The Sun.
London, England, 1841-02-26 00:00:00

E VENT N( ED ITION.

The small tunnel in Middle-hill and the adjoining cuttings
are nearly finished.
Upon the remainder of the line, from the Box Tunnel to
Wootton Basset inclusive, all the works are heavy, but fortu-
nately not attended with any great difficulty of construction.
The Wootton Basset, or No. 7 (C. ) contract, is nearly completed.
( lthe great embankment, containing about half a million
cube yards, about 25,000 yards only remain to be finished.
Upon the next contract the principal embankment is still
nearer completion, from 5,000 to 6,000 yards only being want-
ing. On the next contract, No. 5 (C.), the works are also
nearly finished. and on both contracts a considerable portion
is ballasted. and the laying of the permanent way is commenced.
The 1 ridge over the Avon will be completed in a very short
time, the late frosts, &c., having delayed it. •
Upon the two next contracts extending to Chippenham, the
principal work remaining to be done consists of the burning and
spreading the ballast preparwory to laying the pavement way.
The works between Chippenham and the Box Tunnel, which
ivegenerally been considered as likely to be the latest, are
n in such a state that by proper exertion, their completion
w.thin the time required may be ensured; this exertion shall
not be wanting on my part.
The Box Tunnel itself will be completed and open through-
out, from the Western Face to the Shaft No.. 8, which has
always lem considered as the Eastern extremity, during the
next month ; and if the while Tunnel cannot be then said to
b }hushed, it is only because the Eastern ead, which is en-
tirely in rock, and belonging more properly to the Contract
last referred to, of No. 1 ( C), has been extended a few yards in .
order to diminish the quantity of excavation required in the open
cutting. The permanent way in the Tunnel will also shortly
be commenced.
The accouvt I have above given of the advanced state of the
works wial,'•l trust, prove satisfactory.
Such exertiel. i as were required to hasten the successive
openin; to f;te•.t.uton, to Farringdrin-road, • and to Wootton
Basset, and '-Cie arrangements consequent upon each partial
opening, are at all times attended with serious expenses, and it
is a source of great satisfaction to me, that only one more
opening is to take place. I have endeavoured to ascertain the
increased cost thus incurred, but 1 have been unable tie do so
with suffivie it tuscuracy to venture tipn an estimate, and as
the period is so fast approaching, ashen the actual outlay upon
each contract can be posi.ively ascertained and dissected, I
trust that any a-aterneut which could not be accurately de-.
pended up3n, will not be expected of me at thz present time. •
Upon the wito:a. I have reason to hope that the means which
have been adopted for the purpose of thus advancing the
works, wi'l not prove more expensive than was anticipated by
those who urged their adoption ; that the additional expense
will have lie, ii usefully incurred ; and that before our next
balf-yearty meeting we shall have reaped the benefit of this
expenditure, when the whole line from London to Bristol, and
Bridgewa!er towards the South-west, and' front London to
Swindon and Cirencester towards Cheltenham, will be in full
operation

I am, Gentlemen, your obedient servant,
I. K. BRUNEL.

MONEY MA RK ET and CITY NE WS

FROM THE MnRNING PhPF.R4 OF TITVIDAT.

POST. —A failure of some magnitude, in the Jewish con-
coction, was made known in the course cf the morning. The
oki and respectable.firm of Montefiore, Brothers, has, it ap-
years, been reduced to the necea.ity of suspending its payments.
I'he cause assigned for the occurrence is principally this :
Messrs. Montetiore were in correspondence with several large
houses in Australasia, for whom they mere in the habit of
making advances in anticipation 'of promised shipments cf
goods. Their accommodation in this way wouln seem to
have been carried to an extent not altogether to be justified.
They ha I, towards the c10..e of the. past year, come under
acceptance to an amount - for which they found them-
selves incapable of making the requisite provision. An appeal
was made on the occasion to the friends of the house, when,
such was the' confidence entertained of its ultimate resources,
that the sum of twenty thousand pounds was raised among
them to enable it to meet its engagements. The Australasian
firms have unquestionably acted with gross bad faith toward;
Messrs. Montefiore. From all that we can hear upon the
aab]ect, and we believe the facts that have been placed be-
lore us may be fully depended upon as authentic, , the
pledges made by them with regard to the consign-
ments upon wh ch former drafts were founded, were
never made good. , The property did not come for-
ward at all, , nor d'd the breaches • of contract that
were operating so injuriously to the credit of Messrs.
Montefiore end here. Toe same system of deception was
persevered in by the Australasian firms. Promises of cargoes
of valuable produce were again freely given as an inducement
to Messrs. Montefiore to honour some further amount of bills
passed upon them, but these promises, like those that had
preceded them, remain unfulfilled to the present hour, and
hence the embarrassments now for the second time experi-
enced. No hint has reached us of the probab:e amount of the
liabilities of the concern. It is, however, assumed to be
pretty large.
Messrs. Montefiore have issued a circular expressing their
sleep regret at the circumstance of their being, for the mo-
ment, unprepared to answer all just claims upon them ; but,
on the other hand, holding out the hope that their difficulties
mac prove but temporary, and speaking with the fullest confi-
dence in the sufficiency of their assets, if time be only given
for their realisation. A meeting is called of their creditors for
an early day.
The stoppage of this firm is understood to have been accele-
rated by the refusal on the part of the Australasian Bank any
longer to afford it the' support, in the way ondiseounts and
otherwise, which it had done for years past, and upon a conti-
nuance of which they had naturally calculated.

TINIES.—A city failure of some importance—viz., that of
Messrs. Monteficre, Brothers, has occurresi this morning. As
the hous.3 was believed to have been a very prosperous one,
and to have made large profits within these few years, the event
has caused much surprise, but it is exp!ained by the fact of
large draughts upon them having been made for which they
were wholly unprepared by previous. notice. It is believed,
therefore, that at a meeting of the creditors, which has beer
erimmoned fir next week, some arrangement f a nature to sa-
t.sfv th-ni will be entered into. This belief is strengthened
by -Ilse knowledge of the wealthy connexions of the house, who
have expressed their willingness to afford assistance on this oc-
casion. These, at least, are circumstances generally stated on
'Change to-c'ety. The principal business of the house was with
Sy. ney, New Saudi Wales, and en a very large scale.
Ihe notice by the Bank does not differ from the last notice
of the kind, and is only liable, therefore, to the objection
which must always attach to it as a banking operation, that
it is much metre calculated to assist in stock-jobbing than in
comme cial objects. _ _ _

The settlement of the account in Consols, which took place
to-day has been unatteni'ed with any important results, though
the fluctuations during its progress have not been inconside-
rable. The fall was abput 2i per cent.; reckoning the ex-
treme prices, being from 90* to 88, and the chief exciting
cause was the affair of Mr. M‘Leod on the Canada frontier ;
beside which, the market has been more or less during the
whole time under the influence of parties making
preparation for the contingency of a new French loan, which
required them to keep their resources mainly at their dt-
posal. Latterly the same parties have reversed their opera-
tions, under the persuasion that the negotiation of that loan
would be d ferred for some Months, and their purchases, matte
in consequence, occurring at the time who. the American
question most agitated the market, contributed mainly to the
tally which then took place. This is designated by the job-
bers as a " account, but.it- is likely that the balance of
the time bargains is not large either way, es the market as-
sumed rather increased firmness at the clone of business.

SUN.—The settlemer.t of the Account in Consols was
effected with comparative case, although the fitufluatien,
while it lasted, was from 88 to 901. The Bank Notice,
being in no respect disci ilar fom ti.e last, produced no
ps,rtieular (fleet upon the Market, which, however, a. its
dose, was certainly firmer than in the nu ruin;:. Fur ire-
mediate transfor Consols were quoted 889 to 88, and for
T.me 89 t) S. ExeV,equer B.lls were sto 7 premium,
and India B m. 41 at 15 discount. Bank Stec:k was rct
dells. in, and Ea .t Ind, Stock was firm at 218. The
TC:w Thee-ane-a..11.11f per Cen)s. brought 974 t
and Three ter Cent 3. 69LL to 88i.
The. Fore is)." Seem i ies cete only dealt in to a limitad
extent, and the klteiation in prite3 was not rnat.rid..
Spanish Active Bond. 1 r iught 21• to 23i, Portueuese
New Five per Cent'. 31, and the Thies per Cent,.
-10.-}, tie Litter I.e7ng very dial. •Bre.zil Bonds realized
711,iChi!ia, tit, and Mexican 27 ; Fieneh Five ter
Ce..tr. were at 112; the Four..and-r-1141 [cc Cents.
at In, and tie Datcli 'rwo-sne.--.)-11alf per Cents. et 50e,
to 50.

l'i.ere was nr:re business doing in the Railway Shares to
day, and in some instances a! rather improved quotiVons.
Crest Wertcro at 24i to 25. the New 11 to 121, die
Filihs 5 to 4i, and Vie Linden and ilirmingbarn 79 to
premium, cx divi(lead. i„;hton Shires were
tt.e Ehtektv.ll 5, the . Nt.r.n Mini Ind 961. and
the New 3,1; disettun'. Colonial Bank Shares %vete 11 to
14, „scrotum, and P.ovincid Bank a Ire!and, 188 prem.

ARMY AND NAVY.—TIie March Numbcr c 1
the United Serrice Journal, _ and Nava! ala Mili'arq
har impa,t Lilt papeeti—The
Anicrii,,iiiiiii.ziat‘cmart)io::lllo::klir:its,aic77......amirr,biteell pilleruaritct.ti:_iscchul,)l, (,trionii.,h,,,,a
ePoi,a,:ii_)
W.lkii--Eng.
dervi4 a : Alilitt rt,
Narrauve cf Lieu..
land's Wooden
his jCaoture and Imprisonment
Walll3:s;t9i'he S-t,ille
Free. j. "it'', R; M., offfos of the Alva.ture and
by the C4rbsts—Vor _ ,
Nn.
WHO' Elys. by Jora:lian
B!
rigir—T eq
Alidr'
Na 'S Pe :s on n 1 Adveltures and
Lines on the
FC:%!?cuarnskio.n,l77,-.b.cgo.rZ.a', Aciii,.gsia, and Russia, by Lieut.-
Col: G. r'oulett Cameron, . K.T. S.,
Q&.c.....--....
14,,viaatior_
Las of H.M.S. Fairy—Narces or,
Our Naval Preparations--Stations 4 the ,
°^
''"I"
British Army
and IZ,qal Navy in Commission 00 Ist of
ili,venee of the
&c.—Nkith ill t: c Natal and Military Int, „
,Mareb, 1841,
7
EDITED By T:IEODORF. HOOK, 1 ---,:n—The A
March Nurnbc:r (if Call Monthly Magazir.o and
uirrei " Neff.
Humorist," caLtains—FAthers and Sons,by the Editar—The
Friend in Ne d, al Extravaganza after Sterne, by Too-
ma; Flood, E,q.—Might against Right, a Romance of tl e '
Tr"i, by Ow Bon. E. Phipps—Maria Louisa as DueLe,s
of Parma— Foreign Spotting, by liimrod—Morali Hod
Manners of the 16:h and lith Cer,thriea—The Life and
Adventures or Charles Chesterfield, the Youth of Genius,
by hiri7. Trnlle—Pellcts for Prosers—A 10-Pacification,
by Larnan Blanchard, Esq_A Win:, r and Summer in
Canada, by
.Freierick Tcnfrey, E., —The French Press
-_Don't 3ou wish you may get it ?—Literature of the
Month,

TUE BOOK WITHOUT A. NAME.--The work
annnuneed as, " The Book Withiiut a Name,"
onsi-
id
by Sir
c
Ch r C. and I..:dy Morgan, h atrwady vxet.Kl
iii„..51.1., cad isitt. . We have heard it ii composed of
ilioq antioi.ig ;I,: --iellei of sic e,y, front the fe,0,i„,41..
eot.r ts .f M.ty Fair, to th ? equally extl.t:ive circles of
the to.'e gr. at i e We .1 1- i.tilica and tl e p.irts atljicent,
exli,rti .t. 1 iwir p evsilivg follies in a manner as faithful,
ag enfrrtaitt'eg. and poortraying cett lin characters, ear_
pi i.. 0 Lot f :awe; i L eecii picture, with a mierablanre that
unnaL t...it to th, rtac:iff recognigrd. 13.,i1ea wl.i*, v.e
are to'.4 tiiese Ll-ver wri.ers hate treated a variely of
wit r popular sullvets in the same pleasant style
€:""r., alitiquatianism, physic, and even sonic things
apprr,ertly less available,
are set u, by them ati targets et
v,,,...ich they direct the' of t)
. .
their nit so efizctually,
arrows
that the work is ex
pected -to be one of th:i most attractive
or the :e tars.
The Corporation the
of Trinity House give a
grand banquet te-morrow L
Tower.hil, to his Royale 11. vening, at Trinity Home,
we tinders:am!, is to he carolled Prince Albert, 'who,
of that Corporal i-m. The
Dcdukaes one of the elder brethren
of Wellington, 04 ma -
tcr, will preside, and among the
who ei::e together, arc Viscount "ba,lemen and gentlemen
Peol, Bprt., M. P.,- Earl of illiato.
ilcslb.ourne, Sir Robert
Liar., M. P., Admiral Sir J. 13. ',VI .ir
_James Graham,
artio, Captain
13mdfaci, &c. E. C.