,000/. or 300,0001., consigned to
Messrs. Brown and Co.

It only remains for us once more to congratulate the
house in question, and the commercial world generally, on
the pleasing intelligence we. have now promulgated. The
packet-ship North America 'sails this morning for New
York, and will carry out the gratifying tidings to the mer-
cantile interests in the United States. The ship Louisa
sailed yesterday morning for New York, in lieu of the
Siddons, which is the packet advertised by Messrs. Brown
and Co. for the 15th, the latter vessel not being ready.
So anxious were they to forward to America the news
brought by the express, that they despatched the steamer
Hero after the Louisa with the intelligence. Up to a late
hour last evening we had not heard of the steamer's return,
but we presume there can he little doubt of her overtaking
the packet, which, in that case, will probably be the bearer
of the earliest intelligence of this important event. •

Lord Sidmouth has attained his 80th year, and is
nearly as stately and stiff in his earrage as when he was seve-
ral years ago Speaker of the House of Commons.