The Sun.
London, England, 1837-05-03 00:00:00

THE FUNDS.-(THIS DAY.)

CITY, Tit' EL FE O'CLOCK.
Our arrivals this morning are the French mails, and ship
letters from China, Montevideo, St. Thort.as's, and Deme-
rara ; Sydney, 10th Dec., Calcutta, 24th Dec., Madras,
sth January.
We extract the following from the Sydney papers received
to the 16th Dec.:—

" A blightening and destructive frost has destroyed all the
bright prospects of the farmers. One night effected irrepa-
rable mischief. Thousands of acres of wheat were utterly
destroyed ; gardens, orchards, and vineyards were found in a
condition past all hope ; and, as a consequence, all supplies
for the ensuing season must be drawn from Sydney.
" The land sale of the 14th inst. will, it is said, be ono of
the heaviest that has taken place. There are upwards of one
hundred and fifteen thousand acres advertised ; besides sixty-
three town allotments, the upset price of which is about
thirty thousand pounds."
The Launceston Price Current of November 16, states
wheat, 4s. 9d. to ss. 4d. per bushel; oats 4s. 6d. to 55.;
barley, ss. to Gs. ; flour, 255. to 275. per 100 lb. ; hay, 71.
to Si. per ton ; straw, 20s. to 215.; bread, 9d. per 41b. loaf ;
beef, 7d. to Bd. a lb.; veal, Bd. to 9d.; mutton, 6d. to 7d.;
pork, 9d. to 11d.; fine flour, 165.; second, 10s.; ration, Bs.
" PORT PHlLlP.—Despatches from the settlement have ar-
rived by the Rattlesnake, among which is the return of the
total amount of the population, viz., 200 adult persons ; 39
of that number are prisoners of the Crown, being the gang
sent down by the Government to assist in public works.
There are already three public-houses in the settlement."
Accounts have been received this morning from Jamaica of
the 3d April ; but we do not hear of any news of importance.

THE FUNDS.
During the whole of yesterday both the British and Foreign
Markets were buoyant, although towards the afternoon there
were commercial reports tending to damp the animated state
of the Markets, and Consols closed at 90;1, both for Account
and Money ; opened this morning at 90i Money and Ac-
count; Exchequer Bills, 28 30 prem. ; India Bonds, 25 27
prem. ; Bank Stock, 204; India Stock, 2571 258.
Spanish Active may be quoted at 224, Ex-dividend ; Cou-
pons, 44 to 46 ; Portuguese, 47,i 481; Three per Cents.,
3041 -1; Columbia, 23i ; Chilian, 38 to 40 ; Mexican, 23 24.
The accounts from Liverpool this morning, state that the
last week has been a very cheerful one, in comparison with
several preceding weeks. The, sales of Cotton having been
very large, at a slight improvement of price, and the arrival of
bills of the United States' and other Banks, have greatly re-
lieved many houses embarassed; but it would be a great mis-
take to suppose that affairs and confidence can be restored
at once. The reception of these Bills from the United States
have had a very beneficial effect, and have removed much de-
spondency; still, it will require many months to restore pros-
perity.

HALF-PA ST ONE.
All continues tranquil in the City respecting Commercial
affairs, and there are no reports on political news to com-
municate.
Consols, which were buoyant during the morning, at 9011,
for the Account, have since receded to 90 Money 90
Money still was scarce in the early part of the morning. Ex-
chequer Bills, 28, 30, 27 prem. ; Indian Bonds, 27, 25 prem. ;
Bank Stock, 2031.
In the Foreign *Market, Spanish Active, 221 cx div. Cou-
pons, and 23 for Account; Co-upons due last November, 48 ;
New, due in May, 27 to 32. Passive, 5:3 6 ; Deferred,
81 9; Portuguese, 481 ; Three per Cents., 30i ; Dutch Two-
and-a- Half per Cents., 534.
To the present time we do not hear of any business of con-
sequence doing in the New American Paper ; Bank, 941 95 ;
Morris Canal, 981.
THREE 0' CL 0 CK.
Consols for the Account, 906 i•

here are now to be seen in the garden of an
amateur horticulturist, in the neigbourhood of the Mile-end-
road, bunches of grapes already formed to considerable size,
with nectarines as large as wa)nuts. The method adopted for
the forwarding the growth of the fruit named was merely
covering the trees with leno of a sufficiently fine texture "to
break the cold." This plan has, according to the statement
of the proprietor of the grounds alluded to, been, in former
experiments of the kind, eminently successful.