The Sun.
London, England, 1823-01-29 00:00:00

KING GEORGE IV.'s ACCEOSlONT.—lielithiv at the Bank,
Exchequer, East India and south Sea Houses.

PRICE OF FOREIGN STOCKS:IN LONDON, JAN. 29,
AT ONE O'CLOCK.
French Five per Cents. 80.
• .-1 Six per Cents. 00.
• Russian Five per Cents. (Metallic) 00.
Neapolitan Ditto New 7-t..
5 Five per Cent. Bonds, 89. .
t Scrip, 72A. ...
Austrian Five per Cents. (Metallic) 00.
Five per Cent. Bonds, 44.
Spanish New Ditto, 40,1.
Scrip, 25 disc.
Prus4ian
t Five per Cent. Bonds, tilil.
.1. Ditto New, 751.
Danish Five per Cent. Bonds, 79.
Chili 70. t.
Colombian • Six per Cent. Bonds, 53:1i.
Peruvian New Loan, 00.
f Bank Shares £2l 04-
.) Six per Cent. 90-98 A.
American
1 Five per Cent. 95-9 ti.
Three per Cent. 70.
-...0.--.

PRICE OF IRISH STOCKS JAg.25.

Bank Stock 047 i
Goy. Deb. 3,1 per cent.... 910
Stock, :ii per et.. 90 891 t
Goy. Deb. 4 per cent......
Gm Deb. 5 per cent.
—Stack, 4 per cent....V9
Treasury Bills, 5 per cent.
City Debentures, 5 per

Grand Canal Loan, d p.ct.
6 per cent....
—DittoStotic
Royal Canal Stock
Wide-street Cert. 6 per rt —
Do. Deb. with Gov. See—
Pipe Water Deb. 3 per et
Do.
Ballast Office govt. Sec.
per cent.
lon, Jan. 24, par.

cent.......
.ying in Hospital 4 per et.
Exchange on ban

HMO WATER AT Laig
IlinminF, 82 minutes after 4. I.

iIRIDGE TO.MORRONV,
.Evening, 49 minute,' atter 4,

THE SUN.

SOLEM QUIS Piet:RE Fdl.•tiU9! AVDE.IT ?

LONDON,
WEDNESDAY; JANUARY 'l9, 1823.

[FROM A CORRESPONDENT.]

STOCK EXC 11A NG E, MY:past Twelve &Clock.-
The Expresses u ere in early this morning, and

was soon known that the French Funds had
fallen. They have brought Monday's prices at
781. 15e. and Spanish Bonds 41., in consequence
of which Consols opened at 78k, and Spanish
Bonds at 44, but fell to 404-4(4-40:. The
general opinion prevails that the outlines of the
French Speech was known at Paris on Monday
afternoon, and that it was not so favourable as was
first expected. Great exertions are still continued
to reinforce the Army of Observation. A great
deal of business has been done this morning, and
there were some good buyers. A report prevailed'
that a New Spanish Loan had been taken by a
Spanish house in the City, but on further en-
quiries we cannot trace it to any authentic source.
Expresses are coming in from,Parls almost every
hour, but no positive information can as yet be
obtained in regard to the French Speech. Con-
sole are,up to this hoar 761.

To•morrow we shall he able to lay before our
Readers a copy of the King of FRANCE'S Speech.

On the eve or receiving a document which the
present circumstances of Europe render of so
much importance, we venture to pronounce, that
it will not put an end to the anxiety and incer.
titude of the public mind on the subject of Peace
or War. It will be found to express dissatisfac-
tion with the political condition of Spain, to declare

that it is necessary for France to continue her
treasures of precaution, and to hold out vague
threats of ulterior proceedings, if the state of
things in Spain should remain unaltered ; but we
believe that it will not explicitly announce whe-
ther France is to go to war or is to remain at

peace. In this respect, there will not be much
difference between the Royal Speech and the
Note of M. de VILLELE, or the ambiguous
Articles of the Journal des Debuts. The very
continuance of so much ambiguity, however,
during so long a period, and especially after
Spain has declared that she is determined not
to alter her institutions, is sufficient evidence
that the expected resolution of the French Go.
vernment,' in favour of war, is very doubtful. It

is improbable that France will be furnished 1
with any new motive for hostilities. On the
contrary, delay, by enabling Spain to increase
lu preparations for defence, and to strengthen
herself both at home and abroad, must, by lessen-
ing the chances of successful attack,render the pre-
jest of passing the Pyrennees more and more impo-
-1 litic and dangerous. If the French Government,
therefore, were really determined on the invasion
of Spain, it would declare war immediately. It
has much to lose and nothing to gain by procras.
tination. It is true, that the KING'S Speech will
declare that there is a necessity for increasing the
army ; and that the Chambers will be asked for the
requisite supplies. If the supplies should be with.
held, there is an end,of course,to all speculation on
the danger of war, with the obstruction which the
decision of the Chambers would present to the
military preparations of France. There can be
little doubt, however, that the supplies will be
granted, though not without formidable opposi-
tion. Hut even it the Army of Observation
should be swelled to twice its present force, it is
so obvious that that krmy has hitherto been used,
and that it may contioue to be used, merely as
an engina of intimidation to the Spanish Consti.