The Sun.
London, England, 1841-02-25 00:00:00

FROM THE MORNING P&PERI OF THIS DAY.

TlMES.—Stocks in general ,were rather firmer again to-
day ; and although the improvement, as far -as Consols are
concerned, was not more than h per cent., the tendency of the
markets was towards improvement. In the arrangements for
the settlement to-morrow, continued to-49y, money corn-
minded not more than 3 to 4 per cent. Consols for Money
and the Account were at one time 8,1, buyers, but left of? ssi,
sellers.

The last advices received from Chili on the subject of the
foreign debt seem to hold out but a small prospect of a satit
fictory settlement, as far as regards the arrears of interest.
The only proposal made by the Chilien Government is to con-
vert these arrears into a stock, which shall bear 1 per cent. for
the first 10 years, 2 for the second, and a'terwards 3 per cent.,
which would be te final rate. Nor is the inadequacy of this
offer the only objection which the bondholders may raise
against it, for to this scheme many other conditions are at-
tached, which will put the new in a less favourable position
than the existing bonds. In the. first place, the sinking-fund
would be abolished, which was provided for under the present
system ; then, the interest on the new stock is to be paid in
chili instead of London ;• and further, the Chilian Go-
vernment is to be at liberty to come into the London market
and contract new debts ; whereas the present bonds provide
against any contracting of new loans until one quarter of the ex-
isting deb: is paid off. This last alteration does not, however, seem
to be of much peactical importance, since in the present con-•
dition. of South American credit it is very doubtful whether all
endeavours by Chili to raise money in the Lr,ndon market
would not prove futile. Such terms as these Mr. Caldclough,
the agent for the bondholders at Chili, represented to be most
unsatis actory, especially while the customs returns are giving
bvious signs of increasing prosperity, and Valparaiso alone,
during the first ten months of the year 18.10, has paid more re-
venue than all the ports of the Republic taken together in
the whole year 1839, the amounts in the respective statements
being 1,406,156 dollars, and 1,375,800 dollars. He repre-
sented that it would•be more feasible Or the Chilian Govern-
ment at once to convert the arrears into a 3 per Cent. stock,
which should begin to pay the interest at the end of five years.
The Government, however, refuse to accede to any terms but
these at first proposed; and this very indifferent offer is, there-
fore, all that remains for the consideration of the bondholders.

POST.—The funds continue stagnant in both markets. The
operations of the dealers may be, as d probably are, in a mea-
sure suspended by the proceedings of Parliament, the result of
the debate on Lord Morpepa's Bill being considered doubtful.
The tea market continues to exhibit symptoms of weakness
in what are called its main points, apart from the jobbing qua-.
litres, of which there are now scarcely 25 thousand chests
remaining on hand ; but the speculators, by buying and selling
" for the account," as they express it at the Stock Exchange,
manage to make these to represent a total of one hundred thou-
sand cite ts ; and, on certain Saturdays, or settling days, the
quotations are " up a penny," or " down a penny," as the
transactions may eventuate, whethf-r in a " bull" or a " bear"
account, but without affording any actual or legitimate key to
the true position of the market.
The public sales of last week proceeded, however, with
tolerable steadiness, resulting in only a trifling decline on for-
mer prices, owing, as it is considered, to the good management
of the importers who had, in a quiet way, informed them-
selves of the fact, that the trade would not go further into pur-
chases than was required, in order to meet the regular retail
demand, even had there been a disposition to submit to a fur-
ther reduction. Aboat one•half the quantity was bought in by
the importing houses at rates nominally above the market
value, but they afterwards manifested a willingness to sell by
private contract, and buyers could readily procure parcels on
terms fully as advantageous as they could have done at the sale.
A failure to an inconsiderable extent has taken place in the
tea connection. The only importance to be attached to the
event is to be found in the unpleasant discussions for which it
furnishes occasion, as to the solidity of others who are known to
have been deeply engaged in the speculation, much of the ex-
citement which had formerly prevailed upon the subject hav-
ing subsided and confidence been partially re-established.
There is probably no reason whatever why a mishap cf the
unimportant nature of that to which we have adverted should
give rise to a renewed feeling of distrust for which no more in-
telligible grounds can be assigned.

HERALD.—The Foreign Market continues in a very
quiescent state, with scarcely any business doing. And this
has not been the case for the last few days or weeks only, but
for a considerable space of time, so that, in sheer despair, it is
said, some of the jobbers are about to expatriate themselves
to South Australia, New Zealand, Nova Zembla, or some
other of those outlandish elysiums where money must be
plenty as moonshine, and the " self-supporting principle,"
to judge from splendid, specimens of golden,. pro-
ducts' here among concoctors, once of but seedy plight,
should rain riches as well as roguery, and if as much of
the former as the latter, the speculating emigration from
Capel-court will not do amiss in slipping rotten Spanish and
Portuguese stock here, in order to stock some part of the ter-
ritory of hi; voracious Majesty the King of the Cannibal
Islands. The transition withal will be rather queer from giv-
ing for puts and calls to planting cabbage and potatoes, and
from dealing in bonds to digging in lands. '1 he fact however
is, as stated, that there is more talk in the foreign stock house
about emigration than about stock speculation, and so foreign
securities remain, as for some time past, just as before.

SUN.—The improvement in the Foreign Exchanges
yesterday has had rather a. f securable effect on the value of
Stock. At ore time there was a eifle,cace in favour of
the quotation cf Consols for present delivery of per cent.,
the current prices b t ing 851 to BSi, and for to-morrow 89i
to 881. Fur April the price was about 89 to Excte•
quo- Bills were heavy at 5 to 7 premium, and India Bonds
at 15 discoun►, Indis Stock-was worth 247 to 248, Bank
Stock for Account was steady at 166, and the Reduced
Three-and-a-half per Cents. • Amin:ties touched 97i
to 98.

The Foreign Ma-ket was dull, and beyond a tiling im-
provement in Spanish Stock which was marked 238 to 24,
for the Active, there was scarcely any alteration in prices.
Chilian Bonds were heavy at 60 to 61, Portuguese Old
Five per Crete. were at 621, the New at 31, and the
Three per Cent/. at 198. Dutch Twc-and-a-Half per
Cents. were steady at 50 to 501, and the Five per Cents..
at 99a to 99k.
The value of some of the Railway Shares got up a
little to-day, but neither the sales nor purchases were to
any extent. Great,Wotern were at 24 to I, the New at
11, the Fifth at 5i to 4i, the South Western at 19i, the
Manchester and Leeds at 41 to 5, and the York and
Ncrilt Mita trid at 24 to 26 premium ex dio.i.lend.
Edic-
but and Glasgow were at 51, Blacku all at bi, and
Sot-th Essttrit and Dover at 161 discount. Provincial
Batik' f Ire'and Shares were 184, a3d Union of Australia
New, 6 premium.
We observery
Elizabeth,
2,r° packages of tea, recovered from
the :Nary stranded off Holyhead, are to be
that
offered at Live-pol to public competition. This tea is
said to he worse than the waslel and kiln-dried sold here
a week or two ba..k, nct having had the salt na3hed out cf
it, a:though aatuta:ed from its long continuance in the
wa!e-, but being merely dried and re-packed. If the
trade were up in arms befcre on account of a much better
parcel being put up here, what will they say to this? At
Liverpool the auction, when it, comes off, is expected to
excite considerable attention.

BRIGHTON.—An investigation has just taken
place at the B:a::k Rock Coast Guard Station, near
Brighton, kt o some alleged misconduct on the part of
Lieutenant Newnham, of eie Black Rock stati mr, and
Lieutenant Brim., of the Gle-nway station. We under-
stand the circumstances to Le as follow;--The two
Lieutenants have lately rezeived orders to remove
more tosta-
tions in Ireland—a proceeding which, owing o
onerous nature of the duties required in the sister coutarY,
is looked upon in the serviza in the ;i,tht of a puivsliment.
The rearon fur the change was therefore sought, and tie
two officers learned that they bad been redortcd by Cap-
tain Marsh, Inspecting Commander of their district, for
absence from duty, and insuboriination. They immediately
demanded of the Coast Guard authorities an investigation
into their conduct; and, in consequence, a Commission was
issued by the Comptroller-General of Customs, according
to the rules of the service, directing Commander Pdking-
ton, Inspecting Commander of the Littlehampton district,
with two Lieutenants from the same station, to investigate
the ea,e. A Court was accordingly opened for the pur-
poso on Wednesday, and the inve3tigi,t,on lasted live days,
terminating on Monday evening, but the decision will not
he known till it la; been approved by the higher authorities.
Th. Sheriff of Roscommon has refused to con-
vene a meeting to support the GcNcrarnent Registration
Bill

Wheat. I Barley. I Oats. Beans. 1 Pease.
Per Quarter. s. to 8. s. to v. a. to 8. A. to S. Is to $
138ston
Brandt ee 59 6S 27 33 t-3 26 36 40 39 43
B ight on 59 C 9 27 34 23 27 38 43 33 40
Cambridge —.. 69 7, 31 21 26 30
Chichester r,(l 60' V 2 23 49 41
Dumnow 62 61 28 - 37 24 30 34 40 35 40
Grantham - - 35 20 • 30 -.... ' s -44 ...
Grimsby 5l 64 27 30 18 20 33 39
II al! sh arn 52 C 2 26 32 22 29 —.. 43 4t.
Hitchin ',B GO 30 38 22 20 28 31 —....-
Ipswich 155 60 26 34 24 28 38 40 39 42
Lewes 159 65 32 28 ,:2 2:3 34 33 :34 36
Lynn 152 67 28 34 SO 24 32 38 36 39
Maidstone 'SJ (hi 36 39 26 52 32 42
Norwich
Petworth
Rom ford 6O 72 28 31 20 30 34 44 36 40
Sandwich 56 67 34 43 27 34 33 45 34 40
Tnettbrd 59 62 31 32 24 30 28 38 40 43
Wisl;ech
Witham 57 67 21 34 25 29 36 43 38 42
Yarmouth 163 65 50 33 24 30 40 42 33 3j
'LIVERPOOL CORN M kItICET.—Feb. 23
WIMAT, English, White, per 70113... . ltio. 3d, to 16i 6 I
Red
-- Scotch, Welch, and Manx
Irish, White 8 2 9 2
----- Red 7 8 8 6
Foreign . 8 0 10 6
OATS, EngliA, Welsh; and Scotch, per 451 b 2 11 3 10
---- Irish ..., ... 3 2 3 3
Foreign 0 U 0 0
taitra.v, English, Malting, per Imp. quarter ......
.-----... Scotch and Irish, pet 601bs.
----- Feeding 3 6 3 9
Muria, English, per Imperial quarter 44 0 46 0
Irish, fgc.
Foreign
PF.ASE, English, per Imperial quarter 4l 0 43 0
•.--- Foreign
FLotta, English. per 280113. 4B 0 53 0
-- Irish
OarAtcai., English and Irish, per 2401bs .. 27 0 t.B 6
INDIAN COON, ptr 480113. ..,.. 34 0 :'5 0
lira, per Imper:A quarter
MALT, per Imperial quarter