The Sun.
London, England, 1840-02-21 00:00:00

MONEY MARKET and CITY N E Wk 4

(THURSDAY RVENIWO.)
lIERALD.—SaIes of Consols to a somewhat large
amount were made in the course of the morning by a
leading broker—a circumstance which led to a good
deal of conjecture as to the probable motive. By one
party it was taken for granted that the Bank of Eng-
land was operating ; by another it was assumed with
equal confidence that Government was disposing of
securities belonging to the savings' banks, Exchequer
Bills for a like amount being substituted in lieu of them.
What the fact may in reality have been we know not ;
but there can be but little doubt that the transactions
have some connastion with the Chancellor of the Ex-
chequer's announcement of yesterday relative to the
plying off of the unfunded debt.

SUN.—The Commercial Markets have been inac-
tive to-day. The public sales of Tea have gone off
flatly, scarcely one-third of the quantity put up having
been disposed of, notwithstanding lower prices were sub-
mitted to.
The Funds, too, have shown a greater disposition to
decline. Consols for the Account have fallen to 90i,
and for Money from 91 to 91i. The sales of Stock
in the morning were considerable, one bargain being to
the extent of 100,0001. The last price of Consols for
the Account was ; of Exchequer Bills but 2s.
premium. and of India Bands Is.discount to Is. pre-
mium. Bink Stock closed at 17S1 to 178 k.
In the Foreign Funds there was a good deal done
this afternoon. Spanish improved to 2.71 ; Portuguese
Five per Cents. (of 1837) to 31 ; Dutch Five per
Cents. to 1001 ; Brazilian to 78i ; Colombian to 26k,
and Mexican to :19i.
London and Birmingham Ittilvray Shares remain at
63 premium ; all the other shares are steady.

POLITICAL SUMMARY OF THE

MORNING JOURNALS.

The Times of this morning observes, with reference to
"the Navy Estimates :—" The prosperity of our commerce,
the security of our colonial and distant possessions, the
safety of these islands, where Queen Victoria reigns, and
the how.:ur of the British flig, which is the pallo:Pum of
her great empire, demand at the present hour a vast and
prompt augmentation of our defensive establishments;
for England, whose policy abjures aggression, and seeks
only the maintenance of her own recognizeom
dd rights,
ought to be doubly solicitous to keep up
frila.
pidation the whole fabric of her self-protective power."—
The Morning Chronicle animadverts on the conduct of
the Tories towards the Queen, in the following terms :
" The personal warfare carried on by the Tory press
against the Queen is so pitiful and paltry, so silly in its
details, so glaring in its falsehoods, and so envenomed in
its spirit, that it would never be endured in private life
against one of lo tier station. Its hest claim to impu-
nity is the proof it affords of party desperation ; and
irie
n discurrilouslid ,i
ais
~ d.
e amnadg
callsogu e s
Sir o f theße..
bert Peel to account for want ofit also shows how wide the schism is become between the
rabid and the moderate sections of the faction, The Times
lrecacYcesis, othffe " w•
perspicuity and moral
courage. Such is the unity in which Tory
brethren dwell
together.

The Church of St. Bartholomew, near the Royal
Exchange, will be taken down at the expiration of three
months from this time. The remains of Miles Coverdale, who
printed the first Bible in English, are interred within its walls.
-T1,43 Sun Fire offices, it appears, are to be erected on its site.

On Wednesday night, at eight o'clock, a numerous
meeting of the members of the above Society was held at
Stannard's Hotel, Charles-street, Covent-garden, to con-
rider the propriety of presenting a petition to Parliament
for the total abolition of the Corn-laws. Mr, Smith in the
chair.
After some conversation about the proposition for calling
a meeting of the inhabitants of Westminster on the subject,
Mr. H. Ennis, in rising to move that a.,Petition be pre.
pared, said he fel: surprise that, at this time of day, there
should be any doubt in any one's mind as to the effect of
the operation of the Corn-laws. He thoughethat the mire.
chief which was caused by them was sufficiently apparent
to convince every man that that mischief was chiefly attri.
botable to the Ccrn-laws. It was known that there were
about 30.000,000 of inhabitants in these islands,wherequired
6,000,000 of quarters a-week. Then were they to pay 4d.
more for the Blb. loaf than what they should do, provided
these laws were repealed ?—( 'ker.) Let these laws be
repealed—England would find that such at, act would
prove the greatest blessing that ever was conferred upon
them by the Legislature. He moved that a petition from
the Members of this Society be presented to Parliament
for the immediate abolition of tile. Corn-laws.
'Mr. PROM' seconded the resolution, which having been
agreed to,
Mr. iiear,Y ELLIS moved, and Mr. Peoter seconded,
a motion for the adoption of a petition, upon which
Mr. HETIIRP.INGTON moved that the following words
be added to the petition, that the meeting would exhibit
but little penetration if they did not perceive that the
Corn-laws are but one of the grievous oppressions int•
posed on the people by the House of Commons, haring no
sympathy with the feelings, the opinions, and the interests
of the industrious millions, and they pray your Honour-
able house to repeal all. laws restricting the impartation
of corn, and forthwith to make such a reform in your
Honourable House as will give to every man of sound mind
and unconvicted of crime, who has attained the age of 21,
the right of the elective franchise."
Mr. JOHN Ennis seconded the amendment.
M. LEIGH said they could not expect to get the repeal
without the assistance of the working classes.
Mr. P ROUT remarked that by the regulations and laws
of the Society they were prevente.l from adopting the
amendment. By them their objects were to obtain the
extension of the suffrage for every householder in the
kingdom. But circumstances had lately risen in society
which had tended greatly to retard the object alluded to
in the amecdment—( Hear, hear)—yet if there was any
disposition on the part of the Society to promote the pro-
pcsitions eatertained by the mover of the amendment, a
special meeting must be called, by which the rules and
regulations must be first altered.—( Hear.) He was in
hopes that by this time the principles of Universal Suf.
fraee would be so far established that the more influential
orders of society would have felt di-nosed to have paid
attention to the advocates of that principle.
The CH AIRMAN put the amendment, which was lost, when
Mr. MARTIN moved that the first part of the amendment
down to the words "industrious minim's," remain, and that
the annexed words be added—'that your Honourable
House will give such an extension of the franchise that
will more fully represent the intelligence, the feelings,
and the opinions of the people."
Mr. HETHERINGEON seconded the amendment, and it was
agreed to.
'I he following was the petition as amended :
To the Honourable the Commons cf Great Britain
and Ireland in Parliament assembled :

Showeth—That the present restrictions on the importation
of corn operates as a heavy tax on the food of the community.
That to deprive the people of the interchange of their
manufactures for food in the most unrestricted manner,
is cuntrary to tLe intentions for which Government was
instituted.
That any tax on food must of necessity fall unequally en
the different clas' es of the eomm tnity ; heavily on the
paor, and lightly on the rich.
That these laws are the chief cause of distress and dis-
satisfaction among the manufacturing classes, and that
this Meeting would exhibit little penetration if it did not
perceive that the Corn-laws are but one of the grievous
oppressions imposed on the people by a House of Com-
mons having no sympathy with the feelings, the opinions,
and the interest of the industrious millions. _

Your petitioners, therefore, pray your Honourable
House wholly to abolish all llws opposed to a free trade in
corn, and to give such an extension of the suffrage, as will
more fully represent the feelings, the intelligence, and the
opinions of the people.
And your petitioners will ever pray.
(Signet) JAMES SMITH, Chairman.
The petition was unanimously agreed to, and the thanks
of the meeting being given to the Chairman, the meeting
adjourned.

ST. MARYLEBONE BANK FOR SAVINGS.
The tenth Annual General Meeting of this Institution was held

on Thursday the 20th of this raoiith, at the Office, No. 76,
Welbeck-street, Cavendish-square, the Rev. Dr. Spry in the
Chair. It appeared from the several reports read to the meet.
ing, that the progress of this Bank continues to be of a very
rapid description, no less than 2,60 S new deposits havingbeen
made in the last year, 11,935 deposit accounts remained open
on the 20th November last, of which 7,951 held balances are-

raging less than 41. 15s. each. Upwards of '226,3531. was
then invested with the Commissioners for the Reduction of the

National Debt; this amount has since risen to 231,1531. and is
rapidly on the advance. The continued evidence this affords of
the strong and growing disposition of the working classes to
provide against the casualties of life will prove a source of gra-
tification to all reflecting minds.
THE LIYEAPOOL.—This noble new packet-
ship made her.first trip from New York to Liverpool in eighteen
days, and takes her station for the first time as a liner from
Liverpool to New York. It is impossible to imagine a finer
specimen of naval architecture, combining stability with ele-
gance, than she exhibits.
WRECK OF THREE FISHING-BOATS AND
MELANCHOLY Loss or LIFE.—A letter from Clifden, in

county Galway, brings details of the following melancholy
occurrence, which took place in that vicinity on the 7th instant.
The evening of the 6th being fine, the fishermen engaged in
the herring fishery put to sea, and set their nets as usual, and
some of them remained out all night to keep watch. Towards
morning, however, the wind freshened, and before they could
get to shore a regular hurricane set in. Several boats were
tossed about at the mercy of the waves, and, melancholy to
relate, three of them, with crews of five men each, were
swamped on the high seas, and all on board lost. One of
them was lost in Moninbay. having on board the owner, Pa-
trick Coneely, together with his son, two brothers-in-law, and
a man named King. Poor Coneelv has left seven children, all
daughters, unprovided for. The other two boats were wrecked
in 13allinakillbag. The brig Shark, Captain Green, laden with
oil and hides, and bound from Newfoundland to Liverpool, was
driven on shore at Benowen, on the same morning, both ships
and crew having had one of the most fortunate escapes that
have occurred on that coast for a long time. The crew found
the vessel on a reef of rocks, took to the boats, and succeeded

...._
in effecting a landing about seven o'clock in the morning, and
w the vessel afterwards ran ashore without having sustained much

injury. It was expected that in landing the cargo the vessel
might be got. W. J. A. 0' N iel, Esq., of Ilenowen, on whose
property the wreck took place, deserves great praise for his
exertions in protecting the cargo, and his humane attention to