The Sun.
London, England, 1839-12-04 00:00:00

,VENINO EDITION.

MONEY ill A.RKET and CITY NEWS,

(TUESDAY EVENING.)
POST.—Things were again extremely p issive to-
day in this part of the metropolis.
S ,ro,Flaing has been sai . during the last day or two
of ratifier an extensive :orrery having been committed.
e-,se is understood to be this :—A foreign gentle-
man (a Russian) having occasion to travel, left a sum
of about 40,0001., 3:1, per cent. stock, in the hands of
trustees, with a power to receive thee dividends during
tl e period of his abser:ce. The signature of the pro-
prietor was necessary, in order to effect the transfer of
the stock at the Bank of England. This is reported
to have been forged by the trustees alluded to, and
the who!e of the proceeds appropriated to a dishonest
purpose.
Mr. Jaudon has received by the Great Western
steamer a bill of lading for five kegs of gold coin,
amounting to 120,000/. in sovereigns, which would be
forwarded to Europe by one of the first sailing packets
leaving the United States.
A project has been sent out by some of the leading
American firms, recommending for the consideration of
the Washington Government, the amalgamation of all
the State Stocks into one interest, and the sanction of
the same by the general Legislature. The land sales
may, it is considered, be properly applied to the liqui-
dation of the joint-debt, now that the old Government
loans have all been paid off. The scheme, though well
backed, is not thought likely to be favourably received
at head-quarters.

HERALD.—The market for commercial discounts
continues much the same as when we referred to the
subject last, first-rate paper being discounted easily at
6pe cent. per annum.
There has not been a very great deal of business in
the continental exchanges this afternoon. On Paris
they are quoted slightly better, being 25f. 62ic. a 674 c. ;
on Amsterdam and Rotterdam they are 12 4 for money,
and Antwerp 12 31. Tne quotations upon Hamburg
and Frankfort are a shade lower, these may be some-
what influenced by the large exports of silver for Ham-
burg within this day or two. On Hamburg the quota-
tio.i is 13 91 a 10, and on Frankfort 150/ a i.
Without the appearance of any speculation the Bri-
tish Funds have generally improved in the quotations
since the closing hours yesterday.
As usual, of late, the greater portion of the specula-
tion on the Foreign Market to-day has centred in the
Portuguese and Spanish Bonds.
A very curious uraour has been in current circula-
tion yesterday and to day upon the Stock Exchange,
that a most extensive fraud or breach of trust has been
committed at the Bank of England by some parties,
acting as trustees, selling out stock uniier their trust.
It is stated that a Russian merchant, who travels at
intervals for a considerable time without returning to
England, some time since, previous to leaving this
country for an intended very long voyage, placed a
large sum of money in the Three and-a-Half per Cent.
Annuities in the names of three certain parties, as his
trustees, for security. On his return, a short time
since, he discovered that 40,0001. Stock had been sold
out in his absence by the parties, who now are not to
be found. The owner's name must have been forged
it is also supposed. These are all the facts that have
transpired on this subject ; but the rumour has created
some stir in the locality of Capel-court.

SUN.—The Foreign Exchanges were very steady
this afternoon, at the following rates :—Paris closed at
25 62} to 25 67} ; Amsterdam, 12 4 ; Antwerp, 12
; Hamburg, 13 9/ to 13 10 ; and Frankfort 1501 i.
In commercial matters we have little of interest to
notice, the Tea Sales excepted. Up to this evening
17.300 packages have passed, of which 16,590 packages
have been sold, and at prices from Id. to lid. per lb.
higher than yesterday. East India Congous have
fetched 2s. Bfd. per lb., three months' prompt in Bond.
The public sales of Sugar and Coffee announced for
this day were postponed in consequence of the den-
sity of the fog, which prevented the inspection of the
samples.
There were but slight variations in the Money Mar-
ket his afternoon. Consols left off at 911 for the Ac-
count ; Exchequer Bills at 2 discount ; India Bonds at
9 discount, and Bank,Stock at a fall from 179 to 178.
EAst India Stock has advanced to 253.

- Spanish Stock has been sold currently this afternoon
at 25-a, and French Five per Cents. at an advance to
311 f. 50c. Chilian Stock for the Account is quoted
at an improvement to 40. Dutch Stock closed heavily,
the Two-and-a-Half per Cents. at 52i.
The Great Western Railway Shares rose this after-
noon from 11 to 1,0 discount, and London and Birming-
ham Shares from 51 to 52 prem., and North Midland
to 8 discount per share.

HORACE VERNET AND MEHE

MEI ALI.

Extract of a lettsr from the celebrated painter Ho-
race Vernet, dated Alexandria, Nov. 6, 1839 :
" On the 4th instant, at eight in the morning, our
vessel anchored in the middle of the fleet. The Com-
mandant conducted us ashore with the Prince of Wir-
temberg, whom Count de Medem came and fetched
with his carriage.
" Our first day was employed in visiting the monu-
ments, the second in inspecting the fleet and arsenal.
The Turco-Egyptian squadron is magnificent, consist-
ing of .52 large ships of war. We went on board the
Turkish and Egyptian Admirals' ships to judge of the
difference, which proved wholly favourable to the latter.
This morning we were presented to the Pacha. We
were introduced into the audience-ball, where the only
piece of furniture is a divan, whereupon he sat on his
heels. The Consul detailed our names and professions,
when the Pacha made us sit down by him, graciously
saluting us. We then took coffee, and the conversa-
tion began, by the medium of his interpreter, who, at
the same time he spoke to him, drove the flies away.
The interview lasted above an hour. His Highness
gave me the most, flattering reception, and asked me for
'a picture of the battle of Nczib. I have received
from him the promise, not only of all the firmans neces-
sary to ensure my safety on the road, but likewise the
offer of private letters for the Pachas, with orders to
place troops at my disposal in order that I may se-
curely explore all the parts I wish to visit.
" Mehemet Ali is short ; his beard is white, his
complexion brown, his skin tanned, his eye lively, his
..-tuvements prompt, his speech brief, his look witty, and
very malicious. He laughs outright when be has ut-
tered ?nine sarcasm, an amusement he frequently in-
dul,::ed in our pre=ence whene‘ er the conversation turned
upon politics. However, everytling seems settled, and
it is considered litre positive that France will uphold
the independence of Egy pt.
"We hive viited the whole palace. It is a grand
[tat: an villa, wherein French taste would find much to
critic'sse. The most curious apartment is the Paella's
bedchamber. It is a drawing-room of the same descrip-
tion as ir,ose of our Paris houses. In the middle
of it is spread on the ground a large piece of woollen
:tuff with long white hairs, which gives it the ap-
pt..avance of several sheep fleeces put together. Upon
that ~tuff is a large mattress covered with silk wrought
with goitl, Ike the Levant sashes. The bed is sur-
rounded by an anipl, square mousquilaire, which is in
gaeze, and ornamented with a broad pink ribbon. At
iii,2:l.t this ily-guard is not entirely closed, nod two men
arc stationed on eaell side to expel the flies.
" We ar' busy digur.freotypising, and expect to send
you an interesting etetcoi ion of draviiogs from Cairo as
I.ttle i. to be obtaiaed lucre. To•morrow we are to
make experiments b,' fare the Podia, who is very anxious
to appreciate the results of a discovery with the de-
seti,Hon of '.,iiieli strung he is as yet acquainted. We
quir A‘crandria after to-morrow for Cairo, whence we
so.i:l proceed through the Desert."