The Sun.
London, England, 1841-06-11 00:00:00

Tri. E S !TN, LONDON, f lit ID AVI srysrE ii, !.=1:1.

WhigPCi;•e, word against L rd CotTENHAM. jnd
yet they put on a great practica!
It. is clontary thL,t men. in •;!, ,Hd
have the powe, of wakiu
Lord CorrExtrAm hasficxercii;ed his p4,)wer most
carefully, and there was no reason whatever to
insult him. Probably, since the time of Lord
Chancellor SHAFTESBURY there is no other
instance of a House of Commons having so be-
haved to the first Judge of the land. And
such a Judge ? The whole legal profes-
sion affirm that a better or more upright
Judge never adorned the Bench. It must
add to the shame of the House of Com-
mons, if that body be sensible of such
a human feeling, to reflect that it perpetrated
this insult at the suggestion of an envious rival,
who " hates that excellence he cannot reach."
That Sir E. SUGDEN is totally destitute of all
moral and physical dignity, and therefore hates
them both when united in another, is not a good
reason why the House of Commons should
wantonly outrage the first Judge of the land.
The public, however, will appreciate this arro-
gant, insolent conduct of the Tories, and take

good care that they shall never have the power
to exhibit their hateful characteristics as Minis-
ters of the Crown.

It is delightful to see Lord BROUGHAM
again at his post, and devoting his transcen-
dent talents to the cause of the people. As
might naturally be expected, the Orange Tory
prints have commenced to abuse him, and the
Standard goes out of its way to inform its
pious readers that he had the profaneness to
travel on a Sunday. Lord BROUGHAM, from his
first entrance into public life, has been the friend
and advocate of popular rights; and as such has
been looked upon with an " evil eye" by the
aristocracy. Will the elegant and accomplished
WAnwicK.venture, in his presence, to amuse his
fellow Peers with sneering at the ignorance of
the people ? It is a well known fact, that the
clergy and aristocracy never forgave BROUGAAM
for forcing on a reluctant Government the
commission to inquire into the abuses of
public charities. The scandalous disclosures
that thus were made exceeded all belief;
and there were numerous instances of re-
verend and titled plunderers, and rotten Cor-
porations, quietly pocheting the funds bequeathed
by benevolent persons for the education of the
children qt. the Poor. In his celebrated Letter
to Sir SAMUEL ROMILLY, which was republished
in the lath volume of the " Pamphleteer," No.
23, he thus describes some few of those iniquities:
" We were equally unable to ascertain how
much in value of the St. Bee's school property
remained in the hands of the Noble Lord,
who sustains in his own person the double cha-
racter of trustee and lessee. It was in like man-
ner impossible to estimate the arrears due to the
poor from the worthy Magistrates of Hunting_
don, and the noble family whose political interest
in that borough has been founded upon the mis-
application of the charity estates."
Who can wonder, after this, at the dcsperate
struggle the Tory Peers made in 1839 to prevent
the Education of the Poor, when they had dis-
covered so much more profitable a way of em-
ploying
the charity funds ?

The subjoined late and rather important news from
Spain, has reached London, by an extraodinary expross
from Paris, dated yesterday :

MAnnin, JUNE 3.--A new Commission has been again
named, for taking into eonsideration the establishment of banks
in the provinces, for the purpose of furnishing funds to the
agriculturists at a fair rate of interest. The Minister of Fi-
nance has not yet succeeded in obtaining any advances from
the different capitalists, the latter trying to drive too hard a
bargain.
The resignation of this Minister is talked of, and although
merely a rumour, the funds declined yesterday to 261/2 for cash,
at which price they remain to-day.
The Ministry has just received a check in the Chambers.
In spite of their opposition to it, the Cortes have adopted, by
82 against 52, the project of the Commission, to the effect that
Senators holding situations under Government shall not receive
any salary during the session.
The Member Lopez has resigned. M. Calatrava has been
named Senator. 'I he health of the young Queen does not im-
prove. The Council of Regency, and the guardians appointed
by Ferdinand's %, ill, in case of at.y unforeseen event to the
Queen-Mother, have put in their claim to the guardianship.

By an Extraordinary Express from Paris, we have
news from that capital of Wednesday's date. Mar-
shal SOULT will discharge the duties of his office
during his temporary sojurn in the country, for the
benefit of his health, by means of estafettes. lie will
be accompanied by his son, the Marquis of DALMATIA,
who will not proceed as Ambassador to Rome until his
father's health is restored. The absurd trepidations of
the National and the Gazette de France, on the
score of the existence of a Turkish partition treaty,
signed by England, Russia, Austria, and Prussia, are
very properly ridiculed by their more sober Contempo-
raries.

The Paris Journals of Tuesday add little to the intel-
ligence of the same date received on Wednesday by Ex-
press, and published in the afternoon Edition of The Sun.
Marshal SOULT'S good humour has been restored by the
appointment of his son, the Duke of DALMATIA Am•
bassador to the Court of Rome. The illustrious Mar-
silal will therefore remain in office for the present. Ac-
cording to a statement in the Constitutionnel, the Cabinet
has not come to any resolution touching the summoning
of the Deputies to Paris to adopt the Peers' Amendments
upon the Recruitment Bill. The Courrior Francais
states Marshal SOULT will go into the country for a
fortnight to vicruit his health, during which time he will
transact no business whatever. This will lead to the ap-
pointment of an tinder Secretary of State of the W
Department.
it would appear from the following article, which we
conyp from the National of Tuesday, that the closeness
of the alliance between England and Russia begins to
excite serious alarm in France.
All Paris has been in excitement to-day. in consequence of
extremely serous reports relative to the attitude of Russia and
England with respect to France. While M. Guizot was en-
deavouring to re-enter the European conference, the work of
the Treaty of July was continued in the East, by the manoeu-
vres of the two courts, which divide the influence in that
quarter. Thanks to England and to Russia, thanks to both of
them, the work of decomposition which is gradually dis:solving
Turkey, is every day penetrating deeper into the heart of the
empire. One insurrection follows another—every thing seems
to be giving iv:iv, every hour shows some new ruin. There
is nowhere any aehority that is respected. Accordingly
Russil, which tees the Z.'onclusion approaching, which it has
long expected, has comie+hended thetha
tit
pawratistionneceosusgahryt
to make haste. It conceives that
to be immediately thought of, but it loes not ale the ne-
cessity of admitting France to this partition. Its meaning is,
that things should remain, with respect to the East, in the si-
tuation in which they were placed by the Treaty of the i..`!11 of
July. Four Powers treated : therefore, four ought to regu-
late the sequel of the treaty. It is said that a note to this ef-
fect has been addressed to England, which immediately re-
flected and found all kinds of excuses not to sign the new pro-
tocol. Thus, the principle of the Treaty of the 15th of July
would be applied even to the question of partition. England
and Russia, it is said, are to have the lion's share. Austria to re-
ceive servia and a part of the Danubian provinces. Prussia to
obtain something in another quarter. Such are the reports
which have obtained great credit to-day. We believe that they
are much exaggerated, but it is certainly not impossible that
England and Russia strengthen their alliance, and cement it at
our expense. We shall return-to this subject.
- - -

We can assure the National, that England has not
the remotest intention of following up the Treaty of July
by a partition treaty. There is a page in the histcry
of the relations of Russia, Austria, and Prussia, towards
Poland, which Great Britain will be the last to quote as
supplying an example for the imitation of civilised States.
The following are extracts from the papers :

A son of the Duke Decaze left Paris on Monday with de-
spatches for St. Petersburgh. It is said that the object of his
mission is to understand the reasons of the delay given to the
signatures of the treaty said now to be under consideration in
London.
Queen Christina, of Spain, now at Paris, is said to be em-
ployed in writing a sketch of her political life, to be entitled
" Eleven Years' Reign."
The Conunerce says that—
" The King of Sardinia, by an ordinance dated 11th May,
has charged his Legation at Constantinople to create imme-
diately two sanatory establishments—viz., one at Constanti-
nople and The other at the Dardanelles. This measure is in-
tended to facilitate the navigation.of Sardinian ships trading
with the Russian ports of the Black Sea, and of the Sea of
Azoph. In this view the Sardinian vessels are to stop on their
passage. by the two straits at the two new sanatory establish-
ments, and, avoiding all communication with the Turkish
ports, will obtain a considerable diminution of the quarantine
prese; ibed. This wise measure is worthy of being imitated by
the French Government."
A letter from Florence, dated 2Sth ult., in the Constitu-
tionnel, says that the Grind Duke of Modena has just granted
to the clergy privileges and franchises which have seriously dis-
pleased all the Sovereigns of Italy, not excepting the King of
Sardinia and the Emperor of Austria, and it is added that the
Empress of Austria has endeavoured, during her stay at Mo-
dena, to destroy the excessive influence of the clergy over the
mind of the Grand Duke. According to this letter the favour
shown by him to the clergy arose from his desire to obtain abso-
lution from the Pope for the offence of having hanged, without
the previous consent of the Court of Rome, a priest who was
implicated in the revolution of Modena. The Jesuits, who
were charged by the Grand Duke with the negotiation at Rome,
are said to have made it a condition of their success that he
should enlarge the privileges of the priesthood in his dominions.
The Gazette de France mentions the death of a gentleman
of Savoy, the last of the illustrious family of Allinges, leaving a
fortune 0125,000,000 f.

Gel.: ~. -4.7.1 1, 1' ir, - arcs 1 05 .. lrtri ..Irns
...10,15
-,..;- ' '-.1..i'., 0,',5 . 50,.5 ..:J.6.., .....16%
::o,,Nae f.-0,1-
.. „ ..... 770 ~ 770 .„ 70 ... 7 0
5 per Cents.
~,w Loa:, • 1:74 ... I. 1.4 ... .0.113.4 ... 14'144
4.. .. :43,.13 _. 1:414 ... .A, ki,
I,'•smiri: ..,.,. 5 - ... , • ~, ... 5 ~.,, ... 5,4
ve.,,,.1.....• +2BO
... 1,3 .„ ~.19', ... 0,3
1.,..,- ,tn lt.2 .. 111'2 ... 1 2 ... 10.1
,'A,i vi ~'7 SHAR..tb.
Ve nOl,-, ~.1, ... 195 212 5' ... 195 . •In
~ ti...... .........
louun 437 50 ... 4,7 50 ... 457 ...0 ... 457 50
1.11, !kali.. .
Itrasburf to Bale' 2i7 20 ...:30 ... 227 50 .. 223 'l5

MONEY and COMMERCIAL NE WS.
CITY, THURSDAY EVENING.

The accounts from the United States by the Britannia seem
to hold out a promise of some improvement in commercial
affairs ere long, but those from Canada are not satisfiotory,
though we trust they will by the next packet exhibit a better
statement. The question of the timber duties was absorbing
all attention in the provinces.
The funds closed rather firmly. Consols improved to 89
buyers for the opening. There was no transfer of money stock
after Qne o'clock. Exchequer Bills were Bs. to 10s. premium,
and India Bonds 3s. premium ; the Reduced Three-and-a-Half
per Cents. brought 973 to
The foreign securities were still neglected. Spanish Active
Bonds receded to 23 and 22;i, arid Portuguese Three per Cents.
to 19k. Mexican Bonds were at 27;1, and Cqlombian at 214.
Belgian stock realised 100.

Shares were dealt in to a fair extent, at the previous quo-
tations.

(From The Sun of Last Night.)
LIVERPOOL COTTON MARKET, JUNE 9.—A rather better
business has been done in the Cotton Market this day, the isles
comprise 2,500 bales, without any alteration from the previous
rates. For expert or speculation nothing has been done.
LIVERPOOL SHARE MARKET, JUNE 9.—The following
comprises the transactions as reported at the close of the Stock
Exchange to-day :—Eastern Counties, 8h ; Grand Junction,
201 ; Ditto Half Shares, looi ; Great North of England, 70 ;
London and Birmingham New Shares, 24k.
About ten miles N. W. of the Light Ship, at 4 the
Britannia steam-ship from Boston.
MANCHESTER STOCK EXCHANGE, JUNE 9.—Our business
to-day has been very limited, but little alteration in prices.
North Midland, 69 to 70 ; Ditto Halves, 34 ; Ditto Thirds, 6 ;
Manchester and Birmingham, 234 ; Great Western, 93 ;
Manchester and Leeds, 52.

We have received New Yurk papers of the 20th May, five
days later than last arrival.

hank of the United States.—The adjorned meeting of the
Stockholders was held on Tuesday. A resolution was adopted
accepting the provisions of the Relief Bill, and a.'reeinr, to come
under any laws which may hereafter be passed for the regula-
tion of banks. A resolution was also adopted authorising an
application to the Legislature for a reduction of capital, and a
change of thename of the Institution.

Sales at the Stock Exchange, May 19.-25 Shares United
States Bank, 1811; 25 do. do., lY„.
Sales at the Second Board.-50 United States Bank Shares,
19; 50 ditto, 19i; 25 ditto, 194; 25 at 19.
(From the Boston Papers of the 20th of May.)
NPLEOD. —The arguments before the Supreme Court of New
York in this case were terminated yesterday, but the decision of
the Court will probably not be made known until the last day
of the term, if so soon. The adjournment of the Court will take
place it is thought on Saturday, next week. On the Exchange
no alteration iu the foreign or domestic. No accounts of the
President.

We havereceived the Journal of Antwerp of yesterday's date.
BOURSE OF AMSTERDAM, JUNE 7.—ln general the price
of the National Funds is weak owing to some sales for Money.
In the Foreign Funds, particularly that of Spanish, the tran-
sactions have been insignificant. _ _

The great anxiety which prevailed during yesterday, owing
to the non-arrival o !the Britannia steamer, from Boston and
Halifax, has subsided this morning, by the happy arrival of the
above steamer at Liverpool, which has enlivened the spirits of
the merchants and underwriters at Lloyd's, as she was insured
yesterday at twenty-five thousand pounds.
The account received from Bristol, of the Osprey steam-
boat, of Waterford, having brought intelligence of her having
seen, on the Bth June, an unusually large steam-boat in dis
tress, off the Sallee Islands, has again caused great excitement
in the City, particularly with the underwriters, owing to its
being the pay day for the insurance upon the President steamer
at Lloyd's. . .

It is supposed, that in consequence of the intelligence from
Bristol, the payment on the insurance of the President will
be 'put off until further accounts have been received on the
subject.
The British rands continue in a dormant state, and Consols
opened at the same quotations as they left off yesterday, with
nothing doing to the present hour, 88/ 89; Reduced, 834 ;
Three-and-a-Half per Cents. Reduced, 973 4; Exchequer
Bills 8 10 prem., rather better; Bank Stock, 169 170; India
Bonds, par, 2 prem.
In the Foreign Market most of the prices are nominal at pre-
sent. Spanish Active as it left off, 231,; Deferred, 11A 4 ;
Passive, 5i A ; Portuguese, 33* A ; Brazilian, 67 63; Co-
lombian, 201, 21 ; Arexican, 27.1, Dutch Two-and-a-Half
per Cent 3., 521,( 3/I ; Five per Cents. 9916 100.
SitAitEs.—Great Western, 26 27 prem. ; New, 111, 124
prem. ; London and Brighton, 5 4,4 dis. ; Blackwall, 6A 6
dis. ; Birmingham, 67 69 prem ; Southlmpton, 541, 551
per share ; Croydon, 131/2 14 per share ; Greenwich, 74 81,
per shareLManchester and Birmingham, 17 16

PRICES OF SHARES THIS DAY AT ONE.
RAILWAYS. Paid. Per Share.

Edinburgh and Glasgow
Great Western

Ditto New
Ditto Fifths
London and Brighton
London and Greenwich
Ditto Scrip....
Midland Counties
North Midland
Ditto New
Ditto Thirds
PRICES OF IRISH STOCKS, DUBLIN, JUNE 8.
3 per Cent. Consols
Three and Half Stock 96 , Grand Canal Stock...
I
Ditto Reduced ... ,—..— Ditto Debs. ti per cent...
Ditto New, 1830;. .: 97 f Ditto 4 per cent ....
3i per Cent. Deh5.......81 9 ; Royal Canal Stock - I
The great excitement which to the present hour prevails in
the City respecting the large.steamer in distress off the Saltees,
has caused the Hon. S. Cunard to hare an interview with the
Lords of the Admiralty, who are also most anxious to ascertain
if it is the President steamer; in consequence of which, their
intention is to send a steamer in search of the supposed steam-
ship in distress. We just hear that the under-writers at Lloyd's
have put off the payment of the insurance on the President
steamer. .

Although there is no business doing of any consequence in
the British Funds to the present time, Consols continue firm,
with a trifling iinprovcmont; they are buyers instead of sellers
at 8811 81) for the opening, 16th of July; Consols for Honey,
891 ; Reduaed, 8%; Exchequer Bills, 8 10 prem. ; Bank
Stock, nothing done.
In the Foreign Market little or nothing done. Spanish
Active lower, 2211, have been 24 •' Portuguese Three per
Cents., IN-; Colombian, 20a 21 ; Mexican, 271% ; Dutch
Two-and-a-Half per Cents., nothing done; Five per Cents.,
9% 100.
In Shares very little doing:--Edinburgh and Glasgow,
38 ; Great Western, 9111 • New, 624 ; Fifths, 11 ; London and
Brighton, 4.5 k ; 31idland Counties, Bt4i 89 ; North Midland, 6911.
It is said that the Lords of the Admiralty intend to despatch
two steamers in quest of the large vessel seen by the Osprey,
on its way from Waterford to Bristol. The safety of the Pre-
sident has again become a fertile source of discussion in the
City.

The Tea Sales to-day comnrhe upwards of 32,000 packages.
Among the samples we noticed 20 packages of Assam, and 608
packages of the execrable stuff denominated washed and kiln
dried, or what should be styled " dry:stick," another lot of
the quantity recovered from the Westminster Indiaman,
wrecked near Margate. Very little of the quantity offered has
been sold, the greater part Wing taken in for higher
prices, but the samples purchased have realised the previous
quotations.
The letters and papers by the Britannia steamer will be de-
livered this afternoon, in the course of less thin half an holy.

Consols for Account, 89. No alteration in the Foreign
Fonds, and nothing whatever doing.
CLOSING PRICES,
BRITISH FUNDS.

13.tnk Stock ... India Stock —
3 per Cent Red. 88& Ditto Bonds 3 par
3 per Cent Cons B9l Ditto Old Annuities ...
31 per Cent Red 971 Ditto New Annuities...
New 31 per Cent — ,Ex. Bills, 1,000/....21d 10 pm
New 5 per Cent — Ditto 5001 9pm
Long Annuities to expire Ditto Small l3 pm
Jan. MO l2l Bank Stock for Acct...
Oct 1859 l2i India Stock for 0pg....
Jan. 1660. — ,Consols for Opg B9
FOREIGN FUNDS.

Austrian, 5 per cent Portuguese, 5 per cent.
Belgian, 5 per cent lOO Ditto, New Ditto —
Brazilian 80nd5.... — ;Prussian, 5 per cent.
Buenos Ayres, 6 percent ißussian, 5 per cent —
Chilian, 6 per cent — Ditto, Nletallic '
Colombian, 6 per cent — Spanish, 5 per cent 22i
Ditto, 1824 ... ..... Ditto, Deferred ...
Danish, 3 per cent — , French, 5 per cent. —f. —c.
Greek, 1825, 5 per cent — Exchange —f. —e.
Mexican, 5 per cent.... , French, 3 per cent —f. —c
Ditto, 6 per cent, 1625. :Dutch, 24 per cent. ...
Peruvian, 1825, 6 per ct. Ditto, 5 per cent 100
SHARES
Cheltenham and Great Western (624 paid) 26
Edinburgh and Glasgow 11 ailway(4o paid) ... 38
Great Western Railway (65 paid) ... 914
Ditto New Shares (50 paid 6ll
Ditto Fifth (4 paid) ll
London and Brighton (5(5 paid) 4lSi
London and Birmingham Railway (90 pd) 158
Ditto New Shares ( 2 paid) .........
London and Greenwich Railway -(20 pd)
Ditto Scrip. (4 paid)
London and South Western
Manchester and Birmingham (40 paid) ...... 23
Midland Counties Railway ( 100 paid) .. ...... 89
North Midland Railway ( top p
Ditto New Sharesaid)
(40 paid)
Ditto Thirds ( 5 paid)
York and North Midland Railway (50 pd 1 71i

CORN, CURRENCY, AND CONSOLS.—Mr. Wyld, of
Charing-cross, with indefatigable industry, has just
brought out another Statistical Table, which will be
found of great use in discussing the important measures
now agitating the country. In addition to the price of
Corn and Consols formerly published, the present table
contains the total circulation of Bank of England notes,
(with those of private Banks), the amount of exports and
imports, and the expenditure f the State for each year from
1790 to 1840. The outlines of the table have the appearance
of mountainous ridges, and to a fearful height some of
them rise. For instance, the circulation of the notes of
the Bank of England reached, in 1817, the enormous
amount of thirty millions, and the expenditure in 1813
about four times higher than that of last year, being not
less than 172 millions sterling.

- - - - -
We understand that--
Mr. J. D. Carr, -of this
city, has, by special license, been appointed biscuit-maker to
her Majesty, and received orders for the supply of the Royal
household with his delicious biscuits; and we hear he is novr
engaged in preparing a supply for the Princess Royal.— Car-
lisle Journal.
Sr. PETEEEEuRGII, MAY 28.—Up to the
24th of May 232 ships had arrived at Cronstadt, and 20 sailed.
Up to the 21st of May 364 ships had arrived at Riga, and 101
sailed. The Gazette of the Senaix contains an autograph
ukase of the Emperor, addressed t 9 the Council of the Em-
pire, by which the Grand Duke Alexander is appointed a
Member of that Council.
GHENT, JUNE s.—Last night one of our finest
manufactories was destroyed ; it is the third which, within a
very short time, has suffered the same fate. The fine cotton
yarn manufactory of M. D, Hernptinne %vas destroyed by a
dreadful conflagration, and nothing now remains but the bare
walls, the damage amounting to 200,090 francs. The buildings
and the machinery were insured by the Royal company of
France.

ARRIVAL OF THE BRITANNIA.
. LIVERPOOL, Icedl.oala .

The Britannia hac, at last, arrived safe
just when the anxious were beginning to prognostieie
evil tidings she has arrived to set the fears of at re ,L.

She wiis telegraphed off Holyhead at Ihilf-past eleven
to-day, but the weather being then hazy the signals (lid
not come through till nearly one o'clock ; she was evi-
dently " all right" in her machinery, as was testified by
her passing the other stations on the line in quick suc-
cession, making fully ten miles an hour, and reached the
Mersey in good style, through the Victoria channel (it
being nearly four hours ebb tide) at half-past six, and
landed her mail bags at a quarter before seven.
We learn that the cause of her detention happened
thus :—She left Boston, as advertised, on the 16th, and
Halifax on the 18th, when, all being ready, she pro-
ceeded on her voyage. Shortly after leaving Halifax,
and whilst still in charge of a pilot, she very unfortu-
nately got aground, but was got off at the next tide, and
returned to Halifax, and, though she had not sustained
any damage, it was deemed prudent by her careful as
well as enterprising owners to send her to St. John's,
where she was overhauled, and it was found that she
might have proceeded on her voyage with safety. ' This
circumstance delayed her departure from Halifax until the
29th, when she again sailed, with about 90 passengers,
and has made the very rapid passage of 11 days.
As the detention of the steamer was not known in
New York in time to make up fresh despatches for her
before she sailed on the 29th, we have no later dircot ad-
vices than the evening of the 15th. We gather, however,
that the hearing of M'Leod's case, after being postponed
to the 17th, came on on that day, and was likely to oc-
cupy some days ; the result had not reached Halifax
when the Britannia left. There is no other news of po-
litical importance in the papers.
Amongst the passengers by the Britannia we notice
the names of Sir John Harvey, K.C.8., Lady Harvey
and family ; Captain Nugent and Captain Cox, British
army ; Captain Agnew, of 93d llighlanders ; Captain
Crutchley, of the Fusileers ; Captain Fitzherbert, Rifle
Brigade ; Major Bowen, Fairholme, of 71st Regi-
ment ; Captain Dickson, Mr. and Mrs. Ogden and fa-
mily, of Montreal ; the Catholic Bishop of Charleston,
Judge Curter and lady, &c. They have entirely con-
curred in expressing their warm approbation of the
kindness and hospitality of Captain Cleland, as well as of
the excellence of his seaman-like qualities, and have fur-
ther subscribed a handsome sum to purchase a gold
chronometer to be presented to him.
The New York papers by this conveyance are one clay
later than those received by the Stephen Whitney.
(From the Evening Express, May 15. )
M‘l.Eon CASE.—The Supreme Court was crowded to ex-
cess this morning, in the expectation that this case would come
up for argument. It had, however, been postponed, on the
motion of Willis Hall, Attorney-General, at the adjournment
of the Court on Thursday night, as he presumed the trial of
Ezra White would not be coneliuled until this day, and he was
desirous of having more time to prepare himself. The Court,
therefore, fixed it for Monday morning, when it will take pre-
cedence of all other business.
MONEY MARKET.
'WEEK ENDING THE 15TH OF MAY.

A greater activity in business has been manifested the pre-
sent week than we have recently had occasion to notice,
although the demand for money has been limited, and we
make no alteration in our quotations. Good business paper is
freely discounted in bank, and can be negotiated in the street
at bank rates.

We notice no improvement in the quotations of domestic ex-
change. A fair business has been done, at about the rates of
the previous week. The transactions in sterling have been
quite extensive, at a slight improvement.
The fluctuations in stocks continue small, though the amount
of business done is rather increasing. No improvement can
be noticed in those descriptions usually denominated fancies,"
nor is the disposition evinced to make time - contracts which
has heretofore been the case after an extreme depression. Con-
siderable investments are making in these stocks whose divi-
dends are considered certain, and the caution of c.ipitalists has
never been more strongly exhibited than at present.
Formerly large investments were made in stocks which had
fallen the most, speculators reasoning that in those stocks the
rise would soonest take place, and the profit would be greatest.
At present the contrary may be said to be the fact, and it is
those stocks which have declined least that are most freely
sought. after.
The rise in State stocks which we noticed a week or two
since, has not been maintained, and they have receded nearly
to the point of extreme depression. This may be att!ibuted to
the great uncertainty still existing as to the payment of the in-
terest in July. We cannot consider this a doubtful matter,
even if nothing should be done at the extra session calcu-
lated to restore confidence in our securities both at home and
abroad.

The division of the public lands %Total undoubtedly do more
towards re-establishing confidence in the storks issued by the
Western and South-western States than any other measure
that could be devised, short of an assumption of State debts
by the General Government ; a mode of relief which appears
to meet with but little approbation in any quarter. And it
certainly appears, that with a large public domain in the hands
of the General Government, which, under a revision of the
tariff, would not be necessary or desirable for the purposes of
Government, measures should be taken speedily to distribute it
among the several owners, or to make such arrangements for
its ultimate distribution as shall rel;eve the States from the sus-
picion now resting upon their credit, and afford a reasonable
guarantee of a fund to aid in the ultimate redemption of the
debt, aside limn the income of their internal improvements.
The course that will be taken by the banks of Pennsylvania
on the subject of the new law appears not to be definitely
settled. The opinion most prevalent is, that many, and those
considered most solvent, will decline it. We have heard it
gravely argued that it was for the interest of the banks to ac-
cept it, inasmuch as, in addition to an exemption from the
paws and penalties of the previous law for five years, it was
to fact giving them a bonus of the interest on the State stock
for that time, hiving them the privilege of issuing their own
obligations without interest in exchange for those of the State
with interest. lhiq is certainly plausible reasoning as far as
it goes, but we conceive there are other considerations of some
weight in this matter.
_ _

The stock becomes a legal tender only while the banks
remain suspended, and when the next resumption comes,
if ever it should come, the loss upon the Sate stock may
exceed the previous gain of interest of the other contin-
gent advantages. It may he that many of the banks anti•
cipate their ability to re3ume in a much shorter time than
that fixed by law, and wish to avoid so large an increase of
liability; and it undoubtedly is the fact that a depreciation in
the currency, such as that now contemplited, would be a great
obstacle in their way whenever they undertake a resumption.
All will admit that the nearer their currency is kept to the
value of specie the less difficulty will be experienced in effect-
ing an entire and permanent resumption.
It is stated that the Directors of the United States Bank
have it in contemplation to make another trusteeship, for the
purpose of protecting their deposits and circulation. This is
undoubtedly correct, after the previous steps taken for protect-
ing their post-notes. We noticed that another meeting of the
Stockholders takes place on Tuesday next, when something
further may be determined as to the fate cf this unfortunate
Institutit n.

The sales of United States Bank shares were large this
morning, extending to upwards of 2,000 shares, at an improve-
ment of ; Haarlem Railroad improved 3. Indiana Fives fell
off 1,4, and Bank of the state of New York 34.
EXCHANGE.—FOREIGN.—But a light business doing, and
without change in prices. Bills on London, i to 74.
DOMESTIC.—The only sale we have to report is $1,400 on
Baltimore at 951. We quote

~
On Boston par to die.
Philadelphia
Baltimore
Richmond
Charleston li to l i
Savannah Z.ii
M0bi1e...... lO to 10i
New Or:eans 7 to 74
North Carolina 4*
Cincinnati... 9
Louisville... 9

DIVIDENDS.—The New York Bowery Fire Insurance Corn-
pany have declared a dividend of 10 per cent., payable on the
Ist of June.

The Mutual Insurance Company have this day declared a
dividend of 5 per cent , payable on the irt of June.
A case is now before the Philadelphia Court of Common
Pleas, to procure a forfeit cf the charter of the United States
Bank, for the non •payment of its notes.