The Sun.
London, England, 1840-11-17 00:00:00

POST.—There was nothing of moment to attract
attention at the Stock Exchange till towards the close
of business. About three o'clock, however, a great
scarcity of money was suddenly felt, and as much as 7
per cent. per annum was offered for the loan, from one
day to another, of a considerable sum, in connection
with the business of the market. This was upon the
deposit of reduced stock. Even a higher rate would
probably have been established had there been time to
enter into further negotiations, though no positive
cause was assigned for the difficulty of obtaining ac-
commodation which had so unexpectedly manifested it-
self. It may have arisen, it is thought, from an ap-
prehension that the Bank directors will be compelled
to exercise a still greater degree of rigour than they
have yet evercised, in order the more effectually to
arrest the drain upon them for the precious metals.
The returns published on Friday last show. that
the stock had diminished to a point that should
suggest the necessity of increased caution. The
exchanges with the Continent, though a little upon
the advance, are still against this country ; but it is to
be recollected that we have advices of new loans being
about to be contracted for the use of several foreign
States. Holland and Belgium are both preparing for
the emission of more bonds. Brazil is also looking to
the capitalists here for a further supply of money.
The same may be. urged of Turkey, Spain, Portugal,
America, and even France. It can hardly be said
that we have at all exaggerated the evils of the system
of foreign loan jobbing, as it has been carried on for
years. With the exchanges in the state of depression
in which we now find them, with a stock of bullion
somewhat under four millions sterling, and with a very
circumscribed 3xport trade, it must be evident to the
most superficial observer, that the Bank have difficul-
ties sufficiently formidable to contend with, indepen-
dently of the perpetual inundation of Foreign Bonds to
which they are exposed. The want of money that ex-
isted to-day may have been caused in some measure by
the approach of the first transfer-day of the week.

HERALD.—The Palmerston policy has made rather
more rapid progress downwards to-day than before) which
will not be pleasant news for the Globe editorial, which
staked his reputation on a" rise" in the Funds. For Consols
fell to 89i for money and account, which leaves the
Foreign-office at a discount of per cent. upon Satur-
day's quotations. As the ingenious person in the left
Strand, who assumes to fathom the Stock Exchange,
and risk the frail fame of his patron on the issue of
stock gambling, must from repeated failures in his art
have learnt, unless past teaching, to be less presuming
in his ignorance and more careful of his hero, now con.
fessedly et a discount, it will not be necessary to mark
scores against him for the future, unless upon extraor-
dinary occasion. India Stock improved to 239 to 240.
Bank Stock 159 to 160. Exchequer Bills Is. discount
to Is. premium.

Money was a good deal in demand on the Stock Ex-
change to-day. Private letters from Paris note that
notwithstanding the active exertions and large purchases
of some leadinr, capitalists to support the market the
tendency of the funds was still towards a decline. One
leading loan operator displayed considerable anxiety to
keep prices up, or cause an advance, with a view to
move off the Belgian loan lately taken for 60,000,000
francs, or 2,400,0001., which hung heavy on hand and
found little or no favour among speculators or the pub-
lic. The price at which this loan was taken, or at
which offered, for the point is not very clear, was 97}
per 100, a high rate assuredly under any, but more espe-
cially under actual circumstances.

SUN.—The Funds closed heavily, being acted
upon by the scarcity of money in the Stock Ex-
change, and the nxiety for further intelligence from the
East respecting the expected conflict with Ibrahim
Pacha.

Consols left off at 89 to k both for the transfer to-
morrow and the 26th, inst. Exchequer Bills, were 2
prem. to par ; Bank Stock was at 160 ; India Stock
rallied to 240 ; and the New Three-and-a-half per
Cents. realised 983 to I.

The half-monthly settlement in the Foreign Bonds
was effected to-day, and this caused the quotations to
recede a little, but subsequently, as there was no mate-
rial difficulty experienced among the jobbers, the market
rallied a little. The intelligence from Madrid was not
of importance, though considered by some to be a little
more favourable. The Active Spanish Bonds ranged
from 23,-7 to 23} ; Portuguese New Five per Cents.
brought 36 to 35k; and the Three per Cents. 22f to
23. The Committee of South American Bondholders
have had an interview with the Commissioner of Vene-
zuela, who, pursuant to instructions received from his
Government, has determined upon accepting the amended,
propositions adopted by the Bondholders at their gene-
ral meeting some time ago, and this has caused a rise in
the Bonds from 25 and 254 to 264 ; Mexican Consoli-
dated Stock was rather lower, namely, 29:,1- ; Russian
Bonds alternated from 112.4- to 113 ; Dutch Two-and•
a- Half per Cents. were at 51 to 4 ; and Belgian Three
per Cents. at 7].
There was not much business doing in the Railway
shares to-day, and the current value of those dealt in
was not so high as on Saturday. The Great Western
old shares realised 19f to 17f ; the New 7 to 7f ; the
tFeirl
nt h
143 tio
toi ; tlhe 3i Birmingham 785 r ; a
h andt the
nnshares ares South
wereWe
s-
at
13 ; Blackwell at 41 ; Midland Counties at 27 ; and
South Eastern at 8f discount. Provincial Bank of
Ireland shares were 191 premium.
The following is an extract of a letter dated—
" Riviere du Loup, Oct. 20th.

" The whole of the American exploring party, with
Professor Renwick, are now at Lake Temisconata ;
they pretend to have found out some highlands near the
Zoodelick Lake, which adjoins Ternisconata, by a river
of the same name.

" Captain Hawkshaw, R. E., and Mr. Harvey, (son
of Sir John Harvey) have just started in company with
Lieut. Broughton, R.E., one of the Commissioners ;
they are going to Quebec for a day or two. Mr.
Featherstonhaugh remains here, and joins Lieutenant
Broughton at Riviere Ouelle, which they hare to ex-
plore, when they close their labours for the winter.'

l‘lr. C. and Lady Elizabeth Dickens ate passing
the winter with the Dowager Marchioness of Northampton,
at Coolhurst.

No. 39, ALBEMARLE-STREET, PICCADILLY
()pros= THE YORK HOTEL, AND No. 76, KING WILLIAM-
STREET, BANK OF ENGLAND.—From Henry Cowper, Esq.,
of Tewen Waters, Herts, to Messrs. S. and B. Solomons.-
-Gentlemen, having been deaf for many years, I was
induced from recommendation to try your Invisible Voice
Conductors, and I have great pleasure in telling you that
they enable me to hear persons in company and at a place of
worship most distinctly; and in consequence of the great ad.
vantage which I have derived, I have recommended many
persons to you, and I am happy to state that their report is
similar to mine, most favourable. The Spectacles and Hand-
glass which you have sent me are very excellent, and suit my
sight precisely, and surpass anything of the kind I have ever
tried ; the transparency of which is so brilliant, that although
I have passed my 86th year, the 22d of May last, yet they en-
able rr e to read, &c., by candle-light with the greatest ease
and comfort to myself.—Gentlemen, I return you sny best
thanks, and remain your most obedient servant, Ils:Nnv
Cowraa.-22d of June, 1839.—The Messrs. Solomons state
that there are numerous persons in London and in the country,
as well as in Ireland, assuming the name of Solomons, who
have endeavoured to imitate their Invisible Operative Voice
Conductor and newly. invented Spectacle Lenses,. but the ma-
terials being a secret to themselves, and the various mode of
their application to the eye and ear not being known to them,
their spurious imitations have therefore been found to be use-
less. The Messrs. S. have no connection with persons of
the same name : their valuable inventions are solely confined
to their Establishments, 39, Albemarle-street, (opposite the
York Hotel), and 76, King William-street, Bank.