The Sun.
London, England, 1838-10-20 00:00:00

MONEY AND CITY NEWS

(FROM THI MORNINS ?APRILS OF THIS DAY.)
TIME S.—The only new feature at the Stock Exchange has
been the re-commencement of purchase of Stock by the Govern-
ment broker on account of the saving banks. The sum laid out is
10,0001., which will be the daily rate, as it is understood, for
some time, and a similar expenditure being made out of the
annuity investments, there will be stock to the amount of
20,0001., taken daily out of the market. The general state of
money is not satisfactory, and according to our estimate of our
most experienced city men, the circulation has not been so low
for a very long time as it is at the present moment. There is
understood to be a disposition on the part of the Bank to in-
crease it whenever any legitimate opening presents itself, but
that the difficulty is to find such a medium, and the Bank be-
ing subjected now to the vigilant observation of the whole
trading interest, cannot play the same vagaries as formerly.
Some of the Directors are said to be so eager upon this point
as to have entirely conquered the antipathy they have felt and
expressed heretofore to all paper of American origin. Their
course is not only a difficult one, but it must become, if duly
regulated by prudence, much less profitable.
There was a slight reaction in the funds to-day, and the
market showed rather more firmness. Consols improved to
931 to for Money, and 93i to 94 for Account. Bank Stock
was 203:1 to 2044; India Stock, 261 to 262. Exchequer
Bills recovered to 635. to 655. premium.
Towards the close of business some transactions took place
in Spanish Stocks, with a trifling advance in the quotations.
The Active, with the May Coupons, were 17k to 18 ; Por-
tuguese Five per Cents., 32k to 33 ; the Three per Cents.,
201 to 214 ; Brazilian, 78+ to 79; Mexican, 22 to 23; Co-
lombian, 23k to 24; Duteli Two-and-a Half per Cents , 531.
to 54 ; the Five per Cents., lecq to 1001.
/Vetter addressed by the House of Agency of the Colombian
Bondholders to their constituents here, dated Bogota, Aug. 24,
was received by the West India packet arrived yesterday.
It is stated that they had pressed Senor Arauzaga, the
Finance Minister, for some definite intelligence with respect
to the remittance of mere funds on account of the
arrears of dividends on the debt. In answer they were
assured that Senor Mosquera would perhaps be on his read to
London in September, but the Minister thought he might pro-
mise for certain in October (this month), with such funds as
by that date might be collected on account of the foreign debt.
Of the amount he could afford no precise information, but he
thought it would not be less than the remittance last made,
60,000 dollars.
Caraccas Papers to the sth of September are chiefly occu-
pied with statements of the debt, revenue, and expenditure of
the country, but no official indications are apparent of any ac-
tive measures being in progress to make provision for such
portion of the Colombian foreign debt as fell to the share of
Venezuela, although, from the praiseworthy example and ex-
ertions made by New Granada, it was only reasonable in the
bondholders to expect that such would have been the case.
The position of Venezuela, indeed, if faith may be placed in
the financial exhibit referred to, would seem more favourable
for some attempts to re-establish her credit abroad by the
actual arrangements for the immediate payment of debt, or
even an instalment of it, for a large and constant increase in
her external commerce during the last six years of the
separation from New Granada, and, as it is confessed that
seven tenths of the national income were derived from the
Customs, there seems less excuse for the absence of the same
efforts, and neglect of the same provision, which, under
circumstances not so advantageous, have been honourably
made by New Granada. The mercantile movements of Vene-
zuela, which in 1831 amounted to 4,216,233 dollars, had
gradually increased in 1836 to 7,179,350 dollars. The reve-
nue for 1837-8 is stated at 1,513,803 dollars, and the ordinary
expenditure at 1,328,205 dollars, thus leaving an apparent I
surplus of 185,598 dollars. It is, however, fair to notice,
that during the six years of the separation of the two States,
from
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owarproduc-
tion rapid anda
rateably with population of indigenous commodities in
greater abundance, yet an extraordinary expenditure must
necessarily have been incurred, constituting a pressing por-
tion of domestic debt, which it is not unnatural should pre-
ferentially be thought of. When this present drawback shall
have been removed in whole or in part, the Government,
against the good faith of which, as now formed, no imputa-
tions are cast, will stand without excuse if the claims of the
ill-used and suffering foreign creditors be not met, and that
promptly, with something more solid than the empty promises
with which they have so long been deluded.
The commercial advices from Smyrna to the 30th, and from
Salonica to the 23d ult., are not so favourable as might have
been expected, either for colonial produce or manufactured
commodities and metals. The supplies of cotton piece
goods were said to be very abundant, but sales limited.
There was, indeed, an indisposition to effect sales on the
credits required until the liquidation of the outstanding ac-
counts had been more extensively effected. One principal cause
assigned for this state of business was the appearance of
the plague, which had almost totally put a stop to the two
fairs of Perlepe and Nevrocop. The prices of water twist had
declined, but those of mule-yarn remained as before. Unless
heavy rains should happen to damage it, the new crop of
cotton promised to be most remarkably good both in quantity
and quality. It was estimated that it would produce 40 per
cent. beyond the last year's crop. Some small parcels had
made their appearance at Cassaba, which fully bore out the
expectations entertained. The Corn-market was quiet ; some
inconsiderable parcels had been taken for exportation. The
do orders r s
there.fo orders from Italy some time previous had indicated an active
demand in that quarter and caused more activity, but later
accounts had served to damp the market, as they brought no
purchase, and
Smyrnaand Iresoroesgenutilendtswohf wheats to be looking
wereoking
sold at 28+ piasters, and 2,000 from the environs of Smyrna
of middling quality at 24 piasters, free on board.rp

CHRONICLE.--Consols have again rallied a little more,
and the market altogether looks better, as there is a strong
impression in the city that Lord Durham may still be induced
to remain in Canada. Consols for money closed at 93;f to -lc,
and 93i to 94 for the Account.
Dutch Stocks are rather better, but Foreign Securities
generally are much the same as yesterday.
There is scarcely any variation in Shares, and business in-
deed, generally, at the Stock Exchange, has been limited
to-day.

POST.—The resignation of the Earl of Durham has lost
much of the interest which the sudden determination of his
Lordship had created in the mind of the civic lieges yester-
day, although it may have raised a feeling of contempt for de
Administration as a body, which must eventually feel this as
the severest blow that they have received, if his Lordship per-
severes in his determination, since they have been in dependent
office.

HERALD.—The excitement which prevailed here yester-
day, respecting the intended resignation of the Earl of Dur-
ham, has very considerably abated, and, as a natural cense_
quence, the Money Market has nearly assumed the tone which
prevailedlion.
The
merchants
s n nt
choearrival
witho his
theLordship'streto
the en da
determine_a s
had an interview by deputation with Lord Glenelg at the
Colonial-office, but the result has not transpired, although it is
understood that a Nobleman has been requested to fill Lord
Durham's place, if his resignation is finally determined upon.
For some time past there has been an unqualified outcry
against the policy of Mr. Biddle, as the manager of the Bank of
the United States, with respect to his monetary transactions,
on the part of one or two biassed contemporaries. The late
advices from the United States, however, throw much light
upon the question ; for to the willing co-operation of that
gentleman with the executive of the United States alone can
be attributed the healthy action which the Treasury notes
have had upon the commercial and general interests of the
country; and there is no doubt but that the next arrival from
the United States will enable us to prove that, without the
co-operation of the United States' Bank, the late issues of
Treasury notes wouldyeT
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ll
doubtless, according to the opinions of practical men, have
the
effect of raising the continental exchanges in general. On
Paris the rates are 25f 70c to 25f 75c to 77ic ;:on Amsterdam
at
at 13 11 1241 a 12 4i; on Rotterdam at 124:.-1; and on Hamburg
a 13 114.
Th-

of the count
le Cork Reporter contains the following para-
graph :--.." Mr
country
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117
ov
ne
hisparts
from Darrynane to Dublin, these public demonstrations being
intended to mark the continuing unabated confidence which
his countrymen repose in him, and to refute the Tory fabrica-
tion that he has fallen in their esteem. Never was his popu-
larity, founded on the services he has rendered to his country,
higher, and we look forward with hope that those exertions,
which a still hostile policy to its interests demand from him
who alone can make them, will be crowned with success."
IcE.—A correspondent at Largs informs us, that,
notwithstanding the mildness and superiority of their climate,
the frost was so keen on Saturday morning that a short curl-
ing game was played, and the thermometer, at seven o'clock,
stood in the E. exposure at 32 degrees.—Scots Times.
MRS. GORE'S NEW NOVEL.—The literary topic
of the hour,
is, of course, Mrs. Gore's new work, "The
Heir of Selwood; or, Three Epochs of a Life." The singular
capabilities of the story place it on a level, in point of intense
and long-sustained interest, with that of any work of the
kind since " Caleb Williams." The characters, also, offer
wide scope for Mrs. Gore's extraordinary skill in this depart-
ment of her art. The proud and g" Heiloomyr of Selwood," the
Baronet, his gentle
and suffering wife, the m ysterious
r, the high-minded British mer-
chant, and his vulgar partner, in short, a host of varied wealthy but worldly banke
cha-
racters, contrast with, and show off each other, with a truth
and force of effect that no other female writer of the day can
reach.

ANTIQUARIAN.On breaking wound for the
purpose of opening the quarry at Wovershill, in the parish
of Barnwell, at about two feet depth a burial-place was dis-
covered, whence seven bodies have already been exhumed,
some of them in excellent preservation. The coffins contain-
ing them were in good condition, and made of burnt clay,
about three inches thick, and dovetailed together, something
on the same principle as is now adopted by carpenters.— Wilts
Independent.

ON THE BANKS OF LOCH LOMOND.

The march of intellect, or of improvement, or of both,
for ought we know, will not be doubted in reference to
many of our learned pursuits, but in none is it more con-
spicuous than the profession of an auctioneer. Half a
century ago, or even longer, when Skinner took the lead
and before his time, when Langford and Cock presided
over the destiny of Auctions, and more especially of the large
Auction Room, under the Piazza (for many years past
Mr. George Robins's), how different was their style of
announcement to the present day. In the year 1741, and
on the 25th July, we have before us the Daily Advertiser,
which announces by Mr. Cock, " For sale by auction, a house,
situated on Weston-green, with five rooms on a floor, fitted
up in the genteelest manner, and in the middle of the gar-
den is a fountain, and at the bottom is a mount walk. The
Cobham stage-coach goes by the door, and no place is
better supplied with provisions of all sorts." Another an-
nouncement is thus headed :—" Deferred, by reason of the
holidays, to the Ist of May, when the dwelling-house and
furniture of Lady Lambert will be sold in Clarges-street,
Piccadilly, by Mr. Langford." Again—" This day, Dec.
9, 1741, begins the sale of several thousand volumes of
books, which will be sold very cheap, the lowest price
being fixed on each book." Another has a little variation,
it begins—" To be sold by public auction, a very large
collection of books, which will begin to be sold cheap, the
lowest price being marked on each book." We have before us
twenty more such curious specimens of by-gone days, while, at
the same time, we see in our own columns this evening one of
the new school—Mr. G. Robins's description of " the Castle
of Tullichewen," nn the banks of Loch Lomond. Our readers
will be rewarded if they peruse the advertisement entire—we
have only room for two or three scraps, viz. " It is one of the
finest specimens of Gothic architecture, within five miles of
the gigantic rock and fortress of Dumbarton, and on the
most interesting point of the Clyde ; it stands proudly in a
finely wooded park, overlooking the most magnificent
scenery of Scotland, and altogether commensurate to the
legitimate claims of Scotch and English hospitality ;" but
the following delectable bit we will not spoil by any abre-
viation

"Such is an imperfect outline of a few of the prominent
attributes to which this famed property puts in an irre-
sistible claim. The difficult task, however, is still in abey-
ance—to pourtray in suitable language the surpassing
beauty of the splendid scenery, embracing the lovely Loch
and lofty Ben Lomond (the greatest features amid Scot-
land's never-ending splendour and variety) is an undertak-
ing to which the humble individual intrusted with the con-
duct of this sale feels most acutely how inadequate he is to
the duty that has been imposed on him ; his chief relief,
nay, ' his main stay' (if he may be permitted the observa-
tion), arises out of a reminiscence that even Scotia's own
Bard found himself in the same dilemma. All those who
have not partaken of the good fortune to sojourn amid the
beauteous scenery before alluded to, or to behold Loch
Lomond sleeping in the arms of her hundred hills by the
light of a September moon, he would invoke with all humi-
lity, yet earnestness, to search for what the greatest novel-
list of by-gone days has said of the most beautiful of all the
Caledonian Lakes. The magic touch of his never-erring
muse must awaken a sensation first to see and then to pos-
sess the great leviathan of this vicinity, _
' So wondrous wild, the whole might seem
The scenery of a fairy dream.'
Next in our kind remembrance is Ben Lomond, which will
necessarily partake of its due meed of praise. This moun-
tain, like Saul amidst his companions, o'ertops all contem-
pories. The valley, teeming in wild fertility, relieved by
pastures and corn land, and varied by all the softer beau-
tics of nature, completes a scene which can only be appre-
ciated by ocular demonstration."

RICE OF SUGAR.

COMBINED EFFECTS OF COUNTY AND OF MONOPOLY.
Taole showing the ex-siuty price of West India Sugar in Mincing.
lane, and comparing the same against the price of foreign sugars :
London, Oct. 19, IS3S.
The Gexate this day quotes tho average price of British Per cwt.
Plantation Muscovado Sugar, exclusive of duty, at 3ls. 10Id,
Muscovado Sugars raised by free labour in the Manilla are
worth this week at from 20s. to 21s. per cwt., being Si. 6d.
per cwt. less than the average price of West India Sugar.
The bounty on refined Sugar haviag been reduced to 355. Bd.
per cwt., no sales for exportation have been effected thin
week in that article.

This reduction still leaves a clear bounty—allowing Is, for
the poisonous dirt contained in the Musco►ado or moist
Sugar—and which is extracted from it by the process of
refining of
103. Sd.
British Treacle is worth Vs. per cwt. in the foreign markets. The
same has been sold this day in London, free of duty, at 265. 6d. per cwt.,
being as excess •f price paid by the British consumer of 17s. 6d. per
cwt., in other words 17s. 6d. per cwt. on Treacle contributed by the poor
man towards West India Bounty, and not, as it is erroneously supposed,
towards revenue.

COFFEE.—The duty on \Vest India Coffee, the price of it ranging
from 100 s. to 130 s. per cwt., is 565. per cwt., about 50 per cent. ad
valorem.

The duty on St. Domingo Coffee, the average price of it being 435.
per cwt., is 140 s. per cwt., or about 300 per cent, ad valorem. The
protective duty, therefore, on West India affee is equivalent to 2be
per cent.

! COVENT-GARDEN THEATRE.—A new melo-
dramatic piece, somewhat after the German school, and inter-
spersed with new music by Loder, was brought out here last
evening. It was from the pen of Mr. Serle, and had in it
some good situations, and one or two bursts of poetry and pas-
sages of effective dialogue. Had it been much shorter it might
possibly have been more effective than it was. The drama
was fairly acted— Vandenhoff, Warde, Anderson, Harley,
Bartley, and Mrs. Warner, taking the principal parts. 111:s.
Warner had, however, nothing to do at all, and Vandenboff
nothing effective, but Anderson played a difficult and danger-
ous part with the greatest discrimination and tact. He has
given us a high appreciation of his capabilities when oppor-
tunity shall come. The operatic characters were filled by Miss
Rainforth, Miss P. Horton, and Mr. Fraser. And there were
one or two pretty episodes of melody in the music, which, ge-
nerally, however, was not of an original character, but reminded
us of Fra Diavolo more than it should. The overture was
encored, but we could trace imitation too in that. We hope
soon to sec a more brilliantly successful effort from Mr. Serle,
who is both a clever author and an estimable man. There is
a new comedy at Covent-garden to-night, and we find Othello
announced for Thursday next, with this striking alteration of
cast, that Vandenhoff plays the Meor, and Macready takes the
part of lago.
Last night a lengthened inquiry took place at the
Rose and Crown, Crown-street, Soho, before Mr. Higgs and
a respectable jury on view of the body of Anne Harris, aged
23, a married woman, whose death was produced by a wound
alleged to have been inflicted by her husband with a last-
maker's knife. The shocking occurrence had caused a great
sensation in the neighbourhood. A surgeon stated that the
woman had died from inflamation of the membranes of the
brain, occasioned by a wound. The deceased had told him
that the wound was done by her husband with a last-maker's
knife, but that it was by accident, and not intentionally. The
knife was produced ; it was nearly a yard in length and of
great weight. William Harris, brother-in-law to the deceased,
stated that he was in company with his brother and the de-
ceased, in the Seven Dials, when the occurrence took place.
The deceased and her husband were walking together. The
latter was carrying the knife over his shoulder. Witness was
behind them, when he heard some one exclaim "Oh I" On
looking round he saw the deceased with blood streaming from
her head. She was taken to a doctor's and from thence to
her home, in Crown. street. They had not been quarrelling.
I consider that it was an accicent. After other evidence had
been heard exonerating the husband, the jury returned a ver-
dict of" Accidental Death."

On Saturday week a man named Thomas Garlick,
while working in the garden of Mr. Byron, at Kersal, saw
two men in the orchard shaking the_ applestreett air business,ndpoeket
pocket-
ing the apples. He shouted to them to
ask
toward
and they crossed a fence, and ran the river Irwell,
which is a short distance. He pursued, and saw them pro-
ceeding along the banks, until they came within sight of some
nee of them; they then stopped,
reapers in a core field in ada
and one of them jumped intov the river, and soon got to the
•
other side; the other hesitated, but at length jumped in too ;
and when he had got about two-thirds over it was evident
that he had got into deep water, and could not swim. One
of the reapers went into the river to save him ; lmt the
drowning man grasped him so convulsively that he became
alarmed for his own safety, and left the man, when he almost
immediately sunk. A grapnel was immediately procured,
and the bodbyut was
wass taken out of the water in seven or eight
minutes ; lifextinct—the usual means being used
for restoring animation, and failing of success. In the mean-
time his companion, taking advantage of the attention of every
ne being drawn to the drowning man, took himself away
no one knew where, or who he was. An inquest was held on
the body of the deceased on Monday, when it was stated that
his name was Thomas liesford, that he was 23 years of age, a
dyer by trade, and lived at Kersal. The jury returned a ver-
dict of " Accidental death. "__Blackburn Gazette.
So abundant is the crop of nuts this year, that upwards of fifty sacks were pitched for sale in Yeovil
market
last week, which were disposed of at from 6s. to 7s. a sack.
_Wilts Independent.
It is not generally known that the seed of the sun-
flower is one of the best and most nutritious foods that can be
found for fattening poultry and pigs. Great use is made of it
in France for fattening their delicious capons and poullards. It
also makes a very goo pudding.— Wilts Independent.
On Thursday night last, between the hours of eleven
and twelve, a splendid specimen of the aurora borealis, more
popularly called the Northern Lights, was observed in the
northern hemisphere, and attracted considerable curiosity.
From the town of Woolwich and adjacent places, Plumstead,
Charlton, and Greenwich, it had the exaot appearance of an
extensive conflagration in the metropolis, and a great number
of persons actually proceeded in search of it. This appear-
ance, at such an early period of the year, is an indication of a
severe winter.

FOREIGN GRAIN, LEITI-I.—The following; is an
abstract of the quantities of wheat taken out of the bonded
warehouses in Leith, from the 7th of September, 1838, when
the " ports" opened, to the present date :—" At the duty of
Is., 82,963 quarters ; at the duty of 2s. Bd., 9,367 quarters ;
at the duty of 10s. Bd., 2,365 quarters—total, 94,695 guar-
tors." It is expected there will be no addition to the above
for some time to come, and there has been no grain taken out
for more than a week past.—Edinburgh Journal.