The Sun.
London, England, 1840-05-20 00:00:00

EVENING EDITION.

METROPOLITA.N

VE ITE N

the Morning Advertiser.
Our readers roust have seen in our Paper yesterchiy
advertisement from a Company whose, claims upon pul.,;:c
Attention we have not hitherto noticed, and did not notie,,
first, because we doubted, along with many others, equal!!
sceptical with ourselves, the soundness of the principles
its operations ; and, secondly, because wo looked upon
as an ephemeral project, like the asphalte and biture-e
bubbles, which would have its day, and burst, as they
when attempted to be applied to practical ptr.poses—.ee
mean the Metropolitan Wood Pavement Company.
Compan; has been in existence, we believe, during the last
twelve months ; and experience, as far as it has go•,e.
proves that we were mistaken in our anticipations. Tlio
pavements laid down by the Company are to be seen is
almost every part of the metropolis, and have fully verified
almostevery exp4,etation he:d out by its Directors.
blocks are so firmly united together as to be rendered i• ;-
movable, except by the application of mechanical power_
all noise and dust are avoided; and farther—what was
first apprehended would not be the case—tbe pavement
not slippery. These facts arc borne witness to, not only
two eminent surveyors of favements who have thorougi*r
examined there, but by the Commissioners of Woods cld
Forests, with whose approbation a splendid specimen of the
works of the Company has been laid down in Whiteh,
Whether it will he equally permanent with stone pave-
ment remains to be seen ; and we should also like to knote
whether, as the public are greatly interested in the result
' of the experiment, the charring and pitching of the under
port;ons of the blocks would not contribute to hair
durability ?

MONEY MARKET and CITY NEW

(TUESDAY EVENING.)

TIME S.—By the advises from Hamburgh the pries of
gold is 429 per mark, which, at the English Mint price of
31. 17s. lOid. the ounce for standard gold, gives an ea_
change of 13.7, and the course of exchange at Hamburgh
on London at short being 13.51, it follows that gob. is
0.59 per cent. dearer at Hamburgh than in London.
The prerniumlon gold at Paris is 9 per mille, which, ct
the English Mint price of 31. 17s. 100. the ounce for
standard gold, gives an exchange of 25.39, and the
change at Paris on London at short being 25.27 k, it fol.
lows that gold is 0.46 per cent. dearer at Paris than
London.

The course of exchange at New York on London iz
108 per cent., and the par of exchange between England
and America being 109 23-40 per cent., it follows that the
exchange is 1.57 per cent, against England.
By the usual official return published by the Customs.
the exportation of the precious metals to foreign and
colonial ports for the week ending the 14th inst. is as
under .

Oune(s.
Silver bars, Harnburgb 6h,958
Silver bars, Rotterdam 5,000
Silver coin, 1-12mburgli 30,000
Silver coin, Rotterdam 5,000
Gold bars, Rotterdam

POST.—The transactions in the Englab Funds %Nero
large to•day. Those who bad previously been going for
the rise were not sanguine as to the issue of the debate
brought on in the [louse of Commons last night by Lard
Stanley, and have accordingly proceeded to realize. A
decline in prices to the extent of from f to I par unt.
was the consequence.

The Foreign Market was nearly neglectttd, the English
funds and shares engrossing the almost undisided attention
of speculators.
In Shares there was a very extensive tra the
ways being still the favourite objects of spec alation. The
wild" work of which a contemporary spea ks, in allusion
to these interests, is fostered and promoted toy the low rate
of discount adopted by the money houses in Losol-srd-
street. They continue to do business at beast 3to 1 per
cent. below the rate charged by the Baria cf England.
We think it the more important to fix attention to this di:-
parity of the rates, and to the abundant supply of c4pital
that is afforded for improvident purposes, ras the continen-
tal exchanges are yet weak. There ca.: Toe no doubt that
we shall have a large amount of foreign !Ninds of diffcrent
kinds sent over for the purpose of being sold at the Lite
advance, in which case they (the excha abet?) will again
go lower.

SUN.—The excitement kept alive lsy the debate in
the House of Commons, has had an injurious effect on
the Funds to day, but prices did not leave off this after-
noon quite so low as they were at one part of the morn-
ing. Consols for immediate transfer were last mai keti
921 to t, and for time the same. For the July ac-
count the quotation was about 92-4 to 93. Excheqner
Bills receded slightly, namely, to 255. 275., but India
Bonds realised 45.. to 6s. premium. Bank Stock ;a-
mained firm at 176 k.
There was not a brisk market for the Foreign secu-
rities this afternoon, and the decline of the morning
was not recovered. Spanish Active Bonds were nez
done higher than 28i- to ; Portuguese New Five par
Cents. were dull at 351; Mexi can dropped from i.;:2
to 31 ; and the other securitieslvere without alter.
The Share Market was again very brisk, but in
instances lower prices were submitted to, thoulao
marked fall can be said to hare occurred. The Great
Western Railway Shares left off at 2Si, the New at
14 ; the Birmingham New at 26 ; the South
es-
tern at 133- ; the Manchester and Leeds at 21k, the
New at 11 ; the North Midland at 6, the New at i ;
and the York and North Midlana at 21 pramium ;
Birmingham and Derby Shares were at 11 ; the Great
North of England at 6 ; the Hull and Selby at ;
the Manchester and Birmingham at 5i ; the Midland
Counties at 6i ; the Northern and Eastern at ;
and the Brighton at 3-5- discount.
The rates of the Foreign Exchanges were this a:, e--
noon much the same es on last post day. Bills on P;u-i,z
were at 25f. 52ie. to 5.5 e. ; on Hamburgh at 13 8:„.;
9 ; on Amsterdam at 12 11 ; on Antwerp at 12 1 "i• ;
on Rotterdam at 12 1i ; and on Frankfort at 11
to -4.

Attention in the City is now turned to the expected
arrival of the Great Western steamer from New York,
whence same interesting news is expected relativ,.: to
commercial affairs, and probably we may receive fqrther
information on the subject of the boundary question.