The Sun.
London, England, 1839-01-09 00:00:00

MONEY AND CITY NEWS.

(FROM THE MORNING PAPERS OF THIS HAT.)
TIMES.—The premium on gold at Paris is 8 ner mille,
which, at the English Mint price of 31. 17s. 10Id. the ounce
for standard gold, gives an exchange of 25. 35, and the ex-
change at Paris on London at short being 25 20, it follows
that gold is 0.60 per cent. dearer at Paris than i❑ London.

The course of exchange at New York on London is 110
per cent., and the par of exohange between England and
America being 109 23-40 per cent., it follows that the ex-
change is 0.43 per cent, in favour of England.
The mercantile letters lately received from Lisbon of the 3d
ult. contain some complaints of a measure which had been
recently adopted by the Government, to the prejudice of
the trading interests, without any previous notice. It will
tee recollected that at the commencement of last year,
extra, or rather double, duties were imposed on various
It'nds of imported provisions or produce imported—such as
rice, sugar, fish, &c., the continuance of such impost to
be limited to twelve months from the date, or from Ja-
nuary 6, 1838, to the same date in 1839. In contravention
of this decree, the Minister of Finance had taken upon
himself to order, on the 29th ult., that the exaction of
those extra duties should not terminate on the 6th instant, as
expected, but the receipt of them to be continued and the
amount to remain in deposit until the Cortes should legislate
on the subject, either by confirming or abolishing them. It
is a reasonable subject of complaint to those interested in the
trade, that at least three months' previous notice was not given,
as customary in alterations of tariffs, for the guidance of com-
mercial operations. The attention of Government here ought
it was conceived, to be drawn to this proceeding at Lisbon.
One of the private letters from Lisbon states that a Don
Pedro Martin, of the household of the Spanish Infante Don
Francisco de Paula, has been making some stay in that city,
as the representative of several Spanish secret societies acting
in conjunction with others in Portugal, for the purpose of
bringing about a federation of the two countries. He had
taken passports for Vigo and Paris, but it was uncertain when
he would leave Lisbon.

A strong feeling prevails among the mercantile interest in
the City in relation to the hostile proceedings of the French
towards Mexico, and the more so, as it is understood that all
points in disputes were agreed to by the Commissioners at
Jalapa, except the concession of the right to carry on retail
trade in Mexico by French subjects, and that the attack of the
French commander was grounded upon this refusal alone,
which would make the outrage the greater, as such right is
resisted by France in all her cities. Letters written from the
capital of Mexico 14 days previous to the attack speak of the
difference as all but arranged, and certain to be so. So great
has been the neglect by the Ministry of the mercantile interest
on this occasion, that notwithstanding the late boasting of the
efficient state of the navy, there was not to be found a single
British vessel of war to afforl protection to British subjects
resident in that City, who were all obliged to take refuge on
board of the British packet which happened accidentally to be
at Vera Crux at the time. Yet of this intended attack all
Europe was apprised, or saw that it was an event likely to
happen.

CHRONICLE.—There is nothing particular to remark
as to the operations to-day (Tuesday) in the English Stock
Market ; nor is there any change either in its general appear-
ance or the quotations of the several securities. Consols
closed at 94f to 4 ; Reduced Three per Cents., 934 to ;
ditto Three-and-a-Half per Cents., 10011 to 4. Exchequer
Bills 66,. to 68s. prem. ; India Bonds, 635. to 655. prem. ;
and Bank Stock, 202 f to 203:}.
Foreign Stocks remain much the same as yesterday, and re-
quire no comment. Spanish Active, 17k to 1; Portuguese
Five per Cents., 324 to 33; ditto Three per Cents., 21 to
Dutch Five per Cents., 102 to i; ditto Two-and-a-Half per
Cents., 544 to ; Belgian, 994 to i; Brazilian, 77i to 78 ;
Colombian, 27i to 28 ; Chilian, 26 to 28 ; Mexican, 24 to f ;
and Peruvian, 17 to 18.

Shares, on the whole, are heavy, and many of them show a
depreciation in value. Birmingham (old) closed at 78 to 80
prem. ; ditto (new), 22 to I prem. ; Southampton (old), 44i
to 453: per share; ditto (new), 19} to 20i prem. ; Great
Western, 12 to 13 prem. ; Gosport Junction, 2to prem. ;
Manchester and Leeds, 20 to 21 prem. ; Birmingham and
Derby, 9to 8 dis. ; Manchester Extension, par to prem. ;
Brighton, 34 to 3 dis. ; Blackwall, 11 to 11 dis.; and Green-
wich, 161 to 174 per share.
The exportation of the precious metals from the port of
London for the week ending Saturday last, the sth instant,
consisted, according to the official returns, of 813,912 ounces
of silver coin, and 2 000 ounces of gold. Of the go!d, 1,750
ounces were sent to Hamburg, and the remainder to Gibraltar.
The silver was disposed of as follow :-600,000 ounces to
Calais, 185,000 ounces to Hamburg, 22,640 ounces to Gib-
raltar, 5,272 ounces to the West Indies, and 1,000 ounces to
Rotterdam. The only remarkable item in the above list
is the large and unusual sum of 600,000 ounces of
silver which has been exported to Calais during the
week. This has strongly the appearance of being
the property of the Bank of England, and has
probably been transmitted with two objects the one
to place various persons in Paris in a better position in case of
a monetary crisis in that capital, which is much apprehended
by many people; and secondly, as connected with an operation
which is common with the directors for shipping privately a
portion of their stock of silver to the continent, in order to re-
gulate the exchanges when growing adverse to this country.
How far these shipments are to be carried on, and what effect
may be produced, cannot yet of course be seen ; but a ♦ery
little would occasion the exchanges to rise to an extent suf-
ficient to remove the impression which has prevailed for some
time as to the efflux of the precious metals to an alarming
amount.

POST.—There was nothing passing at the Stock Exchange
to-day to call for particular observation. There was scarcely
a shade of variation in the foreign exchanges this afternoon.
The northern packets have ceased taking out specie for the
present, and there is consequently but a very moderate supply
of bills upon the Market. Amsterdam was done at 12 3f;
Paris 25 50 to 55 ; Ham burgh 13 81 to 9 ; Frankfort 1501 to
and Antwerp at 12 2.