The Sun.
London, England, 1841-10-11 00:00:00

MONEY and COMMERCIAL NEWS.

We regret to state that. the unfavourable news
received from Spain this morning has throw4'
the Stock Exchange,. and, indeed, the whole ;.
Money Market, into a -state of great alarm.,,
and confusion: The • Funds have fallen, .
nearly three per cent. since. the closing =;--
prices of Saturday, and two defaulters,
to a considerable amount, it is feared, have
been declared. -The conduct of the •King-of the '
FRENCH is regarded with just . alarm. ae
has harloured Queen CHRISTINA, the prime
mover of the insurrection, in one of the
Royal Palaces. General O'DONNELL left France
for Spain with large sums of money to f 1
commence the revolt of the troops. The
French Army and Navy are kept up in
great • force, and fears are entertained that
an insidious,• and afterwards an open, attack
is intended against that unfortunate and dis-
tracted country. We still hope better things 0f
L6ITIS PHILIPPE, but appearances are -/eq
ominous, and we are, therefore, not at all sur-
prized at' the panic which prevails in the CitY• . oq
. , CITY,. TWELVE O'CidaClL
LIVERPOOL COTTON MARKET, OCT. 9.---TheCOt'
ton Market to-day has been without change. The sals.''2%
-•
. ,
comprise 3,000 bales all to the trade. "iir
LIVERPOOL SHARE • MARKET, OCT. 9.,—The • tfriTr
actions at the Stock Exchange this day have been yell
limited ; they are reported as follow :-Eastern Conn-;
ties:Debentures, i ; Great Western, '2O/. Shares,..
Paris and Rouen; 8; Liyerpool Fire and Life Insurance `4i
C MApoMa, 48s. Bd.
NCnyHESTER STOCK EXCHANGE, OCT 9.---!ThellViat:;t
no material alteration in our market to-day ; prices re' '.,rib
main steady :—Manchester and Leeds, Half SliarQs,'
231 ; Manchester. and Birmingham, 21-4- ; London anu,
South Western, 50i- 51+ ; Londou and Birmingham"
New Thirds, 23 23+ ; Bank of Manchester, 5; Manches-
ter and Liverpool District Bank, 10; Manchester Assn" •
ranee, 9/.
Her Majesty's packet Alert has arrived at FalreaaT. •
with a ,ail f Mc • - She left y- C - SGI:4

m, ,rom „Lexie°. le left v era Cruz on - ,104,
llavannah 17, and has brought over 350,000 dollars On' 1.108.
merchants' account.
Papers from Rio de Janeiro to the 20th August /lava°
been received, at which time the Exchange on Engi,!;
was at 30,1 31, and the Six per Cent. Local Stock 701*
THE FUNDS.
A complete panic has come over the StOck Exchange
since Saturday morning, and a very serious decline hoe
taken place both i
n the English abd Foreign Securitiee,
full one per cent. fall having taken place m Consols
they opened at 88k f.
• • •

The news recei;ed. from Spain this morning has .
very serious effect upon Spanish Stock ; the Active Jr'
fallen 2 per cent. since the opening • in short, the house
is in such a state that it is impossible to quote a price °,
present. A highly respectable member of the house'
and a jobber to a large extent, has just been declared *
defaulter.
PRICES OF SHARES THIS DAY AT ONE.
RAILWAYS. Paid. Per Share.
Great Western - )?
Ditto Fifths -
London and Brighton
JOINT STOCK BANKS.
Provincial of Ireland...
PRICES OF IRISH STOCKS, DUBLIN, OCT. 20
S per Cent. Consols
Three and Half Stock 97g , Grand Canal 5t0ck.........
Ditto Reduced ... Ditto Debs. 6 per cent...
Ditto New 1830... 974 1 Ditto 4 per cent
3i per Cent. Debs.
HALF-PAST ONE.
The panic on the Stock Exchange continues raging tt
an alarming extent ; another failure has been announcew•
in the house.
Consols have further receded to 874 for Money, en
871 fi3
871 1 for the Account; Three per Cent. Reduced, 864 a; 031
Three-and-Half per Cent. Reduced, 951 ; Bank Stock,,.,
133} ; India Stock, 245; Exchequer Bills, 11 12 prem.
Spanish Active Stock is now quoted at 184 P 357
sive, 44- ; Deferred, 9i ; Portuguese Five per Cents"
291 ; Mexican Bonds. 221 ; Dutch Two-and-a-lialf Per-,,,t
t
Cents. 514 ; Fives, 98.
There have been but two bargains done in the Share.oib',„
Market. London and Brighton, 404- ; Great Westeril vet"
Fifths, 40.
Launceston (Van Diemen's Land) papers to the 2_,;,34' 1•1
May have been received, which contain the followinb' .r* •
taken from the Hobart Town Courier of the 18th Mfg 11111`
—" The Colonial Market was scarcely ever in such
„,,g6
state of depression as at the present time, owing 14::';i9"1.
the unaccountable proceedings of the Banks. 1_,.,bv,,,(01
sudden stoppage of discounts has caused sun: oltfi
a revolution in the monetary system, that business, Pro-
.0 it"!
perly so called, is at a stand. The whole town appesdl-d 41
•
iu a state of temporary insolvency. Confidence is CO, • 11f,
pletely. destroyed, and the lawyers are reaping
vest in the shape of costs. Such a state qi
affairs cannot last long, and the Banks viL
find, that, unless they are somewhat • liberg
parties will be unable to meet their liabilities; 'and
perty, if forced into the market, will not nalize thoi.'%,
expenses incurred, as there will be no buyers,
being no money. Those few who have any *,/,40y:,,
able capital are realizing the most exorbl' o,
interest, and everything appears to meow
general dissolution. At the present moment we all `
vinced nearly a million of money might be invesitzu•
unquestionable securities, at from 10 to 12i. per cea‘ii,
We are sure that if this fact were generally know,l
the mother country, there, would be an importation'. -
money more than sufficient to relieve our present eml. OP'
yassments."
QUARTER TO TWO.
Consols, 8741; Ditto, November Account, 88H,.),1,,,/
Mexican, 2,2 i 234- ; Spanish, 18k 4.

WESTKINSTER SESSIONS.
THIS DAY.)
The October Sessions commenced this morning.
The CHAIRMAN, in addassing the Grand Jury, sail V',,f
there was no case in the calendar that required any par—
ticular observation from him.
Charles Holliday, a young lad, of about 16 pars old,-
MO indicted for stealing three pigeons, value 7s. 64,'
the pi operty of William Stevens.
It appeared from the evidence that the prosecutor t 1
the father of the prisoner were neighbours and I'll'''.
pigeon-fanciers, and the prosecutor charged the prisoner
with having on several occasions decoyed his pigeons,
and appropriated them to his own use.
Mr. Tnomas, for the defendant raised an, objectionthat the pigeons were ferm nature,u, and 'could not be
made the subject of an indictment for felony, but the'
Learned Chairman overruled the objection.
The Jury found the prisoner "Guilty of taking the
pigeons, but not with a felonious intent," being vir7
tually n verdict of acquittal.
There was another indictment against the .p he
which was withdrawn on the understanding that Dv
should abandon the keeping of pigeons for the future.

DESTRUCTIVE FIRE.
LOSS OF TWO LIVES. fire
Between three and four o'clock this morning' 4.i • .
occurred in the premises of Messrs. Merry;exl,t'enhc-e'n°
cheesemongers, High-street, Newington, which e.+7 -,fora
attended with the loss of two, if not three hey
lives., ...,k, ,p •
the inquiries made upon the spot by our Reporter,' .1' - "t;
pears that the Messrs. Merry have only, .ben0,,.% .e •
few months. in possession, and occupied one of '''"
largest buildings in the neighbourhood, . which 'el°
separated by a passage called rrederick's,flAcfd,..,:c-
from Mr. Smith's wine vaults, No. 18, but -..i01-",,'0
the houses on the other side. Fortunately there wert-he •-
crenaises at the back. The family consisted 0L.:,.." f
Mtssrs. Merry, their mother, who was about 70 Te"'''sj
age, a servant girl (both of whom have fallen riche t—'
and a, little girl, who is also stated to be lost. Whe":„,;11
fire was first discovered .by the police of the.v-,v" s
divisions (for they both claim the discovery). *l'''. ° f
raging in a most furious manner in. the lower, Patreci
the premises, and the inmates were imziateoll'ced,
alarmed. Unfortunately the anxiety or the police-catiii)r
what they intended to prevent—the loss or life hus
they broke open the doors of both front and back, ''",i3i.- ~i
giving a violent current to the fire, which in a fe"'-; of 1,,,,004"
nutes completely enveloped the entire premises. Son ',,,)(4
afterwardsi Mrs. Merry, who, besides her age, WAS 0 ,1„,,' , '',,,,f0
heavy female, was seen at the second floor iiriT4_,,,‘' -a ''. ' 1 4
screaming for help, and a bed was procured and pow,___„, Lig":o4
under the window at which she appeared, and several po_7;/".,::, ,i,
also obtained a blanket; but in the mean while;Mrs.geV,. ; ;I
went to another window, and jumped out, and fell' Too ";;ifit
her head upon the pavement. She was instantly n ..,, of
up and conveyed to Mr, Mason, a surgeon, who, tre
.., ..,1
1 examination, declared the • unfortunate lady to be Gllne ..,%;0a
dead, her legs and the 'own._ part of her body were '.l 0
dreadfully burned. The screams of the other victint ed, .3iiiii,7
most heart-rending ; and which was further inereesthe,4ot,
roofbeing found impossible to render any aid, $5. The :' . 04
and floors began to fall in in quick succession. oe.. .' 70.0
body of the servant girl is still in the ruins, sts.the :• - ''.l
men do not know where to dig for L. - a Ail i ,f)
. oe • - 40-,
The premises and stock of Messrs. Merry are 105 is •
~ tiP
in the Atlas Fire-office ; and the body .of Mrs. whengerr•
lying at the Peacock awaiting a Coronero inquest, ,
~, ',Vey',
no doubt the cause of the fire will be ascertainsci* ''°..ita'°:
,:f
.=,
1" bed 6 441
THE KIRK.—Sir William Rae has- pub _is •- : ocia
3110 ,;rl;*
letter, in which he declares he never said Oiat -.the 04. ..,4,34
istry had a Bill for the settlement of the Clur bb, :,1t be 4l'in
tion, to propose to Parliament. All he adroi.'s_, that
be.,t,e "lo
maturely and earnestly considered by the Go.
promised was, that this very difficult subject ;- wi° ntrien6 o.io
rer.- ~1„.
~ ~A 4
with which he is connected. 6
toil ~I.;{,
. ,
THE STRIKE OF MASONS.--The I „AO, i.. 450
who worked on Friday and Saturday, togeth' 12; - bol ''
eight youths, went to work again this mornin T;sdor Aid
five men, who arrived from Newcastle on Til ~,erl4. ;19itig
night, will return this day, having refused to g,O to t raci4l Po
They were told that seventy of the men who had S. , ' tO ;ASO
had returned to work, which induced them to cone the '3 f
-ndon. Two men who have been to work since_ ,ls;;q."121
-I.''., ad left it, applied this morning for their ''' ,iy,,,:',13,5-str'"
str'" b.- • 'used them ; and they will, it is said, 011 be .::',.p
but were re.. ... 6 e4'
at once for a Mu— ~se on what ground he refuses . A.,
'a
Magistrate to show 'ca.- ,in determined not to return' '
.:1,,
_,
'
mons for Allen to appear befor•. 0 . .fr
application. The men sew. 1
0 li- 0
work unless Allen is discharge,. . Serge. - --4.0
' that
Assizes, as Chairnaan 011 Ibr
~.,41:0
Lefroy, it the Liverpool
1 00/., at the suit
i 0 ‘l.di
Central Railway Company, for_Tl ' See cant we's '-?
Vignolles, will be set aside.
.10 g
It is thought the verdict against , oec,„ .1/40
bY 1i
Chelso :,;- .4
The beautiful chain pier erected at
_..r. sloop
~,,.,
Earl Cadogan, has been let, we hear, to A Al.
—' . •
shareholder in it, merely a committee man.
I for 2501. a year. -