The Sun.
London, England, 1839-10-09 00:00:00

FA SUN, LONDON,

brief. On this being mentioned the Marquis of Tweeddale I
begged a hearing for a Mr. Hay to acknowledge the " Te-
nantry," but this had only the effect of making " con-
fusion
worse confounded." The Noble Chairman again
interfered, and, after another exhortation, quiet was
nearly restored, and Mr. Hay acknowledged the toast
in a very graphic manner. There were still fifteen toasts
on the list, most of which were got through with consi-
derable difficulty, relieved by a few humourous songs.
The uproar, however, was not at all ill-natured, but
seemed to proceed from a disposition to have nothing
more to do with speeches, but rather to have some good
fun amongst themselves over the bottle, and a mutual
crack. The pavilion. also, was too large to be properly
heard in, and the whisky-punch, it must be acknow-
leged, had begun to tell in several corners. The great
cause, however, of all the interruption was the growing
evil of long speeches—a malady which seemed to attach
to three-fourths of the speakers at this meeting.
As a finale to the whole, a ball was to be given in the
Assembly Rooms yesterday evening which was expected
to be numerously and respectably attended.

MONEY MARKET and CITY NEWS.

(TUESDAY EVENING.)
POST.—There was not much doing at the Stock
Exchange to-day, but the quotations generally were a
shade better at the close of business than they were
yesterday.
The Foreign Exchanges have improved this after-
noon, and money may be said to continue comparatively
easy. The public must not, however, calculate with
too much confidence on any immediate change for the
better. Great caution on the part of the commercial
interest is, indeed, necessary, as the Bank of England
will, it is evident, have to regulate, if not absolutely
govern, the discount market for some time to come.
The momentary relief which now prevails may be
thought to warrant a renewal of speculative operations,
not in produce alone, which is again commanding a good
deal of attention, but in securities of a questionable,
and even of a worthless description also. The amount of
Foreign Stocks, which already press so heavily on the
Money Market of England is scarcely to be estimated
with any degree of certainty. The general idea is, that the
aggregate of American securities of various kinds held
by British capitalists cannot be far short of 30 millions
sterling. The Dutch interests are also extensive ; and,
when the additional weight of foreign produce is con-
sidered, for the importations have proved very large of
late, it is not unreasonable to suppose that the Bank
Directors may be compelled so far to restrict their issues
of notes as to throw back upon the borrowing States a
considerable proportion of the bonds with which they
have encumbered us. We should not, in fact, be greatly
surprised to find, notwithstanding the present tranquil
state of the Money Market and the increased facilities
afforded in the way of accommodation, that further steps
may presently be taken, in order to check that mis-
chievous spirit of adventure which is again manifesting
itself in the various branches of business. Bills at three
months' date on Paris were negotiated at 25 65 to 674;
Amsterdam, 12 4to ; Antwerp, 12 34 to ; Ham-
burg, 13 101 to ; Frankfort, 1501 to -;f, ; and Cadiz
at 37.

The Dutch papers notice a material decline in the
rates of interest and discount in the Amsterdam market.
Loans, on the deposit of stock, were making at 41
to j per cent., while for the discount of good commer-
cial paper the lower charge of 5 per cent. per annum
only was demanded. The breaking off of the recent
negotiations between Messrs. Hope and Co. and Mr.
Jaudon is doubtless the cause of this change ; and if,
as we have understood, the parties are again in treaty
for the supply of a sum of money on account of the
United States Bank, the late advanced rates of 7 per
cent. and upwards will in all likelihood be revived.
These precautionary measures on the part of the Dutch
banking interest seem to us to be especially worthy of
attention and imitation.

We hear that the Bank of England are receiving
some amount of gold from Paris, the present improved
course of exchange being sufficiently favourable for such
operations.

TIMES.—Some arrangement is said to be in pro-
gress by which the stock of the loan contracted for by
the United States Bank with the State of Pennsylvania
is to be brought in aid of the available assets of the
Bank, so far as to make that stock a security for money
to be borrowed here to meet the accruing engagements.
But some difficulty is anticipated in making the stock
an acceptable tender for such a purpose, as the State
itself has invited offers for this loaf for some time past,
without bringing forward a single bidder, and it has not,
therefore, the character it possessed some time back.
Mr. Jaudon, it is affirmed, has been enabled to provide
funds in Paris to meet the whole, or nearly so, of the bills
to which Messrs. Hottinguer and Co. refused acceptance,
and which were afterwards taken up by Messrs. Roths-
child. There is a belief current that he meditates putting
an end to the agency in London, as soon as he can place
the affairs of the Bank in any degree of order, and re-
turning to Philadelphia. Nothing would do him or
his employers more good with the monied interest
here than the knowledge that any London-hoCise of
character had consented to supply his place in the
agency.
By the advices from Hamburg, the price of gold
is 432 per mark, which, at the English Mint price
of 31. 17s. 10}d. the ounce for standard gold, gives
an exchange of 13. Bi, and the exchange at Ham-
burg on Londnn at short being 13. 5, it follows
that gold is 1, 64 per cent, dearer at Hamburg than
in London.

The premium on gold at Paris is 81 per mille,
which, at the English Mint price of 3/. 17s. 10id. the
ounce for standard gold, gives an exchange of 25. 36/.
and the exchange at Paris on London at short being
25.32}, it follows that gold is 0.16 per cent. dearer at
Paris than in London.
The course of exchange at New York on London
is 110 per cent., and the par of exchange between
England and America being 109 23.40 per cent., it
follows that the exchange is 0.47 per cent. in favour of
England.
Money has been unusually easy on the Stock-
Exchange to-day, and an impression exists in some
quarters that it has been made so by advances rather
abundantly supplied on stocks and securities generally
by parties out of the house, who have. an object to
serve in creating greater facilities out of doors in
the discount-market. It may be remarked as singular,
that whilst money accommodation has been so diffi-
cult here, and the rates so high, it has, on the con-
trary, been remarkably easy on the Paris Stock Ex-
change, where, even on foreign securities, it may be had
at about 3i per cent. The English stock-market has
been quiet all day, with a shade of improvement in
Consols.

CHRONICLE.—The exportation of the precious
metals from the port of London for the week ending
on Saturday last consisted, according to the official re-
turns, of 4,450 ounces of gold bars only, which were
shipped for Hamburg.
The joint-stock banks of issue have been much dis-
pleased at the conduct pursued by the Bank of Eselend
in refusing to discount paper bearing their endorsement,
or drawn by them on London bankers. We have seen
a letter written by "a large Shareholder in Joint-stock
Banks," copies of which are goir', round to the mana-
gers of those establishments in England and Wales,
calling upon them to make a general exertion with the
view of inducing the Bank to rescind the resolutions so
prejudicial to their interests, or to refuse discount to
the indorsement of all banks of issue, private as well as
joint.stock ; and in the event of these proposals being
rejec, ed, to have recourse to certain retaliatory measures.

We of course are not called on to decide between
rival institutions ; and as we have often blamed the
Bank of England for not contracting its issues, we
cannot with propriety blame that corporation, which is
bound to maintain the currency at its due value, for
taking such measures as it may deem necessary for that
purpose. It would be unfair to blow hot and cold on
the Bank at the same time. Were the Bank to shut
up shop, and say, "We have no more gold, and we
must be protected from cash payments," then, indeed,
we should be justified in holding up its conduct to
public reprobation.

There is a decrease in the last week's bills of
mortality, as compared with the former, of 23 ; of the
whole number 46 are returned as from " unknown
causes."

NEWCASTLE-ON-TYNE, OCT. s.—The wea-
ther, with the exception of yesterday, which was a
thorough wet day, has been upon the whole favour-
able for securing the crops in this district, still a con-
siderable portion of wheat, barley, and oats, is yet in the
fields, whilst of beans little has been cut yet ; under
such circumstances it is only natural to presume, that
what grain is now exposed must be won in very indif-
ferent condition, and that fine old corn will maintain a
higher relative value shortly. We had a pretty large
supply of wheat from the growers this morning, the chief
part of which consisted of the new crop. The condition
was very various, and it sold at all prices between 445.
and 665. per quarter. Old was held very firmly, as were
also fine dry new south country qualities, but from the
circumstance of the factors refusing to comply with the
terms offered, a very limited business was done. So
little has been done in flour this week that our quota-
tions may be considered nominal, but as the millers in-
tend keeping up the price to .535., we do not alter our
quotations. Rye still continues to attract speculative at-
tention, and some further sales have been made at last
week's prices. In malting barley scarcely any thing has
been done here yet, but we have a demand westward at
445. to 465, per quarter for the choicest descriptions of
Chevalier. Prime season-made malt sells freely at 705.,
but beyond that the sale is extremely slow. Beans and
pease are rather dearer, and the former article seems to
be attracting more attention. The supply of oats from
the neighbourhood consisted chiefly of the new crop, but
from their condition being so bad 255. to 265. could not
be exceeded for potatoe sorts. Old from this cause met
increased inquiry and were the turn dearer. The duty
on wheat is 45., and on rye Is. 6d. per quarter higher,
whilst cats and beans have severally declined Is. 6d. per
quarter.
DEATH OF A FEMALE MISER.—On Satur-
day an inquest was held on the body of Miss Anne
Vaughan, a maiden female, sixty-three years of age, who
was of most penurious habits, and for years lived at No.
1, Orange-court, Rose•street, Soho-square. The de-
ceased and her brother, whose appearance at the in-
quest denoted that for weeks a razor, soap, water, or a
towel had not touched his skin, were most eccentric in
their manners, and were but seldom seen by their
neighbours. The jury on entering the front parlour
found it in a most deplorable state of dirt and filth, the
stench being almost intolerable. On the floor there
lay the body of the deceased, quite cold and stiff, with
the legs bent underneath it. A chair was standing close
by, from off which it is supposed the deceased must have
fallen- There was no mark of violence on the body,
and there is no doubt she died a natural death. The
house, the stairs of which were handsomely carpeted,
was throughout in a most filthy condition. The Jury,
in the absence of more direct testimony as to the cause
of the deceased's death, returned a verdict of " Found
dead, but under what circumstances there is no evi-
dence to show."