The Sun.
London, England, 1841-05-17 00:00:00

FROM THE MORNING -PATERS _OF SATURDAY.
CHRONICLE.—Money is very scarce on the Stock Ex-
change, and much wanted, the rates given for short periods
being folly 6 per cent. Consols for the Account are quoted a
shade lower than yesterday, but busiress is limited; the clos-
ing price was 89i. to which was the only quotation through-
out the day. "In the House" to-day the business has been
chiefly confined to the settlement of accounts in foreign seems
r'ties. As some of the unitiated may, perhaps, throw a glance
over this department of our columns, it is right to explain to
them that the City folks, besides the Solons of Guildhall,
have " a House" of their own as well as the great dons
in the West. When we speak of the latter it is usuall
distinguished here by the proper appellation of " Parliament,"
or " the House of Commons,' for " the House," par excel-
lence, in the phraseology of Threadneedle-street, always means
the :Stock Exchange. Well, .‘ in the House" to-day, the mem-
bers have been busy settling their accounts, and we suspect
that some of them must have been rather sore at the low figure
of Spanish Actives, which still hang fire, notwithstanding the
Regency of Espartero, but they will, no doubt, move up a
peg when people have time to think more about it, and know
which of the rival companies now performing every evening in
St. Stephen's chapel are to have the handling of the loaves
and fishes. Speculation must be at a stand still until that
affair is finally settled.
TIMES —The business of the day in the Cunsol Market
was of an unimportant character, and the fluidnations in price
a mere shade above yesterday. Money was, however, in gene-
ral request both here and in the Foreign Stock Market, and
6 per cent. was paid for short periods on the deposit of Go-
varnment Securities, but it did not further arect the value of
Exchequer Bills, which were finally quoted, at yesterday, 3s.
tops. premium.
fhe inquiry for money to assist the settlement of the half-
monthly account in the foreign securities would not have been
much felt, the account itself being of limited character,. had it
not been fur the gradual absorption of capital within the last
few days in the English market, which, producing, as it has
done, a comparative scarcity and a corresponding ad.ance in
value, makes the fact more evident than when an easy state of
things prevails. As in the Share Market yesterday, the incon-
venience, if any, was soon surmounted, but it tended to de-
press pri ear&
The supply of hills on Ha :burgh having rather exceeded
the demand, a consequent improvement took place in the rate
of exchange on that place. Amsterdam was also rather bet-
ter, though in a more trifling degree. Paris may be considered
the same as last post.
At a meeting of the Joint-stock Banks. the country private
bankers, and the representatives of the Scotch Banks, held a
few days ago,- it was resolved that the meeting would co-
operate in resisting every attempt to interfere with a system
of issues and circulation which they considered conducive to
the public interest in their respective localities, and to the
prosperity of the various banking establishments throughout
the United empire.