The Sun.
London, England, 1841-07-13 00:00:00

3, 1811,

alteration of the duty already agreed upon 43.'1 have bee
.vied. However, it is intimated that in the meautima the
Lords Commissioners of the Treasury with the view to the
further consideration of the question, have requested from- Au
Board of Trade any more specific information which it may bi
practie,ble to obtain relative to the quantities and qualitie-
produced in an exported from Java ant: alalabir.
Whi,e on the suhj'et of the alter-lion of duties, it may. b•
mentione.!, that the last aidees from Ceylon state, that the
Chamb...r of Commerce had been apprised that an Order in
Council was being prepared to authorise the adwission of the
produce and manufactures of British India to Ceylon at tilt
same rate, of duty as those at present levied on the produce
and manufactures of Great Britain. Whether this alteration
would include rice and paddy was tit t ful y known ; but it was
,aid that the Ceylon Government were prepared to lower the
import duty on grain, in consideration of the East India Com
pany allowing cotton to be exported to Ceylon duty free, -if in-
tended to be shipped thence to Great Britain. This change
would affect the importation of British piece goods, as native
gray cloths, &c., placed on an equal footing, could. it was
said, compete with those of British manufacture, whlle thi
native consumers
,would also proportion:ll3ly benefit. Th.-
planting interest would derive considerable benefit from a re-
duction-of the duty up n grain, as it would materially diminish
the price of labour.
POST.—The Funds have left off under considerable depres-
sion this evening in both Markets. They were, indeed, heavy
the whole of the day, a state of affairs more pat ticelarly appa •
rent in die Foreign House even than in the English; although
the change was understood to be attibutable to circumstances
c,tnnected exclusively with-the domestic concerns of the eouns
try. It was very generally repotted that some other banking
est al;islimenis were about to follow the example of Messrs.
Ladbroke and Co., by proceeding to the liquidation of the t-
outstanding engagements, with a view to an immediate
wilidrawal from business. This, nu doubt; had a partial
effee', but it was further stated, ' though 'in a mysterious
ambiguous mannor, that . some adjitional cases of
failure might be anticipated, as the consequences of those which
have already occurred within the last week or ten days. The
chief impression made upon the quotadons was, hosterer, we
think we may confidently assert, by the news that oh ained
very active eirculaaion in the -course of the morning, of some
serious and desperate outrages having taken place in Ireland
Ail was conjecture up to the close of the markets, but sinister
rumours and whisperings, it is to be observed, have often a
more unfavourable operation than a knowledge of the truth.
so that it is at the same time a knowledge of the worst. It
was under the aspects here described that the different securi-
ties were finally quoted, and the dealers at the Stock Exchange,
as well as the frequenters of the City generally, evinced much
anxiety to ascertain the issue, such as may probably be brought
to light by the disclosures of the next day or two.
SUN.—There is less buoyancy in the Steck Market,
and although the transactions were not considerable, tht
parcels of Stock offered did not go off freely, unless at a
slight per centage in favour of the buyer. It is difficult
to assign any further reason for the symptoms of heavi-
ness to-day, than that of the preparations for the settle-
ment during the present week. For Money, Consols
were marked-89i to-891; and for time, 89i• to 89k. The
premium on Exchequer Bills was 15s. to 16s. ; the Re-
duced Three-and-a-Half per Cent. Annuities brought
994 to s ; the Three per Cents. were at 891- to Bank
Stuck was at 1691 to 170, and East India Stock at 249,
being an advance on each. "The prospect for the crops
is now beginning to be watched with some anxiety by
stockholders and jobbers, owing to the unfavourable state
of the weather. Some of the speculators would fain
depress the market by attaching undue importance to
failures, of which two were reported to-day. They
were of no moment.

As to Foreign Stocks, after what has been said in so
many of our previous reports, it will surprise no one
when we state that they are again lower. The same re-
mark will apply, we regret to state, to a much more
bona fide species of investment—we allude to British
Railway Shares. The NeW Five per Cent Portuguese
Stock was at 301 to 30, being a decline of a half to if
per cent. Spanish Active. Bonds were at a reduction
from 21 to 21, to 20i and 20:1 ; Mexican dropped to
25 ; and Colombian to 194. Brazilian were still at
67-4, and Chilian at 60. French Three per Cents. were
at 76f. 25c., and Dutch Two-and-a-Half per Cents. at
51 to 504.
It is thought that sales, even to a moderate ex-
tent, would, in the present state of the Foreign Market,
lead to a serious fall, whatever Stock they might be at-,
tempted in ; but no one bangs the market at present.'
The Great :Western Railway Shares were 22 to 191 ;
the New, 91 to 8:1 ; the Fifths, 57 ; the South .Western,
15 to 15i ; and the York. and North Midland 25 prem.
Brighton were 6i- to ; Blackwall, 10 to 11 ; Croydon.
; North Midland, 324 ; Eastern Counties, 15 ; arid Bir-
mingham and Derby 40 dis. Australian Agricultural
Shares were 101 premium. There was nothing done in
the banks. .-