The Sun.
London, England, 1841-12-01 00:00:00

THE S

stand as follow :—Philadelphia, 5-1 6 ; Baltimore, 3+ 4;
Virginia, 6 6+ ; North Carolina, 4i 4:i ; Charleston,
la- ; Savannah, 21 21 ; Augusta, 24 3 ; Columbus,
111 12 ; Macon 13 131 ; Florida, 494- ; Mobile, 7/ 8f ;
Montgomery, 81 84 ; Tuscalosa 8 9 ; Newi Orleans,
3+ 3+ ; Nashville, 11 ; Louisville, 6/ 71 ; St. Louis,
9i 10 ; Cincinatti, 111 12 ; Interior of Ohio, 12 13 ;
Treasury Notes, 61 prem., 51 / 5 12 I+ dis. ; Indiana,
91 101 ; Illinois, 11 12.
This change on Philadelphia is deeply to be regretted.
The cause, no doubt, is the distrust that prevails, that the
banks in Philadelphia are so cramped by their connec-
tion with the United States Bank, that the day of re-
sumption is very distant. The probability is, that the
indebtedness of Philadelphia is less to this city, and
smaller altogether, than it has been for a long time. Ca-
pitalists here have kept their balances close, and the
banks there have been for a long time curtailing and
drawinc, in.
The drawing
of Georgia, in his recent Message, dis-
cusses the subject of the currency at length—presents his
objections to the banking system generally, and the U.:S.
Bank in particular. The issue of the old notes of the
Bank by the Pennsylvania institution, he regards as frau-
dulent, and its resort to foreign loans and speculations in
cotton, as schemes of unjustifiable speculation. The loss
of the institution, the Governor thinks, cannot be less
than $25,000,000. With such an experience before the
country, it is asked, how can it be pretended that it is
wise to establish such an institution to aid in managing
the financial concerns of the Government, or to regulate
the currency between different sections of the Union ?
On the subject of the State Banks, he says he is satisfied
that the public interest would be promoted if there were
but a single bank, located at our principal sea-port, with
a capital adequate to all commercial purposes, and re-
quired to establish a branch at each point at which bank-
ing facilities are needed. He recommends the central
bank for this purpose, and that no other bank be char-
tered, or present charters be renewed.
On the Ist of January, the Governor issued his pro-
clamation, requiring the several banks in that State, their
branches and agencies, on and after the Ist day of Fe-
bruary thereafter, to redeem their liabilities with specie,
in conformity to the provisions of an Act of the last Ge-
neral Assembly. Some of the banks have failed to
comply with the requisitions, and inforMations have
been lodged, in proper form, against the Georgia Rail-
road and Banking. Company, the Bank of Columbus,
the Planters' and Mechanics' Bank of Columbus, and the
Chattahoochee Railroad and Banking Company, sus-
tained, by due proof of their failure, to comply with the
provisions of the statute, arid judicial proceedings have
been ordered against them.
It appears from the Report of the Chief Engineer of
the Western and Atlantic Railroad, that the amount ex-
pended upon that work thus far is, /2,181,272 6c. on ac-
count of which a public debt has been incurred of about
/1,490,000.
The Quebec Mercury says of the " French half-
crowns," that the attempts at Montreal to get rid of
these coins in expectation of their ceasing to be a legal
tender, should the Currency Bill be sanctioned in Eng-
land, has alarmed some people as to their value. They
were seling at New York, at the end of October, at half
a dollar, and half a dollar and one cent. Lower Canada
Bank notes are at four per cent. discount in New York ;
so that for any payment to be made there, they are
nearly of the same value as bank notes. Some of them
are much worn, but they are purer silver than either
Spanish, Mexican, or United States dollars and half
dollars, and are more valueble as bullion for silver-
smiths' use. Some pieces that are called French half-
crowns are British half-crowns, and they still remain
current as the legal value.
Statement of Cotton in Augusta and Hamburgh, Nov. 1.
Augusta. Hamburgh
Stock on hand, Ist Sept. 1841 2,576 1,716
Receipts from Sept. 1 to Oct.l 1,760 931
" " Oct. Ito date 10,666 7,417

Total supply and receipts 14,982 10,004
Exports since Sept. 1 10,732 7,261

Stock on band, including all on board
railroad and boats, not cleared on
31st October
Stock in Augusta

4,350 2,803
... 4,250

Total stock in Augustiand Hamburgh •• • 7,053
Receipts since Sept. 1 12,426 8,348
Receipts in Augusta ... 12,426

Total receipts in Augusta and Ham-
burgh, since Sept. 1
SHIPMENT.

20,774

To Savannah via boats, since Oct. 1..
To Charleston, via railroad 4,111
Previously to Savannah and Charleston 2,287

Total shipment from Augusta and Hamburgh. . 17,998
STOCKS.—MONDAY.— There is a slight advance in
Delaware and Hudson, and in Farmers Trust Co., Can-
ton, and in Mohawk. Illinois Bonds, 11,000 at 42.
being an increase of about half per cent. Paterson is
a little lower than Saturday.
RATE OF SALES AT THE STOCK EXCHANGE.
NOVEMBER 8.
$3,000 Indiana Bonds . 43i
2,000 Illinois Bonds s6O 42
1,000 Ohio Sixes 1860 ' s9o 88
3,000 Philadelphia Exchange 94
5 Shares Delaware and Hudson cash 1071
5 Ditto Bank of Commerce full ' 92
10 Ditto Farmers' Trust cash 351
25 Ditto Vicksburgh Bank
150 Ditto Canton Co. .s 3 26
25 Ditto Mohawk Railroad s 10 63i
50 Ditto Paterson Railroad...
IY
150 Ditto Harlem Railroad
25 Ditto Stonington Railroad
20 Ditto Long Island•lnsurance Co
15 Ditto North American Insurance Co. B9
THE MARKETS, Nov. B.—FLoun..—The price of corn
mon brands is very firm to-day, at $6. Rye is selling a
70c., which is an advance of 3c. Corn is withou
change. Northern, 70c. Cotton—The Market is with
out alteration, and the sales exclusively spinners.

..b 30 26,

SHERIFFS' FUND.
A meeting was held yesterday, at the London Coffee
House, Ludgate-hill, of the members of this Fund, for
the purpose of receiving the Secretary's Report, to elect
a Committee, and a new Trustee, in consequence of the
loss of a valuable member of this institution.
Mr. Under-Sheriff PRITCHARD took the chair, and
briefly stated the objects of the meeting.
The SECRETARY then read the Report, from which it
appeared that a balance was remaining in his hands, after
paying the expenses of the year, of 901. 16s. 9d. • It
further stated that arrangements had been made with
Miss Need, who had established an institution for the
reception of unfortunate females, to receive annually
a number of these females from this Society, for 3001.
per annum. The females to be selected were those be-
tween the ages of 13 and 30, in order to arrest the progress
of crime in its early stages, by being placed under the
care of experienced matrons, the time of probation being
two years. The institution was conducted by. Miss
Need and a Committee of Ladies, who were experienced
in prison discipline. The inmates were taught to read
and write after the duties of the day. The Chaplain at-
tended them twice aweek, and at the end of their probation
they are sent back to their friends when they lived at a
distance, or were provided with situations as servants.
jMany families who had received servants from the insti-
tution had made repeated applications for more. The
report then went on to state, that they had to deplore
the loss of Mr. Richardson since the last meeting,
whereby a vacancy occurred in the trusteeship. The
Committee felt confident that the Society was only to be
known to the public to at once enlist its warmest sup-
port and sympathies.
Mr. ANDERTON rose to move that the report be ap-
proved, and entered on the minutes of the Society. He
could not but regret that the meeting was so thinly at-
tended. That great metropolis abounded with philan-
thropists, and he was quite sure that this charity was
only to be made known to them, and they would imme-
diately come forward to assist it.— (Cries of " Hear,
hear.") He would ask, what could be mere ad-
vantageous to the public than that of endeavour-
ing to rescue from crime those, who had taken
the first step in it. They knew that when men or boys,
or women, had been committed to prison, on their re-
lease their character was gone, and unless there was
helping land to rescue them they had no other
means whatever but to resort again to the commission of
crime. The Society's object was to afford assistance to un-
fortunate individuals who had been thrust from the paths
of honesty by the pressure of distress, and who might
by their situation be driven to commit fresh crimes ; to
enable others to return to their relatives and friends,
and thereby prevent this evil; and to supply clothes and
necessaries to females sent abroad. Another im-
portant object of this fund was to relieve poor
debtors, and, supplying them with a small amount,
enable them to surmount their difficulties. Therefore this
Society was not only instituted for the purpose of reseal-
ing the criminal, but also for restoring to society the
man pressed down by misfortunes and pining in gaol.
He did not know of an institution in this great metro-
polis that was more entitled to the support of the phi-
lanthropist than that which they had that day met
to support.—(Hear, hear.) And he did hope and
trust that before many months were past that its use-
fulness would be generally circulated throughout the me-
tropolis, and that it would be upheld with that support
which, in his humble opinion, it richly deserved. With
these few observations, he begged leave to propose that
the Report then read be entered on the minutes.
This being seconded,
Mr. JOHN JOSEPH STOCKDALE rose and said, that he
took the liberty to make a remark upon one point in the
speech of Mr. Anderton, which was that relative to the
thinness of the meeting, which he (Mr. Stockdale) at-
tributed to their own advertisement, as it stated that the
meeting would take place at one o'clock precisely. Now,
they all knew what public meetings were, and they
generally were called at one o'clock for two ; but the
present advertisement left them in doubt as to what time
the meeting would take place. He entirely attributed the
thinness of the meeting to this. Last year there was
but one advertisement, and there was a greater number
at the meeting.
Mr. ANDERTON said, that most likely it was accounted
for by that day beint, the first Court of Aldermen, and
he knew many gentlemen who were there, but who
would otherwise have attended the meeting. This, too,
would account for the absence of the Sheriffs.
The SECRETARY said, the advertisement was the
same as the former ones.
The motion was then put and carried.
Mr. TAYLOR rose and proposed that Mr. Thyselton
Dyer be re-elected Treasurer to the Society, and that
the thanks of the meeting be given to him for his assi-
duity in the cause of the Society.
Mr. ANDERTON seconded the motion; He did not
know any gentleman whose mind and whose hands were
more open to .acts of charity than Mr. Dyer. At the
same time he knew that there was no individual who
would look better after the funds of the Society than that
gentleman.