The Sun.
London, England, 1838-12-08 00:00:00

MONEY AND CITY NEWS.

TIM ES.—The price of Gold at Hamburgh is 436 per
mark, which, at the English Mint price of 31. 17s. 10id.
per ounce for standard Gold, gives an exchange of 13. 10i,
and the exchange at Hamburgh on London at short being
13. 7i, it follows that Gold is 1.26 per cent. dearer at
Hamburgh than in London.
The premium on Gold at Paris is 8 per mille, which, at
the English Mint price of 3/. 17s. 100. per ounce for
standard Gold, gives an exchange of 25. 35, and the ex-
change at Paris on London at short being 25. 42k. it
follows that Gold is 0. 30 per cent. lower at Paris than in
London.

IThe course of exchange at New York on London is 1091
per cent., and the par of exchange between England and
America being 109 23-40 per cent., it follows that the
exchange is .07 per cent, against England.
A file of papers published at Paz de Ayacucho to the
Ist of July has been received. They contain copies at
length of the two treaties of fr'endship and commerce con-
cluded between the Peru Bolivian Confederation and the
United States, concluded in the commencement of last
year, and that with Great Britain, ratified here in Novem-
ber of the same year. The most interesting matter, how-
ever, they contain is the Message of General Santa Cruz,
the President of Bolivia, to the Congress Extraordinary
at Cochabamba, on the 24th of M.:y last. In this docu-
ment a siew is taken of the situation of the republic,
internal and external, and in particular of the quarrel
with Chili, the refusal of the latter to recognize the
convention of Paucarpata, though ncgociated under the
auspices of the British Government, as represented by
its functionaries on that station, and the consequent re-
newal of hostilities and fitting out another expedition against
Peru, which, as detailing no event not previously known
here, it is not necessary to dwell up,,n. At the time of
the delivery of this message neither the sailing of the new
Chi'Lin expedition nor its subsequent arrival and capture of
Lima and Callao could be known. The internal state of Bo-
liviawould appear, from the description given °lit, to be satis-
factory. It may be remarked, that whilst revolution has suc-
ceeded revolution in the other portions of the Peruvian Con-
federation, and above all in North Peru, Bolivia, since the
ac-ession to power of Santa Cruz some years ago, has
been almost entirely exempt from civil commotions. " For
three years," says the President, " has Bolivia had to sus-
tain a war with various external foes, and yet tranquillity
and security have remained undisturbed in the interior.
Industry had continued peaceably to flourish, and nothing
of war could be known or heard of but for the public re-
joicings for victories gained." The answer of the President
of the Legislative Body was full of acknowledgments that
to the prudent government of Santa Cruz himself the
nation was mainly indebted for the blessings enjoyed. On
the 30th of May the Congress passed a vote of confidence
in him, with a full approval of all his acts. The last ac-
counts already published left him on his way to Northern
Peru.

It has been matter of surprise that the Chilians were
able, as the last accounts by Panama from Lima stated, to
take possession with so much ease of the castles of Callao,
which were formerly reckoned so formidable as to be nearly
impregnable, and which under Rodil and other officers had
been so long held against superior forces and along siege. The
surprise was not lessened by the fact announced that Gen.
Miller, beyond question the ablest officer which the Spanish
American Revolutions have produced, was in command of
the fortress for Santa Cruz. It appears however, that
much misconception prevails respecting the present strength
of Callao, which is no longer capable of defence, as formerly.
It is stated that in the time of Salaberry, some time Pre-
sident of North Peru, all the superb brass cannon were
dismounted and sold to some French speculators by that
person, in order to raise money to pay his !mops and defend
himself against rival and rebellious chieftains. The fortress ,
has never since been furnished with cannon to repair this
loss, and, consequently, was untenable against any compe-
tent force with artillery. The brass cannon so disposed of
are said since to have been purchased on account of Don
Carlos in Spain, were contrived to be landed, and are now
actually the most choice portion of the artillery of his army.

CHRONICLE.—A meeting was held this morning at
the London Tavern, of the Directors of K)an's Anti-Dry
Rot Company, and the parties interested in the affairs of
that body, in order to take into consideration the circum-
stances connected with the defalcations imputed to the late
managing Director, Mr. Terry, of which so touch has been
heard within the last few days. The proceedings were of
a most boisterous character, and nothing whatever of a sa-
tisfactory nature was elicited upon the occasion. It was
eventually determined that the books of the Company
should be submitted to two or three gentlemen, for the pur-
pose of being investigated and reported upon preparatory
to a future meeting. It is understood that, notwithstanding
the misconduct of Mr. Terry, and the apparent negligence
of the Directors, whose duty it undoubtedly was to have
seen that the scrip certificates re-issued and approprated
by that individual to his own use, were destroyed when ex-
changed for the registered shares, is in a most thriving con-
dition, and that the question now to be determined is merely
upon whom the loss arising from such misconduct should bo
fixed.

EXTRAORDINAYEMERALD.—.The sensation
caused by the magic clock at the shop of Messrs. Savory,
in Cornhill, has scarcely subsided, before the attention of
the publichasbeen called to a most extraordi nary r merald, ex-
hibited for side in the shop window of Mr. Walton, goldsmith
and jeweller, Ludgate-hill ;it weighs 860 carats, and is in
its natural state, just as it was taken from the rock. 1,0001.
is the sum asked for this splendid gem, which, it is rTorted,
will be purchased for the British Museum.—From a Cor-
respondent.

A BULLOCK IN A BED-1100M.—A few clays
oago an ox which had been overdriven entered the premises
f Mr. Ellerton,
consternation
High Holborn, by the private
door, to the gre'antsPtttaacitrociternation of the family. The animal
actually got up too
tththhee.oflorrsttainisooorf baacbkod.roovm,,niaonods
eecbtnutcel
commenced an
Inviietahnosotwseurcecetrsise.d to eject
iienrtsruadt eler,obouht
ofooor
tari
vloendgtotigmeet
it down stairs, but the bannisters
g_o were broken in doing so. Great confusion in the nei bb urhood was create I by the
occurrence.
The sales of landed property which have lately taken
place give the most decided evidence of the increasing
ry one
prices,
pros-
perity of the country. Besides Benbicula, which was sold
for 96,0001., and Strathconan for 4.s,6.sol.,thereeweevree seven
judicial sales in one day in the last month, whn
of the properties were sold, almost above the upset
and one of them nearly .50 per cent. above the upset.-.t
Edirtfmrgh, Aldtvrtiser.

(FROM TILE MOANING TAPERS OF THIS DAY.)
HERALD.—The Money Market, so far as regards the
rate of interest upon commercial discounts and on the
Stock Exchange, bas not undergone any alteration worthy
of comment.

There has been rather more business in the Continental
exchanges this afternoon, in consequence of the number of
bills drawn against the late renewed importations of Foreign
corn. The quotations have again further declined, as will
be seen by the following rates :—On Paris they have re-
ceded to 2.5 f. 60c. a 2.5 f. 62ic. ; on Amsterdam to 12 31 ;
on Rotterdam to 12 31 a ; on Hamburg to 239 i a 4 ;
and on Frankfort to 1:51/.
The public mind continues in much suspense respecting
the progress of the mock patriots and their quondam adhe-
rents on the frontiers of our Canadian Provinces, and this
circumstance has tended to keep the public out of the
Markets for either the British or Foreign Securities, as
well as to restrain the operations of the jobbers and dealers
in the Stock Exchange. In fact, much anxiety prevails
for the arrival of the Great Western, by which some de-
cided information generally appears to be anticipated.
In consequence the operations in the British Funds have
been very limited, but there has not been any important al-
teration in the quotations since yesterday evening. Consols
closed at 93i buyers for the opening. The Government
Commissioners again made a small purchase of the Three
per Cent. Reduced at 92i. The Three-and-a-Half per
Cent. Reduced Annuities are 100 i for Money. Bank
Stock is 2021. The premium upon Indian Bonds is 63 ;
and on Exchequer Bills 64 a 66.
In the Foreign Market the business has been most li-
mited. Portuguese New Five per Cents are 29i, and the
Three per Cent. ditto 19i. Spanish Bonds, with the May
Coupons, are 164 ae. Brazilian are 77i ; and Colom-
bian 24. Dani-h Bonds are 741 ; Dutch Two-and-a-Half
per Cents are .544 ; and the Old Five per Cents are 100 i.
Shares are not in demand, and if sales increase it will
soon prove to be " coute qui coute" with the holders of even
the best•complexioned concerns. Great Western Railway
are only 10 prem. ; Birmingham have receded to 77 prem. ;
Greenwich are 3i discount ; Southampton are 6i a 6 dis. ;
and the New ditto 19 prem. Anti-Dry Rut shares have
declined to 9 dis. The shares of the Bank of Australasia
are 27} prem., and the New ditto are 24i prem.