The Sun.
London, England, 1839-11-26 00:00:00

MONEY MiiRK.ET and CITY NEWS

(MONDAY EVENING,)
HERALD.—The general advices from our manu-
facturing districts are very far from being of a favour-
able nature ; indeed little else could have been antici-
pated, when the tenor of the late accounts from New
York arc taken into consideration. It appears that the
manufacturers, both in cotton and woollen trades, find
much difficulty in getting rid of their stocks in conse-
quence of the state of the discount markets ; and it
seems pretty evident that very few of the lats remit-
tances from the United States have been available to
the promotion of trade between the dealers in raw pro-
duce and the manufacturers, and also between the
manufacturers and the factors or foreign merchants.
The manufacturers, therefore, are perfectly hoodwinked
as to their future operations, and there is, of necessity,
some apprehension that in many instances they will
either stand still, or carry on their opertions on a very
limited extent.

The Corn Market has also been very flat to-day.
First-rate samples barely maintained the quotations of
the last week, whilst medium samples were unsaleable.
The accounts received to-day from Genoa sta.. e that a
great quantity of Odessa wheat was lying off that port,
awaiting orders for this market ; but as wheat is there
worth about 455. sterling per quarter, freights about Bs.
a 10s. per quarter, with the duty here of 20s. Bd. per
quarter, it cannot be imported to pay, especially whilst
the monied interests are chary of discounting the first-
rate mercantile paper at 6 per cent.
There has been no pressure for money on the English
Stock Exchange, but the market for British Stocks has
been dull all day and left off heavily.
It has been rumoured at Lloyd's, this afternoon, that
the Gazette of to-morrow evening will announce in-
structions for the blockade of the Chinese seas. On
strict inquiry we do not discover any confirmation of the
report.

TIMES.—Money continues greatly in demand, and
much inconvenience is experienced out of doors from
the difficulty of procuring accommodation in the way of
discounts. The English stock market has been heavy
all day, and i❑ Consols and Exchequer bills a slight de-
cline occurred.

The Peninsular stocks are again lower, from the
tenor of the intelligence made public this morning, of
the dissolution of the Cortes so lately convened.
The railway market continues extremely depressed.

SUN—Th• funds closed heavily. Consols for money
at 90i I, and for Wednesday (settling day), the same.
Exchequer Bills left off at ss. discount, India Bonds at
4s. discount, and Bank Stock at 178.
The sudden dissolution of the Cortes at Madrid has
occasioned a very heavy market for Spanish Stock, the
Active Bonds having further declined this afternoon to
24-1 1, and the Passives to 6i. This is a reduction of
nearly one per cent. as compared with Saturday. Por-
tuguese New Five per Cents. receded to 31i, and the
Three per Cents. to 22. Colombian closed at 394,

and Mexican at 29!.
The Share Market was heavy. The Brighton
realised 15 discount, the Birmingham 51 premium, and
the North Midland Si discount. National Bank of
Ireland shares rose to premium.
We had no arrivals this afternoon.

Earl Howe left town on Saturday, by the evening
railway train, for Belvoir Castle.

FEMALE COURAGE.—A little before twelve
o'clock on Friday night last, the grate was forced
and the cellar of the house occupied by Mr. Hill in
this town was entered. At the same moment, or imme-
diately after, Mr. A. Hill, hair-dresser, Bridlesmithgate,
wha lodges with his father, happened to go home, and
on opening the back door, which was fastened with a
French latch, with his key, he found the family had re-
tired to bed. He instantly proceeded to the top of the
cellar steps to find a match to light, when he overheard
a noise in the cellar ; suspecting all was not right, he
closed the back door carefully, went to the cellar grate
outside the house, and discovered it had been forced ;
he placed himself as sentinel and called " watch ;" his
eldest sister, who was in bed, hearing a disturbance, but
not aware that it was her brother calling out, instantly
jumped up, ran down stairs, and, to her surprise, saw a
strange man standing in the house ; she repeated several
times, who is it, who is it ? not receiving any answer,
she concluded it was a thief, and though in her night dress
only, and without a light, she courageously dashed for-
ward and seized the fellow by the collar. A violent
struggle ensued, but Miss Hill, who is stout, kept firm
hold ; the thief, however, though closely pinned, con-
triNed to open the back door, and had actually dragged
Miss H. into the yard, when her brother Anthony came
up, and the villain was secured.--Vollinghain Review.
Here are three of the latest Plumpers. Their
origin bespeaks their falsehood :—ANOTHER CONVER-
SION.—On the authority of the Dublin Statesman of
last Friday, we announce to our readers that Mr. Shar-
man Crawford, long known as an impracticable Radical
of extreme opinions, has seen the error of his ways, and
like many other honest men, has left the movement
crew, and avowed himself a Conservative. As a proof
of the sincerity of Mr. Crawford's happy change, it is
further stated that he has requested an influential gen-
tleman, connected with the Metropolitan Conservative
Society, to propose him as a candidate for admission
into that constitutional body.—Liverpool 214-ail. Lord
Clarendon is returning to Spain,
and has positively de-
clined to join Lord Melbourne's administration.--Dub-
fin Mail. The Marquis Wellesley has withdrawn his
proxy from Lord Melbourne, lamenting that has
lived to see a great and a powerful party destroyed by
its association with Radicalism.—Dublin Mail.

The Stayordshire Examiner contains a copy of
a citation for a Churchwarden to appear before the
Ecclesiastical Court at Lichfield, for having caused
the bells of the parish church of Darlaston to be
rung, according to custom, contrary to the wishes
of the Rector. Part of the citation runs thus :
" To all and singular clerks and literate persons whomso-
ever, greeting, we require you to cite or cause to be cited
Ephraim Hurepage, one of the churchwadens of the parish
and parish church of Darlaston, in the county of Stafford
and diocese of Lichfield, peremptorily to appear person-
ally before us, our surrogate, or other competent jadge in
this behalf, in the Lord Bishop's Consistory Court in the
Cathedral Church of Lichfield and place of indicature,
there, on Tuesday, the 26th day of November instant, at
the usual and accustomed time of hearing causes, then
and there to answer certain articles or interrogatories to
be then and there exhibited and objected against him,
concerning his soul's health and the reformation of his
manners and excesses; and especially for ringing, or
causing to be rung, the bells of the parish church of Dar.
laston aforesaid, in direct opposition to the wishes and
command of the Reverend Robert Wood Kyle, the Rector
of the said rectory and parish church of Darlaston," &c.
Here it is set forth that the health of this man's
soul and the reformation of his manners are involved
in causing a bell to be rung against the will of the
Rector. The priesthood tell him, and audaciously
tell the public, that his and their salvation may be
endangered by opposing the said priesthood, even
on such a trifling matter as ringing bells. The
Rector complains of the Churchwarden on spiritual
grounds ; on spiritual grounds the Vicar-General and
official principal of the Bishop, who fills the see by
Divine permission, cites the Churchwarden ; and on
spiritual grounds, namely, his soul's health being en-
dangered by causing a bell to be rung, the Eccle-
siastical Court will proceed to sentence the Church-
warden to fine and imprisonment. This solemn
mockery of law, justice, and religion, all in one—.
this impious usurpation by the priesthood,
when they dare to tell the people that their souls
are perilled by ringing a, dell contrary to the priest's
wishes, is not Roi:iian Catholicism, but Protest-
antism,ism
forC h ur,ill of Englandism. It is that pe-
culiarbehoof of which the priesthood and
the priest-.ridden press, the Times, Post, Standard,
Herald, and all the associated servants of the bigots,
are willing to peril the peace of the empire. To
give preponderance to the ism which consists in
declaring by the most solemn language, and in the
most solemn form, that the health of man's soul
is endangered by allowing a bell to be rung, the
n o tk
priesthoodeep
the,
eprno e
cor ay t h so
u; t
perjury a f'd
uwry when;
dopoeionp emedno
to oppression, and when they try to shake
it off, cry out rebellion ; denounce liberty,
and when we struggle to bt., free roar out that re-
ligion, or their ism, is in danger. Such a picture

It is known to everybody that the Bishop of
EXETER signalized himself above all his brethren
on the bench by the persevering inveteracy of his
opposition to the Ministerial plan of education,
when that plan was under discussion in the House
of Lords. Before the Session closed he started off
to his diocese, charged to the muzzle with the sharp
shot of his own evil passions, which he let fly in
all directions against the QUEEN'S Ministers, and
their system of education, both of which he mis-
represented after his own peculiar fashion.
When he had finished this peripatetic undertaking,
and done the work of prejudicing the minds of the
clergy, as he thought effectually, by his distortions of
fact and misrepresentation of intention, he bethought
him, that as the Church was suffering in public
estimation for its opposition to the instruction of
the people, it would be a good thing if he could
contrive to back out of his, till then, uniformly hos-
tile position with respect to that question. With
this view he draws Lord JOHN RUSSELL into a
correspondence on the subject, pretends that he has
misunderstood the whole plan, and ends with de-
claring himself completely at one with Ministers
as to the principles on which they had proceeded I
We do not recollect a grosser instance of tergiver-
sation in the whole history of backsliding.
But this is not the worst of it. It might have
been supposed that a holy Bishop, after he had
discovered his error, would have taken every means
in
clergy,
his powernofit toh undoa
had produced lro
dt he e
ue
edffeocnt s which h
the minds
ndis popsorf
the -
, and of others, who, through the press, had
been deceived by their reliance on so high an autho-
rity. Had the Bishop of EXZTEn been really fa-
vourable to the cause of popular education, this is
the course which he would have pursued. But he
is
iitsiabrgeitte”rest enemy, and therefore he did what he
could to injure it. He actually published the
Charge" with
when
alliefirst
deliveredm rep r es!l
tnltaAti misrepresentations
what l
s wiich
rea-
son does he assign for this flagrant departure fromt contained
ail that is honest and honourable among men ?
There would, forsooth, have been an awkward dis-
crepancy between the delivered anti the printed
charge ! as if a single sentence of explanation
would not have set the matter to rights.
As samples of the manner in which this pious
hierarch twists and Misrepresents the sentiments of
other men to suit his own ends, it is sufficient to
notice the instances pointed out by the Marquis of
LA NSDOWNE in the letter in which he administers
to him so temperate, so dignified, and yet so se-
vere a rebuke. It was the Bishop's object to show
that Ministers had laid themselves open to the im-
putation of teaching infidelity. He therefore lays

" It is not designed that this measure shall affect un-
favourably the rates for exchange for bills upon the
Atlantic cities. On the contrary, the banks will en-
deavour to afford reasonable facilities for converting the
currency, and to promote, by all the means in their
power, the purchase and shipment of the surplus pro-
duce of the country."
The subject of bank reform is engrossing the atten-
tion of the Vermont Legislature ; and the House of
Representatives, it seems, has at length settled the
main new principles upon which it will grant bank
charters, viz. :
" Ist. Security, on bond or mortgage, by stockholders
to twice the amount of their stock : a proposition made
by the majority of the Committee, and adopted by a
nearly unanimous vote.
" 2d. Requiring one half of the capital stock, in gold

and silver, to be paid in before going into operation,
and not to be withdrawn propositi:a; originating with
iirY minority of the Committee, they having proposed
that the thole stock be paid in, which was reduced to
one
„half, and adopted almost unanimously."
Ihe New Orleans Louisiana of the 28th ult. says,
that " the suspension of most of the banks south of
New York has not yet had any material effect on the
exchange, from the feeling entertained by our business
rtio,4 that if New York can weather the storm, as they
firmly believe she will, the vessel of commerce will
right of herself. The following quotations will verify
this inference :—Draughts at from sight to five days'
sight on New York can be had at 1 f to 2 per cent.
premium, while bills at 60 days' sight are plenty and
difficult of negotiation at 11 per cent. discount. On
London some small amounts have been passed at 11 per
cent. premium, or 4 dol. 93c. ; but large transactions,
we believe, could not be made at over 10 per cent. pre-
mium, or 4 dol. 89c, On France bills are plenty,
based on cotton shipments, at sf. 20e. specie does
not rule higher than 5 per cent. premium, with no de-
mand whatever except for the Post-office and the Cus-
tom-house ; and as these mediums neither lock it up nor
carry it out of the country, it immediately returns again
into circulation by the Government payments, and no-
thing can be apprehended on that score."
The Charleston Courier of the 2d inst. states, " that
both foreign and domestic exchange continue unsettled.
We quote bills on England nominal at 9 to 11 per cent.
prem. ; on France, sf. 15c. to sf. 25c. per dollar. The
brokers are buying up specie at 4 per cent."
The Mobile Price Current of the 26th ult. says—
" Negociations in the money market and exchanges are
entirely suspended. The stock banks of this city still
continue specie paying, but their circulation is so limited
as to occasion no pressure upon them. The condition
of all is so perfectly healthy, and public confidence in
them so strong, that they would be sustained by pub-
lic opinion in suspending and extending their discount
lines. As near as we learn, the Branch Bank has
800,000 dollars in specie, with a circulation of
1,000,000 dollars. The two stock banks, Mobile
Bank, and Planters' and Merchants', have each about
250,000 dollars in specie, with a mere nominal circu-
lation.
WASHINGTON, BANN OT MIAMIIIIHIRGH, OHIO.--
The Beata Commercial Advertiser states, " that a writ
of quo war; anto has been granted against this concern.
It is well for the public that it is so, that they may
know on what ground it issues bills. Some thousands
are already in circulation, and much of it, too, in this
vicinity. It is unsaleable at the brokers', and is akin to
fraud, being nothing more or less than a library asso-
ciation."
A general resumption of specie payments by the
banks of Tennessee is confidently spoken of by the
Papers of that State of both political parties.