The Sun.
London, England, 1839-01-18 00:00:00

MONEY AND CITY NEWS.

(FROM THE MORNING PAPERS OF THIS DAY.)
CHRONlCLE.—Everything wears a favourable and
cheerful_ aspect in the English Stock-market, and the inacti-
vity which has prevailed for some time past in most of the
different securities is gradually giving place to wholesome
business. Consols closed at 924 to 93 ex. div. for money and
the account, which is a further rise of * per cent. since yes-
terday ; Three-and-a-Half per Cents. Reduced left off at
100 to i; ditto New, 1001 to ; Exchequer Bills, 68s. to
70s. prem.; Bank Stock, 202)r to 203; and Int'ia Stock,
2561 to 2571.
The Foreign Market still presents a every animated ap-
pearance, and more than usual business is transacted in most
of the various securities; but the chief attention is directed
to Portuguese, which have again been greatly in de-
mand, and have advanced considerably even as corn
pared with yesterday's quotations. The Five per Cents.
in the course of the day were quoted as high as 364 to
374, which was a further rise of nearly 2 per cent. ; but
some persons having taken —advantage of this improve-
ment to realise their profit, they gave way partially
and closed ultimately at 36* to The Three per Cents.,
which were influenced in a similar manner, were last quoted at
23* to The closing prices of the other Stocks were as fol-
low Active, 18* to j; Deferred, 71 to 8 ; Pas-
sive, 44; Dutch Five per Cents., 1021 to .s; ditto
Two-and. a- Half-per Cents., 541 to 1; Brazilian, 771 to 78;
Colombian, 29 to 1; Mexican, 25 to 4-; Chilian, 27 to 29;
Peruvian, 18 to 19 ; Danish, 751 to 76; Russian, 114 to ;
and Bdgian, 991 to a.
Shares on the whole are rather more Luoyant, although
the quotations do not :how any marked alteration, but
there is evidently an inclination to do business in them.
Birmingham Railway Shares (old) left off at 78 to SO
premium; ditto (new), 24 to premium ; Southampton, 44
to 45 per share; ditto (new), 19 to 20 premium ; Great
Western, 13 to 14 premium ; North Midland, 1 to 2 prem. ;
Brighton, 21 21 dis. ; BlizekwalT, IA. to 14 dis. ; Croydon,
13 to a per share ; Birmingham and Derby. 9 to 8 Ills. ;
Leeds and Manchester, 19 to 21 prem. ; Birmingham and
Manchester, 4to prem. ; Glasgow and Greenock, 1 dis.
to 3- prem. ; Glasgow and Paisley, 3 to 2 dis. ; South-
Eastern, 6 to 5 dis. ; Midland Counties, 16 to 15 dis. ;
Greenwich, 161 to 17 per share ; and Gosport Junction,
201 prem.
The exportation of the precious metals from the port cf
London, for the week ending Saturday last, consisted, ac-
cot ding to the efficial returns, of 19 570 ounces of gold coin,
which were sent to Hamburg; 8,300 ounces of gold bars, for-
warded to the same destination ; 8,000 ounces of silver bars,
shipped to Bombay ; and 580,318 ounces, which were dis-
posed of as follows:-5,000 ounces to Calais, 30,000 ounces
to Homburg, 22,315 ounces to the West Indies, 24,000 ounces
to Bombay, and 4,003 ounces to Mogadere.
The movement against the Corn-law is spreading from the
manufacturing districts to the metropolis, where usually there
has been too little attention paid to this all-important subject.
The various trades of the metropolis are beginning to move in
the prepaiation of petitions :—among others are the London
hake: s and keepers of coffee-houses, who are about to hold
meetings ; whilst there is a strong feeling of the same kind
amongst the factors at Mark-lane. Judging also from the let-
ters which arc arriving daily from the manufacturing districts,
it would appear that the whole of that part of the kingdom is
occupied almost exclusively with the discussion of the ques-
tion ; and so irresistible is believed to be the feeling of all
classes on this vital point, that the fate of the Administration
is expected to depend entirely on their own prudence in taking
the lead in the business, by a clear and distinct declaration to
be mode in the speech from the throne.

POST.—The speculators in Portuguese bonds have been
hard at work again to-day in-the other market, and the conse-
quence was a further advance in them of from 1 to 1j per
cent. We have still to learn upon what legitimate ground an
improvement of 5 or 6 per cent, has been realised in these in-
s ilvent securities in the course of about as many days. The
idea yesterday was, that negotiations were in progress for the
sale by the Portuguese Government of the Western Islands
to Great Britain ; for no report, how ever absurd, can be cir-
culated that is not readily swallowed by a numerous class of
persons. A Morning Paper, however, which has been appa-
rently disposed to estimate the Portuguese at a higher value
than the Dutch funds or even the stock of the Bank of Eng-
land. says :—.

•` This marked and favourable change is, we believe, the
result entirely of operations for the rise, based upon the pro-
mists made by the Queen on opening the Cortes with respect
to the foreign creditors, and the late advices from Lisbon hay-
ing given every reason to expect the Government will be
er:abled to carry out its wishes from the improved state of the
revenue and the finances of Portugal generally, while the tran-
quillity of the country warranted the Government in making
many returns and reforms, and turning its attention particu-
larly to the credit of the country."
To this alone our Contemporary thinks the recent advance in
the value of the Stocks in Portugal is attributabln.
Such a statement, coming from such a quarter, is especially
worthy of attention, as, even admitting all it contains to be en-
titled to the fullest confidence, there is little in it which can be
construed into anything at all approaching to a guarantee
of the early resumption of the payment of the dividends.
But unfortunately the picture here given of Portuguese
affairs is hardly a faithful one. Every letter and paper re-
ceived from Lisbon teems with complaints of the unsettled
state of the Algarves and other provinces, and of the unwilling-
ness of the public generally to pay taxes, while according to
the very last account issued of the receipts at the Custom
House showed a defalcation of twenty per cent. for the month
in comparision with the previous return. It may be remem-
bered, moreover that the reason alleged by the Queen for call-
ing the Cortes together before the accustomed period was, that
it had become absolutely necessary to procure from them at the
earliest moment an authorisation for the Government to pro-
ceed with the all important work of taxation. her Majesty's
concluding words immediately before declaring the extraor-
dinary session opened were—" This transcendent object de-
termined me to re-assemble you before the day marked out by
the fundamental law."

As regards the boasted tranquillity of the country, the
Queen herself admitted, upon the same occasion, that there
were some points of the kingdom in which the state of public
security was not satisfactory ; adding, that the two southern
districts continued to be infested with bands of robbers. We
need not dwell upon what was said of the heavy incumbrances
with which the country had been burdened, and the hopes ex-
pressed that fresh liabilities might be avoided. These, and
other important passages in her Majesty's Speech of the 9th of
December, will, we doubt not, be in the recollection of all
those to whom it is essential that they should not be lost sight
of. The Five per Cent. Bonds, after being done at 36i, left
off at 36. The Three per Cents., after a like fluctuation,
closed at 234. Active Spanish were last quoted 181 to ;
Five per Cent. Dutch, 1021 to e ; Two-and-a- Half per Cent.
ditto, 541 to i; and Colombian, 29 to I.
Nothing of any importance in the other papers.

-THE SUN, LONDON, FRIDAY, JANUARY 18, 1839

PRICES OF CANALS, DOCK STOCKS,

ASSURANCE COMPANIES,&c. &c. &c.

LONDON, TUESDAY, JAN. lb,
Number Dividend Frio
of per CANALS. per
Shsres. Annum. • Paid. Share
1,766 7 pet cent. Ashton id Oldham....Average 971.165. sh. 135
..082 41. Ashby, .e-le-'touch . Average lir.t.sh. 70
1,260 Basingstoke lool.sh,
1,005 5/. Brecknock and Abergavenny 150/. A.
8,000 1-16 sh. 91 6s. Birmingham, 1-16th share .. . .. AIL & 711.
L 000 Ditto and Liverpool Junct...rw;i. sh. 100 pd
600 3/. Bridgewater and Taunton ....1001. sh. all pd
400 4/. Chelmer and Blackwater ICO/. sh.
500 481. Caventry 100/.sh.
4.545 Croydon ~ Average 31/.2e.10d. sh.
2,0e01 41. Os. Dudley IOO/.sh.
600 141. Derby 100/.sh.
?0.000 4 per cent. °amine and Mayne 411.135. 4d .pd
3,5751 51. Ellesmere and Chester Average 133/.311.
231 621. Erewash 1001.5%
1,297 281. Forth and Clyde Average 4tlo/.l6s.th.
1,600 12/. Grand Junctioe Md. sh.
2,5491 11. Grand Union 1001. sh
11,500 Grand Surrey
0,000/. 41. per cent. Ditto (oytional) Loan lOO/.
3 .196 Grand WesternN
600 13/.125. Sd. Glamorgan:hire, Average cost 1721. 13s. 4d.
749 10i. Grantham 150/. sh.
6,238 2/. Os. Huddersfield Average 571.65. 6d. sh.
100 Kensington 100 sh. all pd.
5.328 11. ss. Rennet end Avon, Average 39/. 18s.10d. sh.
2,597; 211. Leeds and Liverpool 100/. sh.
5451 13/. Leicester l4O/. sh.
1,897 6!. Os. Leicester and Northampton... Aver e 3/. Ins.
2.400 101. Monmouthshire 100/ .sh.
150 10/. Melton Mowbray 100/. eh.
500 251. Mersey and Irwell 100/. sh.
3.000 11. 10s. Macclesfield IRV, sh. all pd.
24/7 17/. Neath 100/.sh.
2,100 51. Peak Forest Avet.ge about 76/. sh.
1,418 lie. Regent's (or London) Aver. 33/. ltis. Bd. eh.
5,609 6/. percent. 11 ochdale Average 851.5 h.
500 81. ishrepshire 1'4.51. sh.
800 91. 10s. Somerset Coal 150/. sh.
-3,6110/. q percent Ditto Lock Fund Stock l2l. 10s. sh.
700 404 Stafford and Worcester 110/. sh.
500 9/. Shrewsbury 1251. sh.
300 9!. Stourbridge
3,647 21. Os. Stratford-on-Avon ...Average 79!. 9s. tocl, sh.
Sal 151. Swansea IDOL eh.
3,762 11. 15s. Severn and Wye and Railway ... A r 35/. sh.
,60 14 Sh• 221. 10a. Trent and Mersey, I share 1001. sh.
8,149
1,00
IdC"h'i 16/. Warwick add Birmingham lOOl sh
04sh,
910 154. Warwiek and :Captor] lOOl. sh.
6,000 4/.os, Worcester and Birmingham...Av.7Bl.Bs. sh.
5,000 255. Wilts and Berko .. Average (17!. 10s. Bd. sh.
800 3/, Vli yrley and Essington 1251. sh
126 Wisbeach lO5/. sh.
905 li. Wey and Arun llO/. sh.
DOCKS.
2,600 &
1,0650 h 3p. c Commercial 'ool. sh.
East and West India Stock
3.238,3101/. 555. p. et. London Stock
Ditto iSonds
2.209 2/. 19s. Bristol
66,324/. 5/. per cent. Ditto Notes, various amounts -
1.552,752 5 per cent St. Katharine Stock
50(1,000 4j per cent. Ditto Bonds
200.000 4 per cent. Ditto Bonds Inc 10 years
2.500 . .... Deptford Pier
BRIDGES.
1,600 10s, Hammersmiti 5Ol. sh.
7,•/.31 Southwark, Old .Av. 631 28 8d sh.
1,700 11. 15s. Ditto, Now, of 7j re cent. 5Ol. sin
5,000
5,000 18s. Bd. Ditto, Old Annuities of 8/. 6O/. pd
5,000 16s. 4d. Ditto, New Ditto of 71 401. pd
60,000/. 51. per cent. Ditto Bonds
5,848 178 Vauxhall Average 70/, 10s. 3d. sh.
ASSURANCE COMPANIES.
{i
2,000 3110 s Albion 500/. sh. 50/ pd
50,000 Sand
15rict
Alliance,British& Foreign 1004 sh. 10j/. pd
50,000 6 per cent. Ditto, Marine 1001. sh. 5/ pd
24,000 11. per sh. Atlas 5(1. sh. 5/. pd
1,200 ish. 5/. Birmingham Fire .. 2501. sh. 55/. pd
20,000 41. per cent. British Fire 250/. sh. 50/. pd
12,000 61. per cent. British Comtnercial 50/. sh. 5/. pd
5,000 5/. per cent. Clerical, Meili...al,&c. Life, 1001.8 h. 2/10s pd
4,000 2/ lOs County 1001. sh. 10/. pd
20,000
__ ss. Eagle .. .... . 50/. sh. 5/. pd

_,ES, cent.
-
Economic Lite
''''' and 301 bs.j 1000/. sh. 2504 pd
2,271 225. percent. European LI. • 2O/. sh. all pd
50,000 2s. Ditto, Nie "0/. sh. 2!. pd
1,000,0001. 71. per ct Globe Stock
20,000 51. Guardian lOO4 sh. 271/ pd
40,000 Os. ed. Hope
2,400 51. 7s. 6d. Imperial Fire 5001. sh. 501. pd
7,5110 9s. Imperial Lite 100/. sh. 101. pd
13,458 44 per cent. Indemnity Mrsaine WO/. sh. 8/. psi
2,020 3/ 10$ Kent Fire 504 sh. all pd
31. Ditto Life
10,000 16s. Law Life 100/. sh. 10/. pd
5.000 10s. London, Fire 25/. sit. 12/. 10s, pd
3,900 10s. Londen, Ship .51 sh. 121. 10s. pd
1,000,000/. ... ..... Minerva Life 100/. sh.
30,000 M. per cent. Palladium Lite 50/. sh. 2!. pd
50,000 41. per cent. Protector File "0!. sh. 2/. pd
2.500 11. Provident Lite lOO/. sh. 10/, pd
100,000 ss. Rock Life .0/. sh. 14 pd
699,2201 5!. per cent. Royal Exchange ctock...
6,000 5 per cent. University Life IOW. sh. 5/. pd
50,000 4 per cent. United Kingdom Life 100/. sh. 51. pd
JOINT STUCK BANKS
'15,000 8 per cent. Agric_and Comm.of Ireland 251. sh. 104 pd
5,000 Australa in 4Ol. sh. 404 pd
10,J00 10 per cent. Bank of Birmingham sf/. sh. 104 pd
(0,000 19 per cent. Birmingham Bank -50/. sh. 5/. pd
3.1,000 5 per cent. London and Westminster...loo/ sh. 201. pd
60,000 51. London Joint Stock. 504 sh. lOL pd
.1,000 4 per cent. Lancaster 1001. oh. el. pd
25,000 Liverpool 1001 eh. 10/. pd
100,000 7# per sent Manchester and Liverpooll 50/. sh. 151 pd
Distri^t
20,000 7 percent. Manchester 1001. sh. 251 pd
20,000 Provincial Bank of Ireland 100/. sh. 25/. p 4
50,, 00 National Bank of Ireland 5“/. sh 171/. pd
10,000 5 per cent. National Provincial Eng. WO/. sh. 351. pd
10,000 Gloucestershire 5O/. sh. 101. pd
6,000 10 per cent. Hampshire 501. sh. Si. pd
GAS LIGHT AND COKE COMPANIES.
2,500 1/ Os Od Bath
5,000 British 4Ol. sh. 164 pd
5,,,-,,,, [ands4percent.l Ditto Provincial
°' Bs. 6s. 2Ol. sh. 19 p 3
928 5110 s Birmingham 50/. sh.
1,250 2/ Os Bristol ........ 20'. sh.
1,500 3/ Ills Brighton 20/. sh.
750 31 lOs Ditto, New OOl. sh. 18/. pd
2,471 41 per cent. Brighton General 201. sh. all pd
4,000 54 Continental Consolidated
1,000 10/. City of London ...... .... ........100/. sh. all pd
1,000 61. Ditto, New
4,000 41. 10s. Equitable 414 pd
10,000 2t, per cent. Imperial 504 sh.
800 51. per cent. Isle of Thanet 251. sh. 201. pd
2,350 6/. per cent. independent 3O/. sh. all pd
9,000 31. per cent. Phoenix .. 5Ol. sh. 39/. pd
1,000 41. per cent. Ratcliff 1001. sh. 80/. pd
4,000
8,200 5!. per cent. United General 5O/. sh. 461. pd
240 5/. per cent. Warwick 50!. sh.
400 5/. per cent Wakefield 25!. sh.
2,000 3/. Westminster Chartered
6,000 12s. Ditto New 5(l. sh. 101. pd
860 Yarmouth 201. sh. IS!. pd
WATER WORKS.
1,800 9s. Birmingham 25/. sh. 251. pd
4,434 6!. East London lOO/. sh.
5,500 21 lOs Grand Junction ....Average 411 13s. 4d. sh.
2,000 21. Kent lool.sh.
372 101. Liverpool Bootle 2201. sh.
1,500 21 lOs Now River London Bridge Water Annuities
6,486 1/ 153 Manchester and Salford 100!. sh.
1,000 4 per cent. South London 1001. sh.
8,294 4/. West Middleiex ....Average 631. 12s. ild. sit.
1,260 1/ 14s York Building Co. Lessee Prop 100/. sh.
IRON RAILWAYS.
6,300 ...... ... Birmingham and Derby 5O/. pd
9,500 Birmingham and Gloucester
15,000 .. Bristol and Exeter 100!. sh, '.20 pd
660 Calcutta and Saugur 501. sh. 2!. pd
7,500 .. ...... . Cheltenham and G.West ern 1004 sh. 20/.
3,000 Clarence 100!. sh. 1001. pd
12,000
8,000 Dublin and Kilkenny 100/ sh Si.pi
80,000 ... ...... Eastern Counties 231. eh. 10/ pd
Grand Junction 1004 sh. 05/. pd
Great North of England 30/. pd
5,000 Great Western lOOl. sh. 654 pd
2,000
8,000 ...... ... Hull and Selby 501. sh. 204 Pd
10,00 t) Leeds and Manchester 100/. sh. Si. pd
2,100 31. per cent. Leeds and Selby 100 sh.
1,500- 11.55. Leicester and Swannington ....501. sh. all pd
5,100 10 per cent. I averpool and Manchester...lo(l.l3h. 1004 psi
10 per cent. Ditto Quarter Shares 25/. pd
36,000 .. London and Brigitte- 5O/. sh. 14/. pd
12,000 ...... ... London and Blackwall 501. sh 31. pd
20,000 3 per cent. London and Greenwich "01. A. 20/. pd
25,000 London and Birmingham -1001 sh. 90/. pd
Ditto Quarter Shares 51. pd
20,000 London and Southampton ....504 alt. 504 pd
Ditto ditto New
11,000 ...... ... London and Croydon Trunk 201 sh. 201. pd
6,000 Ditto New Scrip 1211. psi
12,0(10 London Grand Junction 50/. sh. 51. pd
13,000 Manchester and Leeds 11,004 sh. 504 pd
10,000
North Midland 1001. sh. 551. pd
Northe”n and Eastern 1001. sh. 15/. pd
2,600 Preston and Wyre 50/. sh. 301. pd
28,000 ...... .. South Eastern and Dover 91. pd
1,000 10/. per cent. Stockton and Darlington 100/. sh.
9,000
1,400 Westminster and Greenwich 501. sh. 2/. pd
6,000 ...... ... York and North Midland -.50 . sh. 121, pd
MINES.
8,000 .. ... ... Albion Copper 5/. sh. 314 pd
4,000 11.55. Alten 151. sh. 121. lOs pd
10,000 ... ... . . Anglo Mexican, iss. 5/. pm.... 1004 sh. all pd
Ditto Subscription 951. pa
2,000 1 'I. Bolanos l5Ol. sh all pd
10,000 11. lOs Brazilian Imp. iss. 51. pm 35/. sh. 201. pd
6,0.0 Macatrbas 8t Cocaes United 251. sh. 2",/. pd
11,000 Ditto St. John Del Rey 20/. sh. 11/.:pd
10,000 Bolivar Copper Company 20!. sh. 20/. pd
10,000 ......,.. Ditto Scrip.... 10/. sh. 10!. psi
20,000 British Iron . 50/. sh. 5(1/ pd
6,000 ...... ... British Copper 5l. sh. 41!. pd
---. Cata Branr- 6l/. ill

71
196
114
004
48j
20

5i
st
i
205

65
75
12u5
61
11

r. 91
121
10;
Oi
701

.ca 6,11. , ~
Candonga 7ll. pd
10,000 11 Copiapo 201. sh. 13/. pd
8,500 ... Colombian, iss. 51. pm.
2,850 31. English
20,000 General Mining Association...2o/. sh. 17/, pit
0,155 Mexican Company 1001. sh. 55V. pa
2,000 Polberou Consols . lOl. sh. 81. pd
1,500 Real del Monte, Unregistered
Ditto Loan Notes l5Ol. lid
United Mexican, iss. 2pm ....401. sh. all pd
.... .....
Dita. Scrip
Ditto New Scrip sl pd
West Cork 501 sh. 501. pd
LITERARY INSTITUTIONS.
1,000 London, with Bronze Ticket 75gs. sh. '2.
1,500
.„, ...... London University 100/. sh. all pd 2
700 Russell gigs. sh. :
King' College 100/. pd 20
MISCELLANEOUS.
10,060 15s. Australian Agricultural....loo/. sh .2CII. pd 46
6,000 4/. per cent. British American Land Company 23/. pd I 1
100200 (11 per cent. Canada Company 1001. sh. 301. pd 251
200,000 51. per cent. Upper Cana.4a Loan ........ 99
City Bonds, 4 par cent loo'l
20,000 1/. Os. General Steam Navigation ...151. sh. 141. pd 22-I
101. per cent. Hudson's Bay Stock
2,000 11.
oSma
pl ea
nRy o._!). Av. 75/. sh. 19
0,000
500,000/.
Cifonudtocnh oCifcmd
. . s.„p
New Brunswick Land Companln...s. .............. 1211. pd 12
y ::0/. pd
2,754 5/. per cant. Reversionary InterestSoc...loo/. sh. 100/. pd 131
2,623 51. per cent. Ditto New ..................... 100/. sh. 75/. pd 06
4,00)) Thames Tunnel .....................501. sh. all pd 81}
10,000 os. Van Die,ner.'s Land 1001. sh. 17/. pd 12

30,000

LIST OF SCOTTISH COMPANIES' PRICES.
DEC. 26, 1838.
BANKS.
1,500,0001. fit. p. ct. Bank o 1 Scotland M. os Bd. sh, all pd
2,000,0)(7. 5-I p. et Riyal of Scotland 1001. sh. all pd 1(21,
500.010/. fs p. et. British Linen Company 1001. sh. pd 240/.
1'1,000,000/. Cl. p. ct. Commercial 5OOl sh. 1001. pd 1771.
Nrtional lOO/.5h. 10/. pd
2,000,0,41. 6/ p. ct. Glasgow Union 9501. sh. 50/. pd 84/.
1,000,0 f, 0/, 4p. ct. Western of S,otland -2001. sh 401. pd 551.
INSURANCE COSIPANIES.
.25f..6005h, u. et. Scottish Union 90/ sli !1. pd f;Os
7,500 r/i p. ct. Hercules 1001. sh. 10/. pd 161. Os
10e,o00 sp. et. Insurance Co. of Scotland -JO/. sh. all pd 101. Os.
50,000 6p. ct. North British 900/. sh. 10/.1)0 t.'ol.
1,10)0 sp. ct. Caledonian Fire 100/. sh. 10/. pd 201.0.
5,0 nn hp. et. Edinburgh Life 100/. sh. 10/. pd 14/10s
100,000 3f p. ct. West of Scotland lO/. pd it Os
MISCELLANEOUS.
4,910 ... ..... Edin. and Glas. Un. Cana1...50/. sh, all pd 101,
Ditto Allocated 961. sh. all pd 471.
5,400 5 per cent. Edinb. Joint Stock Water.... `25/. sh. all lxi "91
Carron Iron Company ......2501. eh. all pd 44/,
•?,60,.,5ii 15 per cent. Shott.3 Iron Founaery ......... 50/. sh 49/. pd 521
10,000 2 per cent. Edinburgh & Leith Glass ....201. sh. 161. pd
,) "t. Tdir,burgli C0a1(7a:.......,... ri! .51) 1. 'UV
t, i•: L. 'll
1:), 7,1 per 'tent. Leith Coal Gas .................. 20/, sh. all pd 50/.
,200 ...... Edinburgh and Dalkeith Itai!way...so/. al 381.
001 SMT dant. Equitable Loan Company...l6l. pd 91. 1114.