The Sun.
London, England, 1839-10-19 00:00:00

for Account. Exchequer Bills closed at 4s. to 2s. dis.
and Bank Stock at 178 to 9.
In the foreign house Five per Cent. Dutch Stock
was quoted 1004 to -a, Two-and-a-Half per Cent, ditto
524 to 3, Five per Cent. Portuguese 33i to 6, A, tive
Spanish with the coupons, 30i1; to i, Colombian 3_l to
and Mexican 31f to 2.
The Share Market was almost entirely neglected.
Scarcely half a dozon of the numerous schemes con-
tained in the daily list of prices obtained a quotation,
and it seems difficult to understand from what source
the necessary funds are acquired for carrying on the
various joint-stock undertakings now in progress. The
calls made by the different Companies may, in all proba-
bility, account in a very great degree for the embar-
rassed state of the Money Market. Great Western
Railway (new shares) were done at a dis. to par,
London and Brighton at 13* to 13 dis., London and
Blackwall at 2 to If dis., and Loudon and Birming-
ham at 50 to 1 prem. per share. British and North
American Bank left off at If to f dis. per share.
We have no amendment to notice in the conti-
nental exchanges. The quotations are still droop-
ing, and, but for the support given to the market
by the house of Baring, Brothers, and Co., who are
believed to be acting for the Bank of England, it is
riot too much to suppose that they could not be
maintained at anything like their recent elevation.
It is a question not very easy of solution, how it is
that a balance of trade should still be in operation
against us. The payments made and making, for
foreign grain, are, it is to be presumed, much more
considerable than the public are aware of ; and the ex-
portation of our manufactures are still so inconsiderable
as to be hardly worthy of being taken into account at
all, as a medium of exchange. Last year we shipped
nothing to the corn-growing districts of the Continent.
This year there is the same absence of orders, and we
suppose it may now be fairly understood that this
branch of our export trade has all but ceased. Bills on
Paris were quoted (three mouths) 23 62,k to 65 ;,Ham-
burg, 13 10f to 10 ; Amsterdam, 12 41 to 4 ; Ant-
werp, 12 3f ; and Frankfort, 150/. There were hardly
any bills offering ; and we understand that something
was done on Amsterdam as low as 12 3/ at three
months' date.

Letters have been received from Guayaquil, by the
way of Panama, to the 11th of August. Everything
was then quiet in that direction. A treaty of com-
merce had been concluded between Mr. Cope, on the
part of the British Government, and the authorities of
the Republic of Equator. Peru was equally free from po-
litical agitation, and it was thought that a state of re-
pose might be safely calculated upon for at least a
twelvemonth to come.

We hear that a fast-sailing vessel, of between three
and four hundred tons burden, named the Mor, is about
to be sent to Canton with orders from the British Go-
vernment in relation to the misunderstandings which
have sprung up between the Chinese authorities and
Captain Elliott. It seems to be understood that Lord
Palmerston so far supports the views of the latter
(Elliott) as to have expressed a very distinct wish that
no further dealings should take place between the two
nations, otherwise than upon the most clearly defined
principles. The Chinese are so little to be found fault
with in the stand they have taken against the contra-
band traffic in opium that concession on their part is
not to be expected, and the trade are consequently pre-
pared for a continuance of the existing difficulty and sus-
pension of all intercourse for several months to come.
The Mor, a beautiful little ship, built by Messrs.
Wigram and Co., goes armed with eight 12-pounders
and two long sixes, besides which she has an ample
supply of small arms, manacles, &c., on board in
case of need. She will be the bearer of some private
letters, and a few articles of merchandise to serve
as ballast. She leaves Plymouth immediately. Some
interest was excited in the City this morning by the re-
port of Captain Jackson, of the ship Premier, just
arrived off the Isle of Wight. It appears that on the
3d ult., on his voyage from Bengal, Captain Jackson
spoke the Panama, off St. Helena, and was informed
by the commander that, upon the departure of that
vessel from Canton for New York, all British ships,
except the Anne Jane, had left Whampoa laden for
England. He reported further that the British resi-
dents were all at Macao, and that the merchants had
refused to take upon themselves the management of
ships consigned to them if they attempted to pass the
Bogue, or in any way contravened the orders of the
Superintendent. The Belhaven would have proceeded
up the river but for this interdiction, so that Captain
Elliott's arrangements would seem to have been per-
severed in up to the above date.

CHRONICLE.—The Consol Market was in an un-
settled state to-day. In the early part the Market
looked firm, but subsequently, without any sales of mo-
ment having taken place, showed weakness, and the
prices closed lower than on Thursday. We noticed
yesterday that the Bank of England bad discounted
some bills drawn by country banks of issue on London
bankers which had been sent in by the holders; we have
now to mention that the Bank has acted precisely in
the reverse way to-day, having returned similar bills, to
some amount, to the parties by whom they had been
presented.
In the Foreign Securities some considerable sales
took place in Peninsular Bonds, which, with the de-
pressed state of the English Funds, caused a decline in
most of the other Securities in which business has been
doing. Dutch Stock appears to be still pressing on the
market, which we believe to be caused principally by
large sales made in Holland for English account,
assisted, perhaps, by the rumours which are abroad that
the Dutch Government may be obliged to have recourse
to a loan, should the Belgians not be soon enabled to
pay the first instalments of their debt now over due.
At the Corn Exchange, the market in wheat and oats
was decidedly firm to-day at last Monday's prices, and
some large sales were made in the latter. A private
letter, which we have just seen, from an extensive agri-
culturist well acquainted with the counties of Glouces-
ter, Worcester, and Hereford, states that the yield
of wheat will not be so good as last year, and that the
extra land planted, though very considerable, will not
make up the deficiency. The rainy weather had not
done much damage to the wheat crops in those counties,
but the spring crops had suffered considerably by it.
Most of the wheat had been harvested only in middling
condition, so that it would require a longer time in the
stack than usual.
____

HERALD.—Money continues in severe demand for
commercial purposes, and, according to circumstances,
it rules between the bankers and their customers at
from 6 a 8 per cent. on discounts.
There has been but little business doing in the Con-
tinental Exchanges to-day ; they remain but merely
stationary.
By the official returns it appears that the actual ex-
ports of bullion from the 10th to the 16th of October
were—of silver coin, 140,825 oz. ; of gold coin, 2,733
oz. ; and of gold in bars, 3,730 oz. It would thus ap-
pear that the principal exports are, for the most part,
confined to British Colonies.