The Sun.
London, England, 1825-12-30 00:00:00

THE FUNDq.

C°"9ls----Yesterday -closed - - 1611-8 8-4
After the Close "

This morning opened - 82
• Consols began this morning at 82, and gra-
udyanced to f32-T.. At 1 o'cloCk the qtio
Ilti°4 way s46—sellers. The market has been
titlinfluenced, either by intelligence or rumour.
I:here has%been a constant influx of Money
n9Yers in Reduced—Threes at 84—Three and
hair at 89:
.
ik 14 "PY is quite easy, not worth more than
tutt!4' per cent. in the house.
Rank Stock - . - - 215.
India Bonds ~ 3 1 pm.
Ezchequer Bills, £lOOO-=-2 dis. par.
X. 500-1 dis. par.
£lOO---.1. 5 pm.
Opinions differ, as to the effect that may be pro-
lucl'd on Consols by the contraction 'of Bank
dotes in January. By some it is thought, that
t","
who _recently sold out will reinvest, to an
"I!)unt that may more than counteract the sales
that will be requisite to reitnburse the advances
11144 by the Bank. In addition to the paper with-
wn from that source, it is expected) that
the Rank will still further reduce the amount of
their paper now ill
'
circtilation, to an extent, as it
is estimated—including
the three millions lent on
Cottsols—of nearly live millions. The withdraw-

4110' So
large
all amount from general circulation
crtunot- but be felt severely by the manufacturing
and commercial interests, and it is difficult to
""jectUre, from what fresh source the deficiency
Ca" be supplied. A general disinclination is
Inanirested in the Country, to the continuance
of," precarious a medium of circulation as Coun-

try.tankers now manifest that no
fir tni however strong, can be secure -against
11"''ible sudden demand, but by holding an un-
P"lfilable amount of specie. That the Notes of
1, Country Bankers are not essential as a me-
"lor circulation, is manifest. Even during the
."'aviest Pressure of the war, Manchester, and
11:(leed the whole county of Lancaster, was exempt
Iro4l the visitation of Country Notes, which were
,
'c'ver current in that populous County. At
testoo, the principal nhabitants have had
meeting to consider of the means by which
"liittry notes may he excluded from circulation

---"nsidering them as an absolute nuisance.
If the Manufactories of Lancashire, can be
el:fried on without the circulation of Country
—4"k"'s notes, what more decisive proof can be
Iladuced of their positive inutility ? When busi-
ness
" conducted through the medium of Bills of
Rxch.
.11 "ge, the period at which they become pay-
e is fixed, and due provision must be made
1:8 payment; but where a Country Banker
Sued notes payable on demand, it is im-
11."sible to guard against a sudden demand,
t9r which he may be unprovided. The late disas-
""ccurrences have so fully exposed the danger
arising from the issue of small Country Notes,
that
there can be little doubt of the iuterferenec
or the
Legislature, in limiting these paper issues
It shorter period than is allowed by the lest Act.

FOREIGN.

Settling day in Foreign. Up to one o'clock,
" defaulter has been declared There is not
tl'uch doing in this market. Russian, 701.
,
‘3olornbian, 614 ; Mexican, 5 per Cent. Go;
6 Per Cent. 654. Greek, 162. Spanish, 194.
SHARES.

Real del Monte
Tlalquxallna
Anglo-Alexican

170 pm.

AO pm.

71. pm.

Consols

past 2.
81x4.

a Wlessrs.
the
their business, ILLIAMs and Co., Banker, will re-
sump
it is said, at the beginning of
" neXt week.

Pru, SLIA 'TRADE.--In the Glasgow Courier of
frr, "ay last is the following extract of a letter
waurn the Captain of one of his Majesty's ships of
whir'int Present stationed on the coast of Africa,
c° has been received by a gentleman in the
dghbourhood of Glasgow :—" Prince's Island
(
oulf Guinea),Sept.ls.—On my passage here
tiiallased two slave vessels; the first escaped in the
Of and the second I chased into the mouths
Ail —.l" A tholl and Esk, and thus hemmed in on
was captured. She proved to be a Bra-
in 'ln Schooner with 364 slaves on board,crammed
Twuch a Way that they could scarcely breathe.—
1,0 ° of them died the next morning, and several
ra re not expected to live when the vessel parted
for Sierra Leone. 1 sail to-day with the
Pojust°ne and Esk upen a cruise, and the seas are
pttiel
r,ley swarming with slave-vessels. It is the
.
us •"eo among the squadron to keep as much as
re 11°I.e at sea, never going into harbourbut..it.os
ttillitellish our, provisions and water- By
_tr
ribkns,
~ the crews of the squadron escape the h‘or-
-1101.1; Levers that prevail on shore. General 1 ur-
u'itiropean troops are nearly all dead. When
Anc; t Sierra Leone the mortality was eight a-day,
it i3One out of three recovered. At Cape Coast
S Jost the same : an officer told me he had lost
Th" of 110. I have only lost one man, and
hav:quadron are all healthy ; and as the rains
)kithnOw terminated, we have a ir prospect?
the blessing of God, before usf.a"