The Sun.
London, England, 1839-01-29 00:00:00

MONEY AND CITY NEWS.

(FROM THE MORNING PAPERS OP THIS DAY.)
CHRONICLE.—ConsoIs to-day have not quite sustained the closing
quotations of Saturday, but the amount of business transacted in
them has not been extensive, and the market altogether left off good
at 921 to for Money, and 92i tot for the Account. Exchequer
Bills were 62 to G 4 prem. ; India Bonds, 61 to 63 preen.; Bank Stock,
202 to 203; and India Stock, 255 to 256.

The different Foreign Securities, usually most dealt in, have like.
wise not presented so buoyant an appearance as on Saturday. The chief
business continues to be in Spanish Stock, where the fluctuations have
been considerable. The market altogether has not been so good, in
consequence of several parties having realized the profits which have
been made, and it was also affected by the preparations for the
settlement of the next account. Late in the day the price declined to
19a to 1., when several private bargains to the extent, we understand,
of 100,0001. stock, made by well.inforined and leading parties, caused
the market to react, and left off very firm at 19 to 20 ; Deferred, Eit
to 9 ; and Passive, 4 to sb. The other foreign funds present no par-
ticular feature. Portuguese Five per Cents, closed at 33 to ; ditto
Three per Cents. 22 to i; Dutch Five per Cents., 102 a to a; ditto
Two-and.a-Half per Cents., 54 Ys to 55i ; Belgian, 99 31 to 99,; Da-
nish, 75-1 to 761 ; Brazilian, 79 to i; Mexican, 24 to ; Colombian,
281 to 3/ ; and Peruvian, 17 to 18.

In the Share Market there is no alteration. London and Birming_
ham continues 76 to 78 prem.; ditto (new), 23 to 24 prem. ; South.
ampton, 43 to 44 per share; Great Western, 11 to I 2 prem.; Leeds
and Manchester, 19 to 21 prem.; Brighton, 31 to 3i dis.; and Black..
wall, 1i to 1f dis.

HERALD.—The extraordinary reduction in the price of wheat.
which has taken place at Mark.lane to-day deserves much attention, in
asmuch as it proves that the staple article of human food could not have
fallen to the extent of from 4s. to 7s. per quarter, without good and:
sufficient cause. It proves also, without the chance of contradiction,
that the late gambling speculations in wheat have been totally with-
out foundation, equally with the present factious outcry against
the existing Corn laws; and, more, it is confirmatory of the opi-
nion that this fall has taken place after it has become welt
known that the western ports of France, and the Neapolitan
ports, were prohibited from oxporting wheat to this coun-
try, and that the example thus set; will be followed up
by Egypt, and all the rulers of the great granaries of the
other ports of the Mediterranean and the Black Sea. It is considered
that some of our speculators will suffer severely, as they are under con-
tract to take corn from many ports now closed to exportation, and for
which they have passed their bills; but every evil cures itself, as may
be instanced by the pell-mell hurry on the part of the corn Jobbers to
unfrock themselves from the unpleasant results of their late speculation
at Mark,lane to-day. This sudden alteration, which has been brought
about by 'the real state of the Corn Market, will have a most whole-
some effect, and at the same time mar those Anti-Corn-law projects by
which Ministers purposed to gull the more imbecile members of the
John Bull family, and secure for themselves another year of treacherous
popularity.
The British Funds have slightly given way in price to-day, apparently
under the influence of the indirect pressure upon the Money Market for
commercial discounts to which we have lately referred. This confirma-
tion of our anticipations is in some degree the result of the combination
of two circumstances—the one arising out of the anxiety which prevails
respecting the movement of political affairs on the meeting of Parlia-
ment, to which we arc so rapidly approximating; and the other from the
fact of the Bank of England having advanced the rate of gold bullion in
bars from 31. 17s. 1 OP. per ounce to 31. 18s., it being surmised by many
that this determination of the Bank of England Direction not to sell
gold bullion under the latter rate, although a trifling advance, is a partial
experiment to restrain the daily exports of the precious metals, which
may possibly be followed up by more stringent measures.

IRELAND.

(FROM OUR OWN CORRESPONDENT.)
DUBLIN, JAN. 27.

Tun ?Russ AND Ma. O'Coxxxr.r..—This quarrel is still undecided,
and Mr. O'Connell has ventured upon a step which you will hear with
astonishment. He has given notice of a motion to take fram the Morn-
ing Register the advertisements of the Precursor Society, thus giving an
intelligible hint to all the members of the Society to abandon that
journal, which has so long supported him. His peculiar wrath has
fallen upon the Register because the Freeman's Journal (after its re-
porters having signed the resolution suppressing the proceedings, and
after the editor had written an article countenancing this suppression)
has broken faith and published the dinner. As the motion is to be
dealt with on Tuesday, I will not in the mean time say anything further
about it.
O'Conneu. Dtrixaes.—On Thursday Mr. O'Connell was entertained
at Drogheda at a public dinner. Sir William Somerville, the repre-
sentative of the town, was in the chair. The Most Rev. Dr. Crolly, Sir
F. WDonnell, Mr. Bellew, M.P., Thos. Steele, Esq., T. O'Hagan, Esq.,
and several other distinguished persons were present. Mr. O'Connell
stated that his first duty when he arrived in Parliament would be to
bring forward a Bill to eqaulize the franchise in England and Ireland. He
compared the Whigs to an old hat stuck in a window where the glass
was lost, it did not let in the light, but it kept out the storm. He
would support them next Session, but if his Bill to equalize the fran-
chise did not pass, he would despair of justice from England, and look
fur the only alternative, Repeal. Dr. Crolly, who was not formerly a
Repealer, was understood to declare himself one upon this occasion, by
saying that the Liberator would not, he was sure, go further than the
boundaries of justice, and he would go so far with him without hesita-
tion. The Dundalk Dinner will take place on Thursday next. Mr.
O'Connell will attend, and Mr. Reddington, M.P. (to whom the dinner
is given), will also be honoured with the company of the Catholic
Primate, Sir P. Bellew, R. M. Bellew, M.P., Henry Chester, M.P., and
Denis Caulfield Brady, late Member for Newry.
TITHES—THE SENT CHARGE.

Sir F. H. Loftus, who has large property in the county Kilkenny, bat
given notice to his tenants that he will not seek to recover the rent-charge
from the Catholic portion of them. On the other hand Dean Lee blur
committed to prison a respectable farmer named Fierce WGiiire,, for
4!. 10s. of tithes, to which he has managed to add no less than 801.1 in

the shape of costs. .
The Limerick Chronicle states that all the household furniture of
Mr. Mullins, late M.P. for Kerry, is about to be brought to the hammer.
The daughter of Sir Robert Bateson, M.P., is about to be monied to
J. W. Gladstone, Esq., son of John Gladstone, Esq., of Duque Park,
Scotland, and Carlton-terrace, London.
LAW APPOINTMEN'TS.—Judge Moore is about to retire from the bench.
He will be succeeded by Mr. Ball, M.P., at present Attorney-General for
Ireland. Mr. Brady, the present Solicitor-General, will become At-
torney-General; and Mr. Pigott, the Counsel to the Castle, will be the
new Solicitor-General, and probably the future Member for Clonmel.
All these appointments, which are confidently spoken of, are excellent.
NATIONAL EDUCATION.—The Catholic Bishops of Ireland, who are at
present assembled at their annual Senate, have not been able, it is un-
derstood, to decide the question between Dr. MachalepOhri Tuam) and
Dr. Murray, on the present system of national ed944tici The battle
will probably be renewed without delay.