The Sun.
London, England, 1838-11-29 00:00:00

MONEY AND CITY NEWS.

(FROM THE MORNING PAPERS OF THIS DAY.)
TIMES.—It may here be noticed, as a rumour preva-
lent in the City, that several of the letters received from
India allude to the fact of despatches having been received
out from England expressive of the strong dissatisfaction
of the Government at home with the conduct of the Go-
vernor-General for interfering in the quarrels and wars of
the native Princes with each other.
The accounts of the Indigo crop from some districts are
unfavourable, but from others it is stated that although in
some the weather and rains had been against it, yet that
that the increased cultivation would make up the deficiency
so caused. In other parts the crop on the whole would be
a fair average. Some improvement had taken place in the
demand for Cotton Goods, particularly for those sorts suited
to the Burmese markets. Cotton Yarns were also in de-.
mand. The Company's rate of exchange remained at
2s. 2d., but private exchange had gone down to 2s. lid.,
at which rate considerable sums were remitted.
Papers from Canton of the 26th of June, from which ex-
tracts are given in the Calcutta Papers, contain the copy
of a respectful letter from the Hong Kinqua to his credi-
tors, setting forth the state. of his affairs, and how he
originally became involved in difficulties by the failure of
Consequa, and from other of the Hongs, by which he suf-
fered to the extent of 1,200,000 dollars. It states that
he was fast recovering from the derangement caused by
these ruinous losses, when the insolvency of the Hong
Hingtae compelled him to suspend payments entirely. His
debts are stated at 1,100,000 dollars, which he proposed
to liquidate in ten years, by yearly instalments, but as that
offer was refused, he then made the further proposition
to effect the liquidation in the time specified, with the
addition of 5 per cent. interest on the amount of the
debts, such interest to be paid in the 11th and 12th
years. The Hoppo had consented that his arrears of duties
should be placed on the same footing, and simultaneously
paid off by yearly payments. He expresses his confidence
that under this arrangement lie shall be able to clear off his
debts, and under favourable circumstances perhaps even in
eight or nine years, more especially as the other Hong mer-
chants had agreed to assist him every year with a loan of
100,000 dollars from the Consoo fund. With respect to
the affairs of Hingtae, these advices state nothing new.
The creditors seemed disposed to await the interposition
of the Government at home, who had been memorialized
on the occasion, and the Viceroy of Canton, cognizant of
the fact, was unable or unwilling to procure the offer of
better terms than the 8 years for payment before proffered,
but refused.

CHRONICLE.—The English Stock Market is alto-
gether rather flat, but no material change has taken place
in the value of the different securities. The heaviness ap-
pears to have arisen from the tenour of the advices received
this morning overland from India, which are generally con-
sidered of an unsatisfactory character. Consols for Money
closed at 93/ to 1, and 94 to for the Account ; Three-
and-a Half per Cent. Reduced, 1001 to I ; new ditto,
1011 to / ; Exchequer Bills, 65 to 66 prem. ; Bank Stock,
2024 to 2031 ; and India Stock, 262 k to 2631.
In the Foreign Market things are almost in stalls quo,
with the exception of Spanish Active Bonds, which have
again receded to 164 to 17i.
Business in shares still continues limited, but the prices
on the whole are well maintained. The shares of Kyan's
Patent Anti-Dry Rot Company, upon which 171. 10s. has
been paid, were quoted at 10 to 11 per share, but we are
not aware that any transactions were effected in them.
Birmingham (old) left off at 83 to 85 prem. ; ditto (new),
24 to 25 prem. ; Southampton (old), 45 to 46 per share ;
ditto (new), 20 to 21 prem. ; Great Western, 13 to 14
prem. ; Leeds and Manchester, 19 to 21 prem. ; Midland
Counties, 13 to 12 dis. ; Birmingham and Derby, 10 to 8
dis. ; Brighton, 3 dis. ; Blackwall, 2 dis. ; Greenwich, 16f
to 17 per share ; Croydon, 16/ to 171 per share ; ditto
(new), 11 to 21 prem. ; and south Eastern, 5 to 44 dis.
British Iron Shares are 11 to i, and General Mining
Shares 12 to 13 per share.
American Securities are all the same as the last quota-
tions, with the exception of Louisiana Six per Cent.
Stock, which has advanced 2 per cent.—from par to 102.
The overland dispatches from Calcutta reach to the 23d
of September. Their complexion on the whole is regarded
as warlike, as every preparation was going on there for the
march of a considerable number of troops, and scarcely
anything else was spoken of but the expedition of the army.
The troops were expected to leave Calcutta in about six
weeks. The commercial news is also not pleasing. Busi-
ness generally was dull, and it appears that an inundation
of the Kishnagar country, the chief indigo district, had
occurred, which would, it was thought, occasion a serious
deficiency in the crop. It was not expected, in fact, to
exceed 85,000 maunds, the average being 120,000 maunds
each year. The price had immediately risen in Calcutta,
and as much as 245 rupees per maund, about 72 lbs., was
given for some good samples. The rate of exchange on
London was 2s. lid. per rupee.

HERALD.—The arrival of Lord Durham in the In-
constant frigate, off Plymouth, has created much interest
here ; but it does not appear that this vessel has brought
any more favourable intelligence from the Canadas or the
frontiers of the United States than has already appeared in
this journal.
The accounts at Calcutta from the indigo districts men-
tion that the crops had suffered so much in the Bengal,
Bahar, and Benares districts, from the great floods, that it
was expected to be so much under the usual average as
only to amount to 70,000 a 80,000 factory maunds. It
was supposed that nothing but a favourable change in the
weather could raise it to 95,000 maunds, which would be
less than the exports of last season by 24,000 maunds. At
Bombay the exchange on England was 25., and freights
were nominally at 31. a 3/. ss. per ton. At Calcutta the
exchange was Is. I lid. for Treasury bills, and 2s. 4d. for
private, whilst freights were Si. to 61. 10s. per ton. From
Singapore we have no advices of importance.

.POST.—The Public Securities opened rather better
this morning in the Englsh Market, bargains for Money in
Consols being first quoted at 94. Later in the day there
was a retrogradation of to per cent., and no re-action
occurred up to the close of business. The day's transac-
tions were not characterised by any other new feature
worth noticing. It may be observed, however, that there
was again an abundance of Money stock, and this circum-
stance, coupled with the news received from India by the
overland mail, via Suez, which continues to be of a war-
like tendency, seem to be more than sufficient to account
for the less buoyant state of the market. The report of
the re-investment of Herat by the Persians, although it
does not seem to be founded on what can be considered
very good authority, contributes in no degree to allay the
fears entertained of increased difficulties in her Majesty's
eastern dominion. The present intelligence comes down to
a late date, but much impatience will nevertheless be felt
by many persons in the City, merchants as well as capi-
talists, for further information as to the progress of the mi-
litary operations of which they have received information.
The Foreign Funds have sympathised with our own.
There was perhaps rather more business done in them
than for some few days past, but it was in most instances at
rather low prices.

MISS BURDON'S NEW WORK, THE LOST
EVIDENCE.--The plot of this work is full of variety. A
multitude of persons cross the stage, and the back ground
is vividly filled up. In the portraiture of her characters,
Miss Bunion has successfully individualized them, but the
charm rises rather out of the conduct of the story. There
are several scenes drawn with consummate skill, and the
interest throughout is sustained with ability.—Atlas.
THTIRIEEDNKEINNvGIIITsThoisRismaApLowRerofur
stNouryE,,fißxeudFaut
osneooßf
the very best periods. There is a fine obscurity in the few
historians of Rufus, which is singularly favourable to the
romance writer. The daring character of the Red King is
admirably suited to a delineation of the feudal times, and
his favourite and Prime Minister, Ralph, is one of the most
striking personages that figure in our early annals. Both
are well drawn in the tale before us, which is one of great
promise.—Metropolitan.
NEW NOVEL, EDITED BY THE AUTHOR OF
" THE SUBALTERN."—We are requested to state that
" The Only Daughter, a Domestic Story," edited by the
author of " The SuLaltern," in 3 vols., was published this
day by Mr. Colburn, of 3reat Marlborough-street, and
may now be had at all the libraries. Mr. Colburn has
also just published the following new works of fiction :-
1. Mr. Theodore Hook's " Gurney Married," a sequel to
" Gilbert Gurney," 3 vols. 2. Captain Chamier's " Jack
Adams, the Mutineer," 3 vols. 3. The Hon. Mrs. Lam-
bert's " Ella ; or, the Emperor's Son." 4. " Duty and
Inclination," edited by Miss Landon, 3 vols. 5. " The
Glanville Family," by a Lady of Rank, 3 vols.; and 6.
" Shakspearb and his Friends ; or, the Golden Age of
Merry England," an Historical Romance, 3 vols.
ROBBERlES.—Yesterday the police received infor-
mation that, on the previous day, a gentleman named
Royal was robbed in a Paddington omnibus, between Mid-
dle Row, Holborn, and St. Giles's Church, of a red purse,
Containing eight sovereigns,N
, andls Hoa v slipseld n
o,f psa,per, on one
Denmark-
street, Camberwell," and on the other, " Mrs. Brookbank,
s t w
a
of which was written,
No. 1, Denmark-street." On the 22d inst. a Mr. Ashton
was robbed of a gold watch and appendages, between the
Elephant
of l
oi.
and Casits offered,leandloddington-square, Kennington.
A reward