The Sun.
London, England, 1838-11-08 00:00:00

MONEY AND CITY NEWS

(FROM THE MORNING PAPERS OF THIS DAY.)
TIM E S.—Malta papers to the 25th of October have been
received via Marseilles. They contain little beyond brief
notices of the intelligence lately made public from India. It
is stated, that the hostile movements of the Indian Govern-
ment were resolved upon in consequence of the discovery of
some Russian spies in the country, whose papers, having fallen
into the hands of the authorities, laid open an extensive
tem of intrigue among the native princes, many of whom, it
was feared, would have yielded to Russian influence but for
the adoption of determined measures. Advices from Smyrna
to the 30th of September had been received in Malta,
announcing that two cases of plague occurred in that
city on the 17th, and that the disease still existed in the
surrounding country, which was in free communication with

Smyrna. -
According, to papers from Havannah to the end of Sep-
tember, difficulties had been experienced in carrying into
effect the new tariff imposing supplementary duties on goods
imported. It was opposed in various parts of the island, and
the consequence was, that by a decree of the authorities of
Puerto Principe, the chief place of the province of the same
name, dated the 15th of September, it had been entirely sus-
pended until the decision of the Government of Madrid could
be ascertained. This is the mode in which unpopular mea-
sures are usually got rid of in all parts of Spain, but more
especially and resolutely in the transrnarine possessions. It
was considered, therefore, more than probable that the new
tariff of duties would eventually fall to the ground.

CHRONICLE.—The accounts from Spain to-day appear
to be of the most melancholy description as regards the blood-
shed from the retaliation of both parties when their opponents
fall into their hands, nullifying completely the Eliot treaty ;
and it should at the same time be observed, that the whole of
the advices within the last few days show a more determined
spirit of vengeance on the part of the Christinos against all
parties supposed to be favourable to Carlist principles. The
measures lately attempted to negotiate a loan with the Go-
vernment of Spain, which would have enabled the Executive
to act with greater energy, have been considerably frustrated,
it appears, by the want of friendship, and, in fact, the exist-
ence of enmity, amongst the most influential contractors of
loans, but it is now said that a reconciliation has been brought
about, and a combination of money interests formed with a
view of completing some financial arrangement with the Go-
vernment; and hopes are therefore entertained that the result
so long desired and looked for by the bondholders and all
parties interested in Spanish matters, will now be effected.

H ERA LD.—Money continues so very easy upon the Stock
Exchange, that large amounts of stock, which continues very
scarce, have been borrowed for the Account, producing again
a backwardation, as during the early part of the day Consols
for Money were quoted at 94k and 94 for Account. Large
purchases of stock have also been made by a great portion of
the London and country bankers, in addition to which the
Government Commissioners have laid out 20,0001. sterling in
Reduced Annuities at 931, 10,000/. of which was on account
of the savings' banks, and the other moiety to be converted
into fixed annuities. Consols closed at 93k a 94 for Money
and the Account of the 27th inst. The Three-and-a-Half per
Cent Reduced Annuities are 1001 a 1, and the New Three-
and a-Half per Cents., 1011 ak. Bank Stock is 201 - a
202, Money, India Stock is 260 Money, and 261 Time. The
premium upon Exchequer Bills has advanced to 67 a 69,
and on India Bonds to 63.
There has not been any disposition manifested to-day for
speculation in the Foreign Bonds, and the Peninsular Secu-
rities have closed particularly heavy.
In the Share Market there has been neither much activity
nor alteration. Great Western are 131 a 14 prem. ; Brighton
are 2/ dis. ; Birmingham are 83 prem. ; and the Quarter
ditto Shares, 24 a k prem. ; Greenwich are 3/ dis. ; South-
ampton, 4 dis. ; Manchester and Leeds, 19 a prem. ; Cla-
ridge's Asphalte are 1 a 1 disc. ; Bahia Steam, k disc. ; and
the Shares of the Union Bank of Australia, 5 prem.

POST.—The money market continues in the peculiarly
easy position that has induced a disposition to borrow stock for
the Account, and this circumstance (coupled with the fact that
a considerable portion of the London and country banking in-
terests have been making purchases of Consols for Money to-
day) has again produced what is termed " a backwardation"
of percent.

The United Service Journal is excellent this month.
The contributors to this popular periodical are men who
thoroughly comprehend the subjects they discuss, and a great
deal of valuable information is to be monthly gleaned from +he
records of their reflections and experience. Every correspond-
ent in turn seems to be a practical man. Here there are no
dreamers and speculators. We can fancy that each contributor
in succession has lost his eye, his arm, or his leg. Luckily
none of them have lost their memories. Most of the writers,
too, we are bound to add, are well disposed to shun the de-
bateable ground of politics, and to fall back from the realities
of the present time upon reminiscences of Trafalgars and Wa-
terloos—content to demonstate what war has been and might

be—to
" Shoulder the crutch, and show how fields were won,"
and quarter-decks cleared for action. We know not how
certain branches of the study of either profession can be more
effectually facilitated than by consulting the experienced les-
sons which are to be met with in this miscellany ; and of its
generally entertaining qualities the present Number contains
several convincing proofs ; indeed, it is a more than usually
interesting one to the non-professional reader, from comprising
several articles which, although they have a bearing upon mi-
-1 litary and naval history, are nevertheless full of instruction and
amusement that will prove acceptable to all classes of society.
Among them more particularly are a paper on the " Progress
of Modern Duelling," brought down to the commencement of
the present century, in which are recounted the most remark-
able duels that have occured in England up to that period ;
the article on " Nautical Inventions," contrasting the discove-
ries of the ancients in science generally with those of the pre-
sent time ; and the papers on the " Decline of the Turkish Em-
pire," and " Burmah and the Burmese during the late War."
HOP INTELLIGENCE.--WORCESTER, Nov. 2.---
We had a further reduction on Saturday in the prices of the
inferior qualities of new Hops, which, in many instances, was
again ss. per cwt. lower, but the better classes were bought up
at full as high prices as last week, as this portion is so short,
that it is quite rare to see a good sample offered, we cannot
calculate on any further decline in prices on those qualities.
Weighed on Saturday, 231 new, and 59 old pockets. Present
prices, per cwt. :—Poor brown sorts, 565. to 655. to 70s. ;
fine, 80s. to 955. Yearlings, brown, 635. to 735. to 755. ; fine,
80s. to 90s. 1836'5, 455. to 655.
The recent rapid voyage of the New York and
Havre sailing packet Silvie de Grasse, bearing Lord Dur-
ham's proclamation, &c., strikingly illustrates the point of ex-
cellence to which this fine class of vessels has attained. She
started from New York to Havre only three days before that
powerful steamer the Royal William left that port direct for
Liverpool, performed her usual voyage, and, in continuation
from Havre, in three days more to London, where her news
was only fifteen hours later than that brought by the Royal
William. The intelligence reached Paris several hours-before
it arrived in this capital. We understand that the Parisians
owe this early news to the activity of the Quebec agent of
the spirited proprietor of the North and South American
Coffee-house.
An extraordinary instance of despatch in the dis-
charge of cargo has just been witnessed in the London Docks.
On Saturday last, at half-past four o'clock P. M., the Jean
Graham, Captain Henry Thornton, from the Mauritius, with
a freight on board of 5,600 bags of sugar, entered the Docks,
commenced landing her cargo at five o'clock, and by seven
o'clock on Sunday morning had completed her discharge
within a few bags, which were left on board to ballast the ves-
sel until the proper kentledge could be procured on the
Monday following. The Jean Graham had been a good deal
strained during the late gales, and some damage done to the
cargo, which was the occasion of this extraordinary despatch
and continuance of labour to the Sunday morning.
REFORM ASSOCIATION DINNER.—On Wednes-
day evening 300 gentlemen dined in the Public-rooms, Aber-
deen, in honour of the " Reform Registration Association."
The chair was occupied by the City Member, supported on
the right by Provost Milne ; Sir Thomas Burnett, of Leys,
Bart. ; Captain Kyle, of Binghill ; Thomas Best, Esq., wine-
merchant ; Charles Grainger, Esq. ; Harry Leith Lumsden,
Esq.—on the left by Sir John Forbes, of Craigievar ; Sir
Michael Bruce, of Scotstown, Bart. ; Captain Craigie ; Mr.
Forces, of Rothmasie ; Alexander Blaikie, Esq. ; Thomas
Bannerman, Esq. ; Mansfield Forbes, Esq., Lewis Crombie,
Esq., Alexander Stronach, Esq., Alexander Gordon, Esq.,
and James Allan, Esq., acted as croupiers. The Rev. Mr.
Angus, of the United Secession, asked a blessing, and the
Rev. Mr. Kennedy, of the Independents, returned thanks.
Speaking of the entertainment, the Aberdeen Herald has the
following remarks:—" The Conservative dinner partv—con-
sisting of renegades like Ross of Rossie, and Gordon- of
Craig—trimmers like Mr. David Chalmers, and Mr. Thomas
Burnett—strangers, lairds. and lairdlings, and a host of
reluctant farmers from the country, and carpet-weavers
from Hadden's factory—has been followed by a real de-
monstration of the opinions and wishes of the citizens of
Aberdeen. The company assembled in the County Rooms,
principles of Reform,
on Wednesday last, included a larger number of the electoral
body than ever previously turned out on an occasion of the
same kind, arid the whole tone and temper of the proceedings
coolness attachment
my
at o
existth towards some of the
the
men who have had the duty of carrying them into practical
operation. Mr. Bannerman,
Chairman, was exceedingly
whateverindicated
of f
happy in his remarks. Besides s the admirable hit in his quo-
tation from the opinions of the early Reformers on the appro-
priation principle—he made the best, and, indeed, the only
really good defence we have seen, of the conduct of Minis-
ters on the Irish tithe question. Sir Thomas Burnett had
some able and cutting remarks on the nonsense sported at the
Conservative dinner. Mr. Ross, of Rossie, who, like all
proselytes, endeavours to establish the sincerity of his new
professions by the violence of his abuse of those with whom he
formerly acted, has on several occasions, and especially in
Ross-shire, calumniated in the grossest terms the whole of the
Liberal party."
•
A violent fire broke out in the night of the Ist in-
stant at the Hotel des Trois Marchands, at Nantes, where M.
and Madame Franconi, and Mademoiselle Virginie Kennebel
were stopping. ' The husband and wife were in bed when the
alarm was given. The danger was imminent. M. Victor
Franconi, without allowing himself or his wife to put on any
clothes, wrapped her in a sheet, and let her slide down from
the window of the room into the street, where, en chemise
and sans chaussure, she was received into the arms of a stout
fireman. The neighbours in their haste brought her some
male attire, ill which the lac 7 was hastily clad, and taken to a
place Of ,:r.f:V;