The Sun.
London, England, 1837-02-08 00:00:00

THE FUNDS.-THIS DAY.

CITY, TWELVE O'CLOCK.
We have received a Montreal Paper of the 10th January/
which contains the following:—
" DOWNING-STREET, Ann. 30, 1836.—Sir—The particular
attention of his Majesty's Government has been called to mea-
sures adopted by various Colonial Legislatures, for revising
and altering the rates at which different coins should pass
current, and be a legal tender with reference to local monies
of account. These regulations have obviously considerable
influence upon the transactions of those departments which are
concerned in the collection of duties, imposed by Acts of
Parliament ; more especially upon transactions of the military
chest ;
and as material consequences have already been expe-
rienced in these respects, it is desirable to adopt such
measures as may prevent the recurrence of such inconvenience,
and thereby avoid the necessity of revoking such enactments
as may be deemed objectionable, after they shall have been
promulgated and carried into effect. With this view I have to
desire that you will not permit any Act or Ordinance, or Pro-
clamation or Regulation, to come into operation in the colony,
under your Government, relating to the local currency, and
circulating medium, or to the rates at which coins should pass
current, or to be a legal tender ; or to the circulation of pro-
missory notes, or other paper, either by the local Govern-
ment, or by any corporate bodies,,or individuals, without hav-
ing first received his Majesty's sanction conveyed to you by the
Secretary of State.
( Signed) " GLENELG."
We have received a New Orleans paper of the 24th of
December. We extract the following from the Price Cur-
rent :
" Statement of cotton—stock on hand, October 1, 1836 :
Bales, 8,702 ; arrived this week, 13,283 ; arrived previously,
199,523 ; exported this week, 23,895; exported previously,
97,929 ; stock on hand, 99,684.
" Louisiana State Bank, 121 dollars ; Bank of Orleans,
113 dollars offered ; Banking Company offered, at par.
-" We have had disagreeable weather all the week. On
Thursday it was warm and wet ; and since then the cold has
been severe. The Mississippi is .9i feet below high-water
mark.

,‘ We observed last week that the Cotton Market closed
heavy. This dull character was maintained until Thursday ;
the sales to that time being slight, at a reduction on yesterday.
But notwithstanding the gloomy accounts received from Li-
verpool, there was a large business done at full prices."
There is a stagnation to the present hour in all speculations
in the various funds, and the prices of Consols may be qnoted
at the closing of yesterday, 894 4 for Account; 89i Money;
Exchequer Bills, 26, 28; India Bonds, 23 ; Bank Stock,
208.
Spanish Active, 241 4; Passive, 414 7 ; Deferred,
Portuguese, 474 48 ; Three per Cents., 304 31.
Accounts of a considerable failure at Liverpool have been
recevied this morning.
HALF-PAST ONE O'CLOCK.
The whole of the morning has been very uninteresting in
the City—no information of consequence—a stagnation in the
operations of the Funds—and not even a single report afloat.
Within a short period Consols have improved a shade higher.
They continued during most part of the morning at 894, and
at present may be quoted at 891 afor the Account ; Money,
sq. Exchequer Bills, 27 28 26 premium ; India Bonds, 20
22 premium ; Bank Stock, 208; India Stock, 2571 2581.
Spanish Active, 244 8 ; Passive, 7 ' • Deferred, 114 ; Por-
tuguete, 48 ; Colombian, 25 ; Dutch, 54k.
The Share Market is still very heavy.
The failure at Liverpool is in the grocery line to a large
amount—report says 250,0001.

THREE O'CLOCK.
Consols for the Account, 89 i.

The Grippe extends its malignant influence in every
quarter. M. Paul Delaroche and several other artists, are at
this moment suffering from its attacks. Twb-thirds of the
pupils of the Colleges in the capital are also confined by it.
Sixty-three inspectors and sergens de ville are likewise among
the sufferers from the malady, as well as a number of letter-
carriers. The inconvenience sustained by the public at large
from the illness of the last mentioned humble but useful func-
tionaries may be easily conceived. The Municipal Guard is
almost decimated, and with difficulty furnishes men sufficient
fur the duty confided to that body. The grippe also con-
tinues to play its part at the theatres, many of the perform-
ers of which have been obliged pro ternpore to resign the
sock and buskin. In the departments, too, the disease has
made progress, especially those bordering on the channel and
the ocean. Vast numbers of the inhabitants of Calais. Arras,
Havre, and Caen, have been attacked. As in Paris, the
complaint has not assumed a serious character, but it prevails
amongst all ranks and professions.—Paris Paper_
Wandsworth Assembly took Place on Monday even-
ing last, and was attended by upwards of 300 of the haul ton.
The carriages began to arrive soon after nine o'clock, and at
ten dancing commenced to Adams's fashionable band, who per-
formed, in their usual style of excellence. The refreshments
were of the first order, and the whole went off with brilliant
se/at. , His Royal Yacht Quadrilles, and his Laughing Finale
were repeated several times, by desire.