The Sun.
London, England, 1839-12-11 00:00:00

THE SUN, LONDON, WEDNESDAV, DE

in the United States. We quite agree with the
writer that the opportunities which the young com-
munities of Illinois, Michigan, and others, have had
of borrowing, is one of the causes of their astonish-
ing progress. " Instead of passing through the com-
paratively slow process of some forty years since,"
he says, " they avail themselves at once of modern
improvements, and, in half a generation, attain the
eminence which their elder associates have been a
. --
century in reaching."

Madrid Journals of the Ist instant, have been
duly received. In the Gazette of that date, we find
he Go vernment admitting that two hundred millions
of reals of five per cent. bonds have been created
for guaranteeing advances by contracts, which,
however, it pretends will not get into circulation.
This is presposterous. The jobbers in Government
securities are too cunning to burthen themselves
with Spanish bonds a moment after they can find
fools to purchase them. We trust the new Cortes
will hare the patriotism to call the authors of this
flagrant violation of the solemn vote of the late Re-
presentative Assembly to a severe account.

On the 30th ult. ESPARTERO'S head quarters
continued at Alas de las Matas, in Arragon. The
Carlists had taken Esterquel in his rear, of which
the hero of Victory heard nothing till the affair was
over, though it lasted two days. The Carlist
Chief LLANGOSTERA, treated the garrison with
great humanity.

Letters from Alexandria of the 25th of Novem-
ber, state that the Oriental question may be re-
garded as all but finally settled. MEHEMET ALI
was in high spirits, the Porte having, it was said,
ceded all his demands. On the 22d Mr. WAG-
HORN presented to his Highness a portrait of
Queen VICTORIA in her robes of state, and, as a
curious accompaniment, a portrait of himself. Both
were received by the Viceroy very graciously, that
of her Majesty being ordered to be placed in the
Harem.

The arrival of the Hatti Scheriff put the Vice-
roy in anything but good humour. He treated it
at first as a hoax, and again as a piece of rash
legislation destined to be forgotten a:most as soon
as published. The fleet received it with acclama-
mations of joy, and such was the general excite-
ment that an emeute was apprehended.
On the 14th the Persian Princes arrived at
Alexandria. MEHEMET ALI treated them with
great distinction.

The French Journals of Monday publish a
despatch, addressed by Marshal VALEE, to the
Minister of War, intended, no doubt, to allay the
popular apprehensions relative to the fate of the
French Colonists in Africa. We give this docu-
ment, together with the latest private intelligence
from Algiers, in another part of The Sun. in our
opinion he must be a sanguine Frenchman indeed
who will derive much comfort from its perusal.
Even in the City of Algiers fears were enter-
tained of the rising of the natives against
the French, who were left without the
protection afforded by the presence of a large num-
ber of troops. ACHMET, ex-Bey of Constantine'
has suddenly re-appeared at the head of a consider-
able army of Moors and Arabs, and threatens to
cut off, for the present, all communication between
Constantine and Bona. That he is acting in con-
cert with ABD-EL-KADER, under whose standard
6,000 warriors had ranged themselves, is doubted
by no person acquainted with the movements of
the two Chiefs. We do not regard the result of the
struggle as in the least doubtful. The French arms
will eventually triumph, but the conquest will not be
worth a tenth of the blood and treasure expended in
making it. As to the permanent establishment of
the French power in Africa, that is a different
question altogether.
Rumours of the discovery of an extensive Bona-
partist conspiracy, were rife in Paris on Monday
It was stated that Prince Louts NAPOLEON had
been in Paris for six days, and that the police had
almost succeeded in seizing him, having discovered
and searched his lodgings only six hours after he
left them. We believe there is not the shadow of
truth in this report about the Prince being in the
French capital. That an extensive conspiracy has
been discovered is probable enough, as there can be
very little doubt as to the existence of numerous
treasonable societies in Paris.
A letter from Nasarre srys that a corps of cavalry
sent by Cabrera have just penetrated into that pro-
vince. Report says that it will be followed by a divi-
sion taken from the army in Aragon, which has become
more free in its movements since Espartero commenced
his retreat. The Christino commanders in Navarre are
much alarmed at this circumstance, which may have a
great effect on the population in Navarre, who are al-
ready so ill-disposed to the Queen's cause.
The Christino journals of the frontier declare, that
if Cabrera endeavours to communicate with the discon-
tented in Navarre it will be very difficult to maintain
tranquillity in that province.—La Gazette de France.
The Pare de Bayonne affirms that Espartero is
going to undertake the siege of the Carlist forts.
The Scntinelle des Pyrenees affirms that he will do
nothing during the bad season.
A French Envoy, who has been to Morella, has
returned to Saragossa.
A letter from Balsareny, dated November 18, says,
" It is reported that Nagarra and Labandero have
escaped from Berga, where the Junta has some designs
against them. Pierre Davila has been arrested. He
and the two others are accused of having caused the
death of the Count d'Espagne, and of having supplied
the troops with damaged provisions in the affairs of the
14th, 15th, and 16th, before Solsona.—Les Cunstitu-
tionnel.
It is affirmed that in a Council held yesterday, in
which the King presided, the necessity Gf a change in the
higher department of the administration in Algiera was
discussed. It is in contemplation to recal Marshal Valee.
Several persons have been proposed as his successor for
his Majesty's decision.—Le Commerce.
BO URSE.--Patals,' MONDAY, Dac. 9.
first Highest Lowest Last
Price Price. Price Price.
rench 5 per Cents ll2 10 112 10 ... 111 95 ... 111 95
4 per Cents lOl 50 ... 50 ... 101 80 ... 101 50
3 per Cents BO 60 ... 65 ... 80 ... SO 50
/Link of trance 299U
...2990
Latfitte Bank I,ooof. 10;,980
5,000 f. Sh 5250 ...5250 ...5245 ...5245
Belgian 5 per Cents lO2 102 ... 102 ... 102
3 per Cents 72 ... 72 72 ...
Bank 7511 ... 760 ... 720 ~.760
Spanish Active
Passive
... 634 ... 6% ...
Dutch 23 per Cents 53% ... 53% ... 53%
... 5:31i
Portuguese 3 per Cents
Neai.olttan
Roman lOl% 101% ... 10i% 101%
RAILWAY SHARES.
St. Germain
Versailles, R. 13 520 522 50 ~. 515 515
L.B. 3.:0 ... 327 1,0 ... :315 317 SO
ltsvre
Strasburg to Bale 329 220 ... 320 320
ASPHALTES AND BITUMENS.
Yarn (Maberly's)

German papers of the latest dates have been re-
ceived this morning. The following are extracts
from them :

BuuNswicK, Nov. 27.—1 t seems certain that at the
opening of the Assembly of the Estates, many illus-
trion3 visitors will be present, one of whom is the King
of Hanover, who is expected in a few days. It is pro-
bable that the Session will be opened for the first time
in the hall of the new palace. At least great prepara-
tions are making to have it ready by that time.
NAPLES, Nor. 23.—While great complaints reach
us from Upper Italy, of the bad weather, we have had
for a week past extremely fine weather, as we have
usually only in the best season of the year ; the Neapo-
litans call it St. Martin's summer : indeed every thing
looks like summer.

Russian 5 per Cent. Ist series, Certificate
Inscription, Ist Series IU2% 102
Russian 5 per Cent. Hop, and Co. 3d and 4th
98 97N
Ditto in Certificates
Dutch Actual Debt, 2y,pe Cent 51% 514
Ditto a per Cent 93
Polish Booth
Ncw I icket
Anglo- Dap ish Loan, 3 per Cent 7O
Norwegian Loan, 1534, 4 per Cent...
St:anish, New 3 per Cents. 22
EXCHANGES ON LONDON.
HAMBURG, DEC. 6.—13, fisl—Two months, 13. 4.
PETERSBURGH, ov. 26. —"Fwo months, 33
CHRISTIANIA, Nov. 27.-I'hr c months, 4 116.
STOCKHOLM, Nov. 29.—Seventy-five days, 11. 39.
BERLIN, DEC. 3. —Three months, 6. 2.N.
AUSTRIAN FUNDS..—.VIENNA, Nov. 30
Five per Cents. Metalliques
Fowr per Cents.
.1' 07';,
Three per Cents.
Bank Shares
--Aligemeine Zeitung, Dec .5
PRUSSIAN FUNDS.-113R1.1N, DEC. 3.
__

Bills. Money.
St. Schuld. Sch., V:, per cent. lO3. 10:3Ys
Prussian Engiish Loan, 1830, 4 per cent 102,.4 102!-i
ir..xLhange on London, three months.., ii ?IT;
—Prussian Slate Gazette, Dec. 4.

MONEY AND COMMERCIAL NEWS

CITY, TITELTE O'CLOCK.
We cannot too strongly condemn the readiness with
which certain portions of the public give credence to
the most unfounded reports as to the solvency of some
of the most regular concerns. In one particular
instance, that of an eminent silk house, we can, of our
own knowledge, give the most flit contradiction to such
malicious reports.

LIVERPOOL COTTON MARKET, TUESDAY.—OUT
market to-day has been rather dull ; the sales amount
to 2,500 bags, prices are Without alteration.

Arrivals this morning, a French mail ; ship-letters
from Pernambuco, Demerara, and Calcutta of the 27th
of July (old.)
Demerara papers of the 25th of October have been
received, which state that M. Ries, of Georgetown, who
had left that port in April with a Commission from a num-
ber of estates to supply them with agricultural labourers
from Germany, had returned in the Louisa Baillie with
seventy men, seventeen women, an'l seven children,
twenty-six or twenty-eight of whom were field labourers,
and were appropriated to Plantation Reliance , nearly the
whole of the latter were obtained immediately from
Germany ; but of the others some had been in Lon-
don, from periods varying from one year to twelve or
fourteen years. One gentleman engaged him to bring
out 100 German labourers, at twenty pounds per head,
to these people, after their location on the property, for
which they were intended, ho (the gentleman) pledged
himself to pay one guilder per day for eight hours
work of a man in the field, to give him a
comfortable cottage to live in, medicine, and medi-
cal attendence when sick, two pounds of salt
pork, three pounds of salt fish, five pounds of rice
or corn meal, six ounces of coffee, with sugar sufficient
per week, and a bottle of beer between two of them
every day ; and to tradesmen he presented 12 dollars
per month, together with these allowances.
A proposition for the establishment of rural and agri-
cultural schools was about to be agitated. The pro-
priety of obtaining for the colony agricultural la-
bourers from Egypt had been suggested, on the ground
that the Hill Coolies had been the best emigrants
hitherto imported, and that the peasantry or fellahs of
Lower Egypt very much resemble them.
The second adjourned public meeting, on the state
of the Colony, took place on the 24th, when the High
Sheriff stated that the Committee appointed on a for-
mer occasion to draw up a petition to the Queen, had
unanimously agreed on the old one, purged of some
objectionable points, and of much extraneous and
useless may.er. The petition is not given in the
Royal Gazette, which is our authority for this report;
but it was unanimously adopted ; as also was the motion
of the Hon. Sir M. M. Turk, seconded by the Rev
Piercy Austin, that the same Committee should be a
standing Committee, for the purpose of framing an ad-
dress to the two Houses of Parliament, and an appeal
to the British nation on behalf of the colony.
We have received Pernambuco Papers to the sth of
November, bringing the Exchange on London 33 a 34.

Consols, which left off yesterday at 92 92i for the
Account, opened this morning at 911 92, with little
doing as yet ; Reduced, 90! Exchequer Bills, 3 1
dis. ; Bank Stock, 178 179.

In the Foreign Market Spanish still continues heavy,
closed at 2ai 24, receded to 23i 1 ; Portuguese con-
tinues at the closing prices, 331; Three per Cents.,
23i ; Brazilian, 71 72 ; Colombian at the closing prices
of 25i- a ; Mexican, 274 ; Dutch Two-and-a-Half per
Cents., 531 ; Five per Cents., 99} 100.

We have a report of an extensive failure of a house
at Leeds.
We have no account as yet of the arrival of tie
Lisbon mail.
PRICES OF STOCKS THIS DAY AT ONE O'CLOCK.
Bank Stock 1783 , India Stock
3 per Cent. Red. 90%4% Ditto Bonds
3 per Cent. Cons. - i South Sea Stock —
3 per Cent 23%11%5; ! Old Annuities
I)itto Red. — New Ditto
New 3% per Cent -- , 3 per Cent. Annuities. 1751
New 5 per Cent.
Bank Long Annuities toexpire Ditto 500 .... 2 4 oie.
Jan. 5, 1860 13 in—inFi. Ditto Small 1 3 die.
Oct. 10, 1850 13,4 11-16 Ditto Commercial —
Jan. 5, 1800 — Ditto Advertised .....
Jan. 5, 1850 Bank Stock for Account ...
April 5, 1880. lndia Stock for Account • .
Jan. 5.1870 --1 Consos for Account 91% lii Ti
RICES OF FOREIGN FUNDS THIS DAY AT ONE O,CLOCK
Austrian Bonds Peruvian Bonds
Belgian Bonds
Ditto Account
Brazi I ia n Bonds
Ditto Account
Ditto Accotmt
Chilian Bond i
Dtt3 .L:7,-.,;. nt
an t x 7.80 ids
Ditto I.zc-, ut
Portuguese Bonds .
Ditto New Bonds
71% 3'l
% 2 Ditto Accouir —
4.1
Buenos Ayres Bonds
Ditto, 3 per Cent........ r 3 "s
Ditto Account
, Prussian Bonds
—. Russian Bonds, 182'2
Ditto Account
n•: 31 3:: d5,1824...251 41 : i Spanish Bonds
:.:t.:l ,Itto.i it c 5 4% 5% Ditto Account ll I --..z:3-7
;ch 4 '
L: i
13%4i,
Zanisa Jet I i - Passive
Ditto Acta nt — "Deferred
Greek. Bonds — French, 5 per cent. lll f. 75c.
Ditto Bonds, 1825 *-- • ----- 4 per cent.
1
Ditto Account — ---- 3 per cent. —f. —e.
Mexican Bonds, 5 per Cent ---- Exchange.
Ditto Account —l Dutch, 2% per cent 5351%4'S
Ditto, 6 per Cent.
Ditto Account -,` Ditto, 5 per cent 149% Xi '76
Keapelitaii --! Ditto Acc0unt........ ......
PRICES OF SHARES THIS DAY AT ONE O'CLOCK.
Paid. Per Share,
Real dcl Monte Mining Co., Registered fill. 10s. 64.
Ditto Unregistered 6
Birmingham and Derby Railway Company
Brighton Railway
London and Blackwall Railway l5 1156
i , ndon and Birmingham Railway Company 9O 141
Danube and Mayne Company
COURSE OF EXCHANGE, YESTERDAY.
Amsterdam . CA.. 12 6% tiibraitar 46
Ditto, at sight ......... ...... 12 334 ) Leghorn 30 fi
Rotterdam °U. 12 7 I Genoa '2s iS
Antwerp._
12 6%i Mi1an...... "11
Hamburg...—. M.B.
1313
113%iN Naples
47
3 Altona4o
Paris, 3 days' sight 25 51 Palermo per oz. 122
Ditto... .. .. ........... 3 Ms. 25 75 Lisbon Si
Marseilles.
Bourtioaux
Frankfort on Maine, Ex.M. 151% Batik.
Fetersbutgh, ruble... 3 Us. 57 Buenos Ayres
Berlin
Vienna, effective 11...3 1,,1, 10 8 Philadelphia 4B
Prieste......ditto lO 9 PRICE OF BULLION, per OZ.
Madrid 36%, Portugal Gold, c0m.....t:0 0 0
Cadiz 36%, J Foreign Gold, in bars... 317 9
Bilboa .. .
Barcelona 16 New Dollars
Seville 16 Silver in Bars
HALF-PAST ONE.
Extract of a letter from Liverpool received this
morning :-
-- -- - -

" The Mary Queen of Scots has arrived to-day in
34 days from Pernambuco, when perfect tranquillity pre
vailed there, and the accounts from Maranham were
more favourable. The letters are to the sth of last
month. Trade was rather flat there, but the crops
were very abundant. Several British vessels had been
freighted to load at Paraiba and Conia. Another ves-
•el, the William Russell, sailed for Liverpool the same
day. The Rival took her departure this morning for
Rio Janeiro, and the Divan will follow in the course of
the week."

Rio Janeiro Papers have been received this mornirg
to the 13th October. Exchange on London 33i to
34, lower, but the stocks are higher, quoted at 75.
The bill brokers on 'Change yesterday afternoon were
rather taken by surprise on learning that the Bank had
discontinued drawing on Paris and Hamburg. This
had the effect of lowering the foreign exchanges.
The private letters from Hamburg state that money
was very easy there, at the rate of 6 per cent.

Consols done rather lower than in the early part of
morning, 9l for the Account ; Reduced, 904 ;
Exchequer Bills, 2 4 discount.; India Bonds, 6 discount ;
Bank Stock, 1784.
In the Foreign Market it is stated that there is a
very extensive account to settle in Colombian Bonds,
within these two days past, upwards of 100,000
of the above Stock has been thrown on the market.
Colombian 254 ; Spanish 234 4 ; Brazilian 714 72 ;
Portuguese 33 ; Three per Cents. 23 ; Dutch Two-
and-a-Half per Cents. 534 ; Five per Cents. 99k.
The British Queen was spoken with on the 17th ult.,
in long. 51, fourteen days out.
Accounts from Hobart Town state, from undoubted
authority, that information has reached the colony, ex-
pressive of the determination of Ministers to try the
social system of convict management, and that Norfolk
Island is to be selected for that purpose.
The packet ship from New York of the 19th No-
vomber, a new ship called the New York, has not yet
arrived, but may be daily expected.

EMBER 11, i 839

CHANCERY COURT.-(THIS DAY:)

MUSGROVE V. NEWTON.

The arguments in this case, which were part-heat:l
yesterday, occupied his Lordship the whole morning.
The principal question in the case was whether the de-
fendant was bound specifically to perform a contract
for the purchase of an estate from the plaintiff.

ROLLS' COURT.-(THIS DA r.)

FRANKS V. PRICE.

His Lordship the MASTER of the ROLLS was en-
gaged the whole of the day in hearing the further ar-
guments of counsel in this part-heard case.

COMMON PLEAS.-(THIS DAY.)

(Sittings at Guildhall, before Mr. Justice COLTMAN.)

WILKINSON V. CLARK.

This was an action for false imprisonment.
Mr. Sergeant Bornpas and Mr. James were for the
plaintiff, and Mr. C. Jones for the defendant.

It seemed that the parties had some dispute about a
bill, which plaintiff had agreed to get discounted for
defendant, who, not receiving as much as he thought
he should, waxed wroth, and gave pla;ntiff into custody,
from which however he was speedily discharged.
The Jury found for the plaintiff—Damages, 20s.
His Lordship refused to certify.