The Sun.
London, England, 1825-12-29 00:00:00

TIIEFUNDS.

Consols—Yesterda y cloned

Ater the Close

This morilinz opened

~~~

S 1 ;, SZ
11l 8

A broker, who is known to he the organ of

otne tresi end operatort, came into the market
yesterday about three, and sold r-20,000 Consols,
at 82i. He then retired, hut returein4 in a few
minutes made further heavy sales, which dropped
the market at the close, to Mn-. After the close
Consols were done freely at 51i,82, at which they
opened this morning. From that price they
advanced to 82k, but afterwards gradually de-
clined to 81f—the quotation at one o'clock.

The business in Consols has not been brisk,
but in Reduced, the trati,,kactions have been numer-
ous and important. So decidedly is the Money
Market, in the House, relieved, that Reduced
have been sold at 81i, which, if money be held
worth five per cent. is considered above the
relative value of Consols, at the current price
for account. Bank Stock, 214 T. India Bonds
have been done, from par, to 2 prem. Ex-
chequer Bills hay, been in brisk demand, by
the Brokers of different Firm Offices, for payment
of duties, whidt has brought them up to almost a
premium :

Eitc;,:equer Bills, tlfiflO-3die. 1 pm. 1 dia.
2500-3 dill. par.
4:100-2

It it generally understood, that the Malt has
given notice to the late borrowers on Consols,
that their pledges must be redee►ned, at two
payments, on the 15th and 31st of January.
The amount advnnced by the Bank on Consols,
is estimated nt three millions, the payment of

which will be much against the price of Consols
in Janu.try. There is also a prevalent opi-
nion, that when Console open, the private
sales will be considerable. From the com-
mencement of the present Quarter, a sensible
defalcation of Reeenne is rumoured. Stamps
on Bilis of Exchange, and Country Bankers
Not&s especially, have dropped materially.
Country Bankers can have had no recent demand
for paper, and it remains to be sees, whether
public confidence is sufficiently restored, to
enable them to put out three millions of private
paper to supply the three millions lent by the
Bank on Coi,sols, which will be taken out of cir-
culation in January.

The following is the copy of a Circular, ad-
dressed by the House of MP'S! S. IV tr.r.tAms and
Co., Bankers, of urchin-lane, to these customers
of the House :

BILICIIIX-I.AXit, Dec. "8, urn.

DEAR Sin—lt is most gratifyingito us, to be able to Inform
you that after a minute investigation of our affairs, it appears
that the houce possesses ample funds to meet every demand
in full, exclusive of the private fortunes of any of the
individuals of the firm. Two of the firm, Mr. William
Williams avid Mr. Burgess, being desirous of retiring
from business, Mr. Williams and Mr. Charles Mon„
tague Williams have this evening formed a connexion with
persons of ;the highest character and known opulence ; we ex-
pect the minor arrangements will be forthwith completed, and
will then inform you of the day on which the business will be
resumed. With the conviction that we have never abused the
confidence reposed in us, we trust that the temporary suspen-
sion of our payments, under the most peculiar and unprecedent.
ed circumstances, will not induce you to withdraw your account
from the new Firm, but that they will be honoured with that
countenance and support which our House has received from
our friends sod the public fur half a century.
We have the honour to be., &e.
FOREIGN.

In Foreign Securities there is very little 'aria-
'ion from yesterday's prices. Russian still maiu-
min 7Vi. Greek, 17 101. Spanish, 1/1.