The Sun.
London, England, 1847-10-15 00:00:00

LONDON, FRIDAY EVENING

THE late LAMARE MORISON, Esq.—All
Persons having Claims or demands against the late LAMARE
MORISON, Esquire, formerly of the Bois de Boulogne, cur Seine,
Paris, and late of New Cavendish-street, Portland-place, are re-
quested forthwith to send the particulars thereof to Messrs. Walker,
Grant, and Co., King's-road, Gray's-inn, the Solicitors for the Admi-
nistrator.

NATIONAL LOAN FUND LIFE
ASSURANCE SOCIETY.
26, CORNHILL, LONDON.
Capital X. 500,000. Empowered by Act of Parliament.
This Institution embraces important and substantial advantages
with respect to life assurances and deferred annuities. The assured
has, on all occasions, the power to boriow, without expense or for-
feiture of the policy, two•thirds of the premiums paid (see Table);
a'so the option of selecting benefits, and the conversion of his in-
terests to meet other conveniencies or necessity.
Assurances for terms of years on the lowest possible rates.
DIVISION iii/F PROFITS.
The increasing prosperity of the Society has enabled the Directors
at the annual meeting held en the 12th May, 1847, to declare a fifth
bonus, varying from 35 to 85 per cent. en tke premiums paid on each
policy effected on the profit scale.
EXAMPLES.

!Policy Bonus iU
taken addition
out in Assured.
1837 '
1838
1839
1840
1841
1842

CI i 1 Parma- Sun tke
~,s, Annual Policy Bonus in; nent Re- Assured
ve. g ;:Pre- takeni addition ; Bonus in duction of may bor-
:2" : ntiuna. 'out in Assured. ' Cask. Annual row nu
7
Prentinms. Policy.
- ------
, X s d. X s. 1. £ s. d.
1 1837 243 9 3 112 $ A - 1$ A C ion a 1n

(Xs. d.
SO 1000,74 3 4
I

s.
243 9 3'
218 4
192 1 1&
143 b 10'
138 14 2j
111 6 8

$ d.
112 6
88 8 10
86 3
66 8 4
61 17 6
49 10 0

Z s. i.
18 4 6
15 13 5
13 4 9
9 19 1
9 9 2
7 10 4

X s. d.
494 5 10
445 0 0
1395 11 1

346 2 3
296 13 4
247 4 5

The Annual Report, with tables of rates, &c., may be had at the
office, or any of its branches in the coautry ; or, on application. will
be forwarded post tree.

F. FERGUSON CAMROUX, Secretary.

ENGLAND to INDIA and AUSTRALIA.
The INDIA and AUSTRALIA MAIL STEAM-PACKET
COM PINT, incorporated by Royal Charter, which limits the re-
sponsibility of the shareholders to the amount for which they indivi-
dually subscribe, and authorises the Company to establish commu-
nications to and and from the United Kingdom, the East Indies,
Australasia. *ld New Zealand.
Capital One Million sterling.
Divided into series of shares of 201. cash.
COMMITTEE.
Sir George Larpent, Hart., Chairman of the London Committee of
1846 for Extension of Steam Navigation to Australia.
Sir William Yenier, Bart., M.P.
Hon. Francis Scott, M.P., Agent for Yew South Wales.
Sir Thomas L. Mitchell, Surveyor-General of New South Wales,
London.
Lieut.-Col. Abdy, Indian Army J. Maclean Lee, Esq,
Thomas Browne, Esq. Captain Richard Lloyd, Indian
Captain Cogan, Indian Navy Navy
Archibald Cuninghame, Esq. Milbourne Marsh, Esq.
Captain H. M. Denham, 1.R.5., It Montgomery Martin, Esq.
Royal Navy J. Monteflore, Esq.
G. H. Donaldson, Esq. Sir F. Waskett Myers, K.C.S.
Capt. R. J, Fayrer, Royal Navy Alexander C, Ogilvie, Esq.
Captain Ford, East India Maritime Richard Paterson, Esq.
Service Robert Henley Payne, Esq,
Captain O. T. Gordon, Royal Navy John Wilson Pillans, Esq.
E. S. Halswell, Esq., M.A., F.R.S. G. H. Skead, Esq., Master, Royal
Capt. H. Hamilton, Royal Navy Navy
Gustavus Hamilton, Esq. Colonel Torrens, F.R.S.
James Hunter, Esq. William Gordon Thomson, Esq.
J. A. Jackson, Esq. Lieut. Waghorn, F.R.A.S„ Royal
Charles Joyce, Esq. Navy
Frederick Lambe, Esq. 3lelvil Wilson, Esq.
BANKERS—Messrs. Currie and Co., Cornhill.
SoLicrrorts—Messrs. Barron and Clarke, Bloomsbury-square.
India, Australia, China, and the adjacent regions, contain a popu-
lation of more than half the number of the inhabitants of the
globe, and teem with every product which con minister to the wants
of man.
To carry out effectually and economically steam communication
with those countries is the object of this Company, for whose ope-
rations there is an ample and profitable field, especially as regards
our numerous and valuable colonies in the Southern Pacific, which
have an increasing intercourse with India as well as with England
—are the only portions of the British empire unconnected by steam
navigation with the parent state, and for which a charter by the
overland route has been exclusively granted to this Company.
The route sanctioned by the Lords of the Admiralty for this Com-
pany is via Ceylon, Singapore, and Torres Straits, the advantages of
which are, that Sydney, the metroplitan capital of the whole of the
Australasian colonies, would be brought to a certainty within 64 or
65 days of London (frequently in 60), and within less than 30 days
of India. The coal stations are convenient, excellent coal from the
pits at Newcastle, New South Wales, can be pat on board there at
7s. to 7s. 6d. per ton.
Prospectuses, with forms of application for shares, and further
information may be had on application at the offices of the Com-
pany, where a copy of the Royal Charter of Incorporation may be
obtained.
Offices, 34, Cornhill, London.

JOHN YATES, sec.

ROYAL POLYTECHNIC INSTITUTION.
A LECTURE ea the PHYSICAL PROPERTIES of a JET
of in reference to TENTILATION, &c., with Novel and
Interesting Experimeate, by. Ur. BACHHOFFNER, daily at Half-
past Three. LECTURES on CHIRAC TER, with Mulical II

lustrations, by Mr. J. RUSSELL, accompanied by 11r7iValli;,
on the Pianoforte, every Evening, at Eight o'clock, except
Saturday. • CHEMICAL LECTUR!.:S. The ELECTRIC TELE-
GRAPHS worked. The WORKING MODELS, explained daily.
The beautiful OPTICAL EFFECTS inclu-Je an entirely New Series
of DISSOLVING VIEWS. • DIVING BELL and DIVER, with
HYDE's NEW APPARATUS for. CONVERSING with PERSONS
wider WATER, &e. &c.
Admission, Is. ; Schools, Half-price.

DR. GULLY ON THE WATER CURE.
Just published, Second Edition, Svo., cloth, 75.,

rE WATER CURE in CHRONIC DIS-
EASE, an Exposition of Cames, Progress, and Terminations
of various Chronic Diseases of the Digestive Organs, Luna, Nerves,
Limbs, and Skin, and of their Treatment by Water and other Hy-
gienic Means.

By JAMES MANBY GULLY, M.D.
London : John Churchill, Princes-street, Soho.

GENERAL THANKSGIVING.—The Form of
PRAYER and THANKSGIVING to be used on SUNDAY,
October 17, printed by Command of the Queen, may now be had of
Eyre and Spottiswoode, at her Majesty's Printing-oftice, East Hard-
ing-street; also at their Bible Warehouse, 189, Fleet-street; and of
all Booksellers. The Trade supplied.

THE BEST REMEDY FOR INDIGESTION.
NORTON'S CAMOMILE PILLS are confi-
dently recommended as a simple, but certaix remedy, to at
wile suffer from Indigestion, Sick Headache, Billions and Liver Com-
plaints ; they act as powerful tonic and gentle aperient, impartin;
strength to the stomach, and composure to the nervous system. Sold
in bottles at Is. 1 y3d., or 2s. 9d. and I Is. each, by A. Willow,hby and
Co., late B. G. Windus, 61, Bishopsgate Without, and nearly all Me-
dicine Venders.
Be sure to ask for NORTON'S PILLS, and do not be persuaded tc
purchase an imitation.

Illustrated by 26 Anatomical Coloured Engravings on Steel.
ON PHYSICAL DISQUALICATIONS, GENERATITR INCAPA-
CITY, &ND IMPEDIMENTS TO MARRIAGE.
New Edition, enlarged to 196 pages. Just published, price 2s. 6d., or
by post, direct from the Establishment, 3s. 6d. in postage stamps,
THE SILENT FRIEND, a Medical Work on
the infirmitiee and decay of the generative system, from ex-
cessive indulgence, infection, and the inordinate use of mercury,
with remarks en Marriage, and the means of obviating certain dis-
qualifications. Illustrated by 26 Coloured Engravings. By R. and
L. PERRY and CO., 19, Berners-street, Oxford-street, London.
Published by the Authors : sold by Strange, 21, Paternoster-row ;
Hannay, 63, and Sanger, 150, Oxford-street ; Stade, 23, Titehborne-
street, Haymarket ; and Gorden, 146, Leadenhall-street.
PANT I. treats of the anatomy and physiology of the re-preductive
organs, and is illustrated by Six Coloured Engravings.
PAAT 11. treats of the consequences resulting from excessive indul-
gence, and their lamentable effects ea the system, producing mental
and bodily- weakness, nervous excitement, and generative incapacity.
It is illustrated by Three Explanatory Engravings.
Feax 111. Treats of the diseases resulting from infection, either in
the primary or secondary form, and contains explicit directions for
their treatment. The consequences of early neglect and of the abuse
of mercury, are also clearly pointed eat. This seetieu is illustrated
by Seventeen Coloured Engravings.

PART IV. Treats of Perry's Preventative Lotion, ley the use of
which the dangers of infection are obviated. It combines with the
virus chemically, and destroys its power on the system.
PART T. Is devoted to the consideration of marriage, and its
duties, The causes of unproductive union, are also considered, and
the whole subject critically aid philosophically inquired into.
TIIR CORDIAL BALM OF STRIACUM is exclusively employed ii treat-
ing nervous and sexual debility, impotence, &c., 11 s. and 335. per
bottle. The Concentrated Detersive Essence, au anti-syphilitic
remedy, for purifying tke blood in cases of infection, secondary symp-
toms, eruptions, and the abuse of mercury, I Is. and 335. per bottle.
Perry's Purifying Specific Pills, 2s. id., 4s. Gd., and I is. per box, a
certain remedy in gonorrhoea, gleet, strictures, and chronic inflamma-
tion of the bladder. Perry's Preventative Lotion, au application to
obviate the danger of infection, 335. a bottle. Consultation fee, if
by letter, 11. it. Packets with advice tube bad at the Establishment
. .

only, by whick the fee, 1/., is *awed. Attendance daily at 19, Dor-
nors-street, ffon► lleyon till Two, and Fire to Eight; on ■*ndays
from Eleven to Ono.

DR. LA'MERT ON THE SECRET INFIRMITIES OF YOUTH
AND MATTRITY.—WITH 25 COLOURED ENGRATINGS.
lust published, and may be had in French or English, in a Sealed
Envelope, 2s. 6d„ or post-free, from the Author, ter forty-two
Stamps,

SELF-PRESERVATION; a Medical Treatise
on the Physiology of Marriage, Infelicitous and Unproductive
Unions, and the Secret Infirmities and Disorders of Youth and Ma-
turity, usually acquired at an early period of life, which enervate
the physical and mental powers, diminish and enfeeble the natural
feeling,, and exhaust the vital energies or Mtuiliooa ; with Practica:
Observations on the Treatment of Nervous Debility and Indigestion,
whether arising from these causes, close study, or the influence 01
tropical climates: Local and Constitutional Weakness, Syphilis.
stricture, and all Diseases and Derangements resulting from Indis-
cretion. With twenty five coloured Engravings, illustrating the
Anatomy, Physiology, and Diseases of the Reproductive Organs,
explaining their structures, uses, and functions, and the various
injuries that are produced in them by solitary habits, excesses, and
Infection.

BY SAMUEL LA'MERT, M.D.,
9, BEDFORD-STREET, BEDFORD•SQUARB,
uarrgrhi
a,
gLei c er
engt tree f
trAh pe oftuhlenclarnr leenst' all
1 I:eLvoeirtdaol
LONDON,
o
n.:ollindolittoiorna37
Doctor of Medicine, Matriculated Member of the University of Edin-
ilnieomrdbeerr
of the London Hospital Medical Society, &c.
that It may be really the cause of mutual happiness. Could the
veil, which covers the origin of domestic wretchedness, be raised,
and its true source in every instance disclosed, in how many could
it be traced te physical disqualifications and their attendant disap-
pointments. Excesses are always injurious ; the gift, which
yid
used in moderation is fraught with advantage, becomes, w
ee
nn
abused, the prolific source of mischief; and of greater or less injury
to the constitutional and 'vital powers. The particular excesses, on
the nature and consequence of which this Treatise professes to dilate,
are productive of greater severity of misery to the human frame,
than any other te which it is subject.
This work contains an accurate and complete account of the
Anatomy and Physiology of the Reproductive Organ., and of
their relative conditions in health and disease. It deservedly
requires the closest attention and study, for what subject can
be of mere importance titan the preservation of the health,
and of the physical capabilities of which every man should
be possessed. It unfortunately happens that the unhappy
victim of excessive indulgence and vicious habits, whether acquired
in early life or from the follies of advanced age, while suffering
from their invariable consequences, unwisely entertains a fear of ap-
plying te a qualified physician for relief. Shame and the dread so
frequently, but erroneously entertained that these complaints are
beyond the reach of art, alike restrict him and prevent his seeking
for assistance where alone it can be procured. In acting thus, he
forgets that accurate discrimination in ascertaining the causes of
disease, sympathy with the sufferer, and, above all, secrecy, inva-
riably characterise the intelligent and practical physician, and to the
medical man who can show by his posse.sion of the requisite legal
qualifications that he is entitled to esteem and respect in his profes-
sional pursuits, the utmost confidence should be extended. Dr.
LA'MERT has obtained the highest medical honours, as his diplomas
testify, and the great extent of his practice for many years is a
guarantee for his professional experience, which has reference almost
solely to the treatment of these diseases.
Published by the Author, and may be had of Kent and Richards,
52, Paternoster-row, • Hannay, 63, Oxford-street; Starie, Tiehborne-
street, Haymarket ; Mansell, 115, Fleet-street ; Gordon, 146,
Leadenhall-street, London; er, free by post for iorty-two stamps,
from the Author, who may be consulted on those disorders personally
or by letter, daily, from Ten till Two, and from INTO till Bight, at his
residence, 9, Bedford-street, Belford-square, London.

ALARMING FIRE IN STIMFOED-STREET.—Yester-
day, a few minutes before two in the afternoon, a fire
of an alarming nature took place at Bickerton's hat fac-
tory, Stamford-street, Blaekfriars-road. They have
large premises at the rear of their warehouse, in which
drying and finishing were carried on, but for some time
one of the proofing rooms has been unoccupied. One
of the men was preparing proofing matter over a large
fire, and while he was at dinner by some accident it
boiled over, and in a few minutes the whole building
was on fire. Before the engines could arrive the houses
at the rear (Boddy's Bridge) were in a very precarious
state. as the flames nearly touched the roofs of the
houses, which were occupied by very poor people, and
great destruction of their property took place. The
engines were, however, soon on the spot, a very bad
supply of water being obtained at first ; but, by the
assistance of the workmen employed at the adjacent
factories, the fire was extinguished, after consuming the
finishing room.

THII- MAILS. - SOUTHAMPTON, OCT. 14. The
Oriental Company's steam-ship Montrose, Captain Bur-
ney, arrived here at 8.30 AM. this day, and landed her
mails from the Peninsula and Mediterranean, under
charge of Lieutenant Percival, R.N., which were for-
warded to London by the eleven o'clock train. She left
Gibraltar on October the sth, Cadiz the 6th, Lisbon the
9th, off Oporto and Vigo the 10th. The Montrose had
no communication with Oporto. She has thirteen pas-
sengers, and full cargo—partly consisting of 2,300 boxes
of grapes, 11 cases of cigars, 11 packages of specie,
besides sundries. The ships at the ports were—Gibral-
tar, her Majesty's steamer Virago and American sloop
of war ; Cadiz, the Oronoque French war steamer and
one Spanish ; Lisbon, the British squadron, consisting
of her Majesty's ships St. Vincent (flag), Caledonia,
Queen, and steamers Sidon, Odin, Avenger, Dragon,
Stromboli, and Jacksll ; the Canopus, Veageance, and
frigates Amphitrite and Trincomalee having sailed on a
trial cruise. Oct. 9, at ten A.M., passed her Majesty's
steamer Terrible, entered the Tagus, supposed to be
from Angola, with the banished party. At noon, the
same day, passed her Majesty's steamer Antelope, off
the rock of Lisbon. The Montrose experienced, through
the Bay, south• west winds with rain and a heavy north-
west swell. Up Channel, wind from the south-east, with
thick weather. The Montrose entered the river with the
yellow flag hoisted, having sickness on board.
PORTSMOUTH, OCT. 14.—The Duke and Duchess
of Palmella, suite, and attendants, embarked yesterday
in the Fire Queen steamer, from the King's Sallyport,
and were conveyed to Spithead, and put on board her
Majesty's steamer Vixen. Commander Ryder soon after
put to sea for Lisbon. The Vixen took letters and
packages for the coast of Africa, to be put on board the
Amphitrite at Lisbon.

A contract, we understand, has just been made for
the relaying and adapting for lomotive steam power the
Ardrossan Railway, from Eglinton Iron Works to the
Perceton Branch Railway, the latter of which, some
time ago, was rendered fit for locomotives ; also for
forming a railway from Corsehill to Kilwinning to in-
tersect the Kilmarnock branch of the Ayrshire Railway,'
forming part of the Glasgow, Kilmarnock, and Ardros-
san Railway. Mr. 11. King, Motherwell, Lanark hire, is
the contractor.—Ayr Observer.
Baron de Cetto, the Bavarian Minister, and Count
Schimmelpenninck, the Netherlands Minister, trans -
acted businees yesterday At the Foreign-office.

MONEY MARKET and CITY'NEWS.
CITY, THURSDAY EVENING.
TIMES.—The Stock-Exchange panic has con-
tinued to-day with increased force. Consols for
money opened at 811, And, under the pressure of
constant sales, rapidly •efe'Clined to 80i---a quotation
nearly. two per cent. 'Roger the last official price of
yesterday. From this"AA, owing to the Bank
Court having broken ufrevittout the public announce-
ment of any change in the minimum rate of discount,
an advance took place to filt, but the reaction was
not maintained, and they left off at sq to 81k. For
the account on the 26th of November, the market
opened in a most unsettled state, and the first
quotation was 824 to Subsequently they
went to 81 then back again to 824
buyers, and they finally closed at 814. to 82/.
The whole of these movements occurred in connexion
with the settlement whiehstook place to-day, and as
the range of fluctuation 'during the account has
amounted to between 7 `and 8 per cent., the differ-
ences to be arranged to-morrow will prove of extra-
ordinary magnitude. In the course of the day the
quotations of Reduced Three per Cents. presented a
most noticeable feature, that stock having declined
from its opening price of 84 to 79i ; after which a
purchase of 15,0001. was made by the Government
broker on account of the East India Guarantee Fund,
and it closed 79:1 to 80. Bank Stock left off 178 to 181 ;
India Stock, 220 to 224; Three-and-a-Quarter per
Cents., 81 to 4; Long A.nnuities, 8 tol; and India
Bonds, 355. to 255. dis. Exchequer Bills were
quoted in the morning -83 s. to 202. dis., and they
closed at 30s. to 255.
In the midst of all flits:excitement in the stock
market there has been no fresh mischief out of doors.
The causes of the existing state of things would,
therefore, seem to have had their origin, to a very
great degree, in the circumstances connected with the
termination of the present account. The way in
which speculators extended their operations on the
reduction of the Bank rate of interest in September
has evidently necessitated at this moment a simul-
taneous rush upon the market for which the public
were not prepared, and which has consequently ena-
bled the dealers to make their own terms.
To look to any other circumstances for a full ex-
planation would be useless, and it is desirable to
notice the fact, in order that the present panic may
not be mistaken for one having its entire or chief
origin in commercial distrust. Although we are
evidently only approaching the final state of pressure
by which the mania that now jeopardizes the
whole nation is to be subdued, it is quite clear
that the movements of the past week have
not occurred in consequence of any more deliberate
view taken by the public to that effect, while at the
same time it is to be observed that as far as the posi-
tion of commercial affairs is concerned, nothing has
happened to create any particular apprehensions be-
yond such as have now prevailed for a considerable
period. One house of importance whose capital has
long been eaten up or placed out of reach, has fallen,
but that is all ; and as regards the future, there is no
added reason for alarm that any of those firms who
may have prudently prepared by a contraction of
their engagements for the storm which they must
long have seen was inevitable will be broken down.
That such contraction has been steadily going on for
months may be shown by abundant evidence, and,
consequently, although commerce of all kinds was in
a sound and healthy state when the crisis was first
prophesied, it is now, beyond question, in a still nar-
rower and closer compass. Let the same policy be
steadily pursued, and although each man-Lin business
will be compelled to sustain loss of income, he will
escape all danger of insolvency.
That the want of currency aids to commerce has
not been the cause of the past failures, or of the pre-
sent panic, may fortunately be demonstrated. On the
29th of August, 1846, when the bullion in the Bank
was at its highest point, and when it was universally
proclaimed that the then amount of circulation was
sufficient to render the expenditure of some two or
three hundred millions sterling on railroads perfectly
practicable, the amount of notes in the hands of the
public was 20,426,0001. Since that time, as we have
observed, the degree of contraction which all com-
mercial transactions have undergone has been almost 1
unprecedented, while at the same time a heavy fall in
prices has taken place, both these circumstances being
such an to cause a vast reduction in the monetary
wants of the public. Concurrently, therefore, with
what has happened the circulation might have greatly
diminished while money might still have remained
as easy as ever. We have seen, however, a gradual
rise in the rate of intetrest from 2/ up to 6 or 8 per
cent. ; and, consequently, increased economy in the
use of notes must have been largely practised ; so that
a further reason has existed to enable the public to
carry on their operations with a greatly decreased
amount. Yet, in the face of all this, what has been
the actual extent of the reduction ? Less than one
million and three-quarters has been its entire sum.
From a time when the currency of the country was
in a state of plethora down to the present moment,
when we are told that all our commercial energies are
threatened with extinction solely from the want of
due facilities, the variation has absolutely been smaller
than in former times was often witnessed in the
changes of a few months.
Nay, more, the difference
is actually not so great as it was on.the 19th of June
last, when Consols were 89k,
when commerce was
much less contracted, and when prices of all articles
were higher. At that time ]7,967,000/. sufficed for
our wants, and we have now 18,712,000/.
It is plain, therefore, that it' the existing circula-
tion were really available for the uses of the mercan-
tile body, there would be a surplus instead of a
deficiency, and that money
would again be not much
higher than 21 per cent.
When under these cir-
cumstances, we hear a cry for "relief," and an
,
assertion that a reduction of one million and three-
quarters in the amount of our r
p omises to pay is too
great in the face of a reduction- of nearly eight mil-
lions (for that is the
extent to which our gold has
diminished) in the means by which those promises
are secured, let us not be deceived as to the parties
for whom the clamour is
raised, end by whom all
that might be conceded would be forthwith clutched.
Trade and manufactures must
furtherr decline, the
pressure we have already endured must. be outdone
there by what is yet to come, butlimit beyond
which it will not he borne, is a
and all that we can do is
to wait patiently until that limit is attained. The
least movement in an opposite direction
would con-
stitute the first step (to b
e followed by many rapid
ones) on the road to national bankruptcy.
POST.—Money was
again to-day. The excessively scarce and dear
Bank directors had their weekly
meeting, but made no freshdemonstration. The
minimum rate of discount was left unaltered at five-
and-a-half per cent. per
- annum ; still no accommoda-
tion was granted unless on considerably higher terms,
so that although the minimums .alit
no longer
what it professes to be, no changelnisroepenry declared.
Yet, difficult as it may be to state what the mini-
mum actually is, it is far more so to say what is the
maximum. The Bank are understood to have done
something for the more
quiet, unpretending class of
traders at about seven per cent, but to have refused
assistance to houses of higher standing, and whose
pursuits are of a less national eh erecter, under nine-
and-a-half per cent. The position of
several of the
leadmaingny i firs has been said to be very critical, and
so mmportant failures as have occurred,
Perations to the ex-
firms who have carried on their o
tent of millions can hardly expect
hove
solvent,
injurious conse-
to escape suspicion, and even. the
With their more
quences of rather minute inquiry.
intimate connexions breaking downhands, it is
on all
the
perhaps only wonderful that that they should find
means of bearing up against the shock.
It was ac-
count day in the Consols market, am
seldom have
the differences payable been so heavy.
One house is
believed to have sustained losses by
its Bull opoo/.
era-
-9f among
tions of the six weeks past to the amount of 300
dSo far, there as no
the membersh bof then St Exchange.
To. efalcation am
morrow
will be the day for payment, but had there been any
serious difficulty to deal with, it would, we presume,
have been made public. Outside operators have met
their engagements less effectively. Several of them
have been named as having been unprepared to an-
swer the demands upon them owing to the shut-
comings of their own debtors and othercircumstances.
HERALD.—EarIy in the morning it was cur-
rently reported that the directors of the Bank would,
at the weekly meeting to-day, declare a formal ad-
vance in the minimum rate of interest. They very
prudently, however, issued no public notice to that
effect, for although for several days Past they have
been doing no business at the nominal rate, the idea
would have made rather an injurious impression on
the public mind. In point of
_fact, however, the
directors are governed by no rule, but entirely by
the circumstances in each particular case, in the rate
of charges. To the advances or loan en commercial
bills that fell due to-day in some cases an extension
has been given for seven days for half the amount,
the directors of the Bank selecting what they con-
sider the best of the bills to remain for their secu-
rity. The rate of interest charged in these cases
has been increased to 7 per cent., and consequently
the notice of their minimum being 5/ is practicalty
fallacious. More stringent measure% have been
applied where loans were made on public
securities, the return of the money being made im-
perative in soma cases to the full amount, if not in