The Sun.
London, England, 1824-07-14 00:00:00

[XI'.W

The Funds were steady during the greater
part of yesterday, Consuls continuing at Us4i.
until the afternoon, when they suddenly de.
dined to 914, from the operations of a few indi.
viduals interested in depressing them ; but they
afterwards recovered, and closed at 941 9G ; anti
fur the. August Account 954. There are several
extensive speculations existing at present, which
will be determined on Friday next, the settling
day ; until after which time no material varia-
tion is expected ; as it is to the interest of
the parties to keep the Funds at the present
prices. In Foreign Securities a more important
variation has taken place', especially amongst the
new South American Securities, upon which in-
stalments are due or becoming due ; and there
are parties who forebode a more serious depres-
sion before many months elapse. Peruvian Scrip
is at no less a discount than '2O per Cent. ; the
Scrip of the last Mexican Loan at 24- discount ;
and that of Colombia at 4 discount. Upon
Mexican Scrip an instalment becomes payable
this day ; and as the payments are made up, the
Stock becomes less an object of speculation
from its amount. The lately introduced loan
to Buenos Ayres was yesterday at a discount
of 11 per cent. and some sales were made for
time at even 21 per cent. discount. There is a
a strange feeling- against this loan from the 41110titit
of the commission charged, which is considered
as exorbitant. Russian and Prussian Bonds were
about I per cent lower, and Spanish Bonds of
182.), at the close of business, were 217. The

following were the average prices of Stocks at
Vienna on the itith ult.:—Five per Cents. 94
13.16.—Lottery Loan of 1821., ifq.—Bank
Shares, 1124 2-5.--Exchange on Augsburg (uw),
ob;;.

[reentitrin fiEnaLn.l
It has been thought matter for surprise that
the price of the French Itentes did not fall here

in the same proportion they did a few days since
in Paris, when, in one day they were as low, to
the best of our recollection, as 07. This, how:-
ever, is not to be wondered at, when it is con-
sidered that ' the English holders of French
Rentes are, in all probability, but few in num-
ber, and are composed of people competent to
keep such Rentes as a property. That the Rentes
should have recovered their price in France,
might also have been expected by any who
would consider among what an immense number
of French people the mass of the French debt is
divided. There was a statement shown in the
Chamber of Peers or Deputies not long since, by
which it appeared that the great majority of
holders of French Rentes did not hold of that
stock more than about 1001. each, in principal.
We, however, speak merely from recollection.--
Now it must be a panic indeed, and one conticiu-
iug for some time, that would induce any great
proportion of such holders to come into the mar-
ket, and cause a considerable impression to be
made in the price. We have seen how very steady
the price has been of the United States stocks,
which probably has arisen from their being in
the hands of a great number of people, who have
made up thele minds to hold, and who know not
how to employ their money so advantageously;
also the debt of the, United States is not too large
for that country. So also it may be said of the
French debt ; it is not too large for France, being
not more, we believe,than 9.00,000,000 of capital,
belonging to 30,000,000 of people. We therefore
think, that excepting war actually breaks out, or
that there is every prospect of war, the French,
like the United States' Funds, will be the most
stationary of any of these things. The jobbers
may every -now and then suddenly get them
up, or run them down by their tricks ; but,
as has been lately proved, they will not be
able to make an impression on them of
any materiel consequence, for any time.—
We venture to give an opinion in this case
in order to caution such of our readers as
are holders of this species of security from
being taken by surprise when they hear of a fall.
Many improvidently sell these fluctuating pro-
perties in a moment. of fright, who afterwards re-
pent. It is the interest of brokers to promote
these frights ; for the quicker the traffic, the
greater sum in the course of the year do their
brokerages amount to.