The Sun.
London, England, 1837-06-05 00:00:00

THE FUNDS-(THIS DAY.)

CITY, TWELVE O'CLOCK.
A Liverpool Paper, received this morning, says, " We
copy the following from the New York Herald, received by
the last packet :—" In the space of two short months about
one thousand merchants and traders have broken to pieces, for
an amount of about three hundred millions of dollars—the
shock to public confidence is so great, that a general panic
prevails, and a general run mado upon the Banks throughout
the whole Union." Some sensation was experienced at Li-
verpool on the receipt of the news that the Bank of England
had declined to render any further assistance to the Ameri-
can houses.

We are happy to state that the failure of the three great
American houses, which took place on Friday last, is ex-
pected not to be of so disastrous a nature as was at first anti-
cipated. One of them, Mr. Timothy Wiggin and Co., we
are assured, will be able to exhibit assets to the amount of
from two to three hundred thousand pounds, beyond their
liabilities.

On Saturday last there were several failures, but not to
the extent that was generally reported ; among them was the
old and respectable firm of Bell and Grant, and that of Gowan
and Marx. They were connected with the American trade.
It is supposed that their liabilities are to a great extent.
THE FUNDS.

Consols, which closed on Saturday at 90 for the Ac-
count, opened this morning at 90 Exchequer Bills, 33
35 ; India Bonds, 33 ; Bank Stock 203} ; India, ditto, 2581
to 259. _ _

In the Foreign Market, Spanish Active closed at 21i
j--
opened at 22 22 I; Passive 5 ;!Deferred 8i eortuguese 43.
The private letters received from Liverpool this morning
are more favourable than was anticipated, and there is every
appearance that we shall have a quieter day in the city than
was expected.

HALF-PAST ONE.

With all the failures that occurred on Saturday, and the
unfavourable state of commercial affairs, Consols continue
buoyant, having improved since the morning from 904
to 91 for the opening, at whieh price they are at present,
caused, no doubt, by a scarcity of stock in the market.
We have seen letters this morning from Liverpool, stating
that although the failures of the houses of Wilson and Wiggin
were known there, it produced little or no effect on the mar-
ket, and 3,000 bags of cotton were sold at the same rates.
We are happy to state that all is tranquil in the City in re-
spect to commercial affairs to the present honr. We hear of
only one failure, and that is of little import.
We do not hear of any further arrivals from Paris or Spain.
Accounts from Bordeaux state that Cabrera was at Calanda
with 4,000 men, waiting to join the Carlist expedition, but to
prevent the junction Buerens, left at,Saragossa sufficient troops
to defend that town, as well as to attack the enemy on the
Ebro. Baron do Meer had united ten thousand on the plain
of Lerida, and he was ready to attack Don Carlos, as well as
the faction who wanted to protect his entrance into Catalonia.
Exchequer Bills, 36 37 ; India Bonds, 34 37 ; Bank Stock,
2031 ; India Stock, 2591.
Spanish Active, 221 with coupons ; Portuguese (improved
this morning near one per cent.), 43/ ; Three per Cents.,
28; Dutch Two and a Half, 52}.
THREE O'CLOCK.
Consols for Account, 90t