The Sun.
London, England, 1847-05-04 00:00:00

• .a.t.
••*
;.

MAY 4, 1847.

ta,
MONEY MARKET and CITY NEWS.

MONDAY EVENING.
During the early part_ oi the day reports were circu
lated that the Russian Govertiment had made arranke-
rnents to ship to this country immediately on the opening
of the navigation the sum of gold proposed to be in-
vested here, and that steps had been taken for the ne-
cessary insurance. It is understood, however, that no
official communication has been received to that effect,
although it is believed that a frigate has been ordered
to be in readiness in case it should be decided upon.
The pressure for money has been felt with as much
severity to-day as on any previous occasion ; and the
accounts from the provinces indicate that in the manu-
facturing districts matters are daily becoming more
critical. Speaking of the high rates paid for money at
Manchester' one writer, occupying a leading position,
observes, "Ere long there will be very little to pay or
receive in this town, for business seems entirely sus-
pended. Nobody dares to buy, and spinners and manu-
facturers must stop their works. A great number are
now standing still,. and if discount accommodation is not
to be bad, the whole must cease, and then we shall soon
have Lancashire and Yorkshire as bad or worse than
Ireland."

A recent letter from New York mentions that the
remittances of the labouring Irish from New York,
Boston, Philadelphia, and Baltimore during January,
February, and March, •1847, have amounted to little
short of 1,000,000 dolls., being at ,the rate of about
800,0001. sterling per annum ; and it is stated that there
is no doubt they will continue on this scale fur sbme
months to come.

The Penguin packet, from Rio, brings 3171 b. of gold
for the St. John del Rey Mining Company. An arrival
of 40,0001. also.took place to-day from France.
The grai❑ markets of the Frerich departments may
now be said to show a, distinct tendency upwards, the
latest reports furnishing numerous cases of a rise far ex-
ceeding any recorded extent of fall.
The letters from the Amsterlam Bourse of the 30th
ult. mention that general flatness was the chief charac-
teristie of businesS in the public securities, the state of
the money market exerting a depressing influence upon
quotations.

Advices from St. Petersburgh to the 21st of April
state, "We just hear that the ice has commenced to
break up at within five vursts of the source of the Neva,
and we may consequently expect the same event here in
about a vvet.k. In a fortnight from that time the ship-
pi h 14- erally comaierfEerirrfOliirtarlf.'"--lreriftlitig
the exchange it is observed, " Although our present
rates or exchange, on account of the little business
doing, may go somewhat lower, still we are of opinion
that as soon as the shipping commences they will rise
again."

—From Riga we learn that the last accounts from
Biela state, that on the 13th of April the ice had broken
up, and that more than 800 barques were in readiness
to sail for Riga as soon as the river should be sufficiently
clear.

Late advice from Stettin announce an improvement
in the grain markets since the receipt of the intelligence
of the late rise here, and for wheat the quotation rued
as high as 110 to 120 thalers per wispel, according to
quality. Rice was also scarce and in demand, Carolina
fetching 10i to 11 thalers ; Patna, 10 1-6 thalers ; and
Bengal, 81 to I thalers.—Times. •

^rot

Pam& SD.

A. ;LLIGENCE.
SPORTING /—,' IV ?
Arni., 3 DAL)
(RECEIN 'ED 12'LL* 'TNG MEETING.
NEWMARKET SE( 10ND SPE— MONDAY NIGHT.
NE WMARKET,
ENTRIES FOR TUESDAY. ^1()l.
501., T.M. Wi 'nner to be sold for %4‘. • -ch fby
Satyr, 6 yrs—Voronetz, 3 yrs—Tarella, 3 yrs—
the Doctor, out of Revelry, 3 yrs.
504 Plate, R.ll I, for three yrs old.
• Circassian Maid, c by Cl. 3arwell, out of Angelina, bc by
the Doctor, dani by Buzz ard, Spem Gregia, Dromedary,
Deriades, Jolly Dick.
Match, T.Y.C., 50—Sir I. Pigot's Birthday, 7st 101 b,
agst Duke of Bedford's Fistia 7st.
100 Soya. Sweepstakes—G.sgt is scratched.