The Sun.
London, England, 1840-07-18 00:00:00

SPORTING INTELLIGENCE.

LIVERPOOL JULY MEETING--Tatrasnay,
The Grand stand was tolerably well attended this day, and
some thousands were also on the ground, but only a moiety of
the number which appeared yesterday. The showers wl-ficls
fell the previous evening had laid the dust, and the day being
very fine, the company proceeded to and from the cour.-e with
same degree of pleasure and comfort. Want of room compels
us to curtail this day's proceedings, we will therefore proceed to
the running.
The Knowsley Dinner Stakes of 100 sm. each, h ft. for three-
years-old, colts, Ist 61b; fillies, Bst 21b. Once round.
(6 subs.)
Lord Westminster's The Shah (Nat) walked over
A Match for 50 sovs. each, h ft. Half a mile.
Colonel Anson's blk fby Lamplighter. 7st 111 b ......(Nat) 1
Lord Stanley's ro c De Clifford, Bst 71b
Lamplighter the favourite, who won with ease.
The Stanley Stakes of 15 sovs. each, 10 ft, with 3 added, for
two and three-years-old ; two, Get 12lb; three, 9st 21b. The
second horse to save his stake. T. Y. C. (6 subs. )
Mr. Billington's b c Snoozer, 3 yrs (Darling) 1
Mr. Palmer's br c Priamus, dam by Walton, 3 yrs ... ...... 2
The St. Leger Stakes of 50 sovs. each, 20 ft, with 50 added,
for three yrs old, colts, Bst 81b ; fillies, Bst 31b. The second
horse to receive 501. out of the stakes. One mile and three
quarters. (17 Subs.)
Lord Eglinton's b e Dr. Caius, by Physician (Cartwright) 1
Lord Westminster's the Shah, by Abbas Mirza ..... 2
Lord G. Bentinck's b c Naworth, Is), Liverpool... 3
The Young-'un, blk c by The Mole, and b c by Physician,
also started, but were not placed.
The race was well contested by The Doctor, The Shah, and
Naworth, and was won cleverly by the former,
The Stand Cup, value 100 sovs. in specie, added to Handicap
Sweepstakes of 15 sovs. each, 10 ft. Once round and a die.
(22 Subs.)
111 r Bowes's ch f Mickleton Maid, 4 yrs, 7st 51b......(Nat) 1
Duke of Cleveland's b c Sampson, 4 yrs, Bst Ilb
Lord G. Bentinck's b e Naworth, 3 yrs, Est 111 b .
St. Bennett, Maid of Morton, Bellena, Cruiskeen, and An-
tigua also started, but were not placed.
An excellent race between Mickleton Maid, Sampson, and
Naworth, the former winning admirably.
The Grosvenor Stakes of 15 sovs. each, 5 ft., with 50 added;
for three and four year olds—three, 7st 41b ; four, Bst 101 b.
One mile and three quarters. (la subs.)
Major Yarburgh's br c Charles XII., 4 yrs Lye 1
Lord Westminster's b c Maroon, 3 yrs
The pair went off at a slashing pace, Charles taking the
lead ; a change or two, however, took place before the turn,
when Charles went off at his best speed, and won by about a
neck.
The Selling Stakes, a Sweepstakes of 5 sovs. each, with 70
added; three years, old, 7st; four, Bst 4lb ; five, Bst 101 b;
six and aged, 93t. Winners once to carry 31b. extra; twice,
61b. Mares and geldings allowed 31b. Heats, once round.
The second horse to receive 10 sovs. out of the Stakes, and
the winner to be sold for 150 sovs., if demanded in the
usual way.
Seven started. The following were placed :
Mr. Loyds's b c Ararat
Major Hayes's ch m Genevieve
Mr. Speeds's Aimwell .

LATEST STATE OF THE BETTING AT
LIVERPOOL.
The cream of the Manchester turf characters being this and
two or three previous days in the vortex of rank, fitshi", and
opulence at Aintree, we shall confine our figures (in preference
to the doings at Mr. Rake's, Manchester) to the betting last
nigh at the Subscription-rooms, joing that slap-up establish-
ment, the Talbot Hotel, Great Charlotte-street.

GOODWOOD CUP.
4 to 1 agst Charles the Twelfth—taken freely
5 to 1 agst Lanercost—taken
6 to 1 agst lletman Platoff—taken
8 to I agst Romulus—taken
The betting was very brisk and heavy. Previous to the
Cup-race 12 to I was freely taken Broadwath won the Cup and
Doncaster St. Leger ; and in some instances as low as 8 to 1
about him for the Doncaster event; for which race 3 to 1 was
uffered on the-Field last- glorious " soaking night," -I.4ficelot

TIMES.--Lettcrs from Manchester state that the Com-
mercial Bank commenced on Wednesday, and were continu-
ing yesterday to honour their notes of issue. This exists,
however, only as regards each branch, and the parent
establishment redeeming their own issues. For instance,
a note drawn and made payable at. Blackburn, and at the
London agents, hes been honoured only at Blackburn, a
regulation which has caused some confusion and disap-
poiroment to the holders of notes. Great merit, however,
is escribed to the body of the shareholders for the mat-
ner in which they have come forward with their means
to meet this emergency.
The attention of the Joint-Stock Banking Committee
has been called to the late trial of Mr. Wood, late Manager
of the Walsall and South Staffordshire Bank, at the Wal-
sall Sessions, for embezzling the property of fie bank.
He was acquitted on the ground, that being a shareholder,
it was impossible to prosecute him criminally; that the
crim'nal law, as it at present stands, provides no remedy
for such a case. The verdict is rendered more important
by the practice, which, it is said, prevails throughout
joint-stock banks, of cmployirg no one as a manager
who is not also a shareholder, and thus, according to
the present law, every Joint-stock Bank might be robbed
by a manager, without the latter runnlng any risk of cri-
minal prosecution. With the view of remedying such a
state of things, a deputation from the Committee waited
yesterday on the Chancellor of the Exchequer, proposing
to amend the law relating to Joint-stock Banks.
The Chancellor of the Exchequer said it was necessary
to consult the Attorney-General on the subject of the pro-
Posed alteration, and promised to communicate the result
to the Committee.

HERALD.—_A Minizterial Morning Paper long and
deeply in the secrets of Spanish loans and loan-jobbers,
has formally announced the approaching arrival of Com-
missioners to treat about another loan. The pap:r in
question, in the midst of an unmeaning or rather decep-
tious far ago about justice to the bondholder& and all that,
has the impudrnee in no very indirect terms to bespeak a
farouilble reception for the new loan.

POST.--The .14orning Chronicle keeps drivelling on
in the most pitiful style about Spanish finances. We
perhaps, find out now very coon what it is our hy-
pocritical contemporary is after. His policy is, as he him.
self admits, to treat the convicted rogue as an honest man by
way of encouragement; and, assuming tbat this disingenuous
mode of proceeding is not confined to one particular object,
we cannot but entertain the suspicion that there must be
some sinister motive lurking at the bottom of his affected
solicitude for the character of the Madrid Treasury.
The advertisement of the Committee which appeared in
the Morning Post of yesterday, cautioning the public
against any fresh attempt that may be made upon their
pockets, has apparently quite disconcerted the Chronicle
party. Our Contemporary, the late eulogist of the body,
says, ‘..‘ We cannot approve of this rash and sweeping de-
nouncement promulgated by the Committee. They must
take care whit they are about, and not assume
too much. They must allow the bondholders at
times to think far themselves, and this matter of a
new loan is one in which that course of action is
especially requisite." The Chronicle does not pre-
tend, ho says, to be in the, secret, and yet he is of opinion
that the bondholders would be gainers by a measure which
would enable the Spanish Government to redeem the bonds
lodged in the Bank Ssn Fernando, meaning, of course, that
they cannot do a better thing with any loose cash they may
have about them than to place it in the hands of those very
trustworthy gentlemen. Our contemporary's sermon will
fail in its purpose this time. The bondholders have really
as much of the old commodity as they can possibly digest.
tie is acting a part, but he acts it with so little art that no
one can help detecting the imposition.

SUN.—Little was done this afternoon in the Fo-
reign Exchanges, and the quotations continued heavy.
Bills on Paris were taken at 25f. 521 e. to 25f. 55c. ;
on Amste:datn, at 12 2 to 12 2/ ; on Hamburgb, at
13 2 to / ; and on Frankfort at 149/ to 1491.
The very favourable weather we have had for the
last day or two, has exercised a beneficial influence on
the vaitie of the public securities, which are at present
firm. Money, however, was rather in more demand,
and this led to a trifling decline in the quotations for
the unfunded debt to-day, in which a good business
continues to be transactbd for purposes of investment.
Consols to-day have been marked 9.14 to 915
foi present transfer, .and 92/ to 921 for
Account ; the latter improved price having
been obtained just before the termination of business.
Exchequer Bills were marked 325. to 305., and 295.
premium ; and East India Bonds 2s. to 4s. premium ;
Bank Stock improved to 173/ and 174 ; the Reduced.
Three-and-a-Half per Cents. were steady at 100/ to
1005 ; the New Three-and-a-Half per Cents. continued
at 9913- to 99i ; and the Reduced Three per Cents.
brought 92/ to 921.
Foreign Stocks closed rather better. Spanish 28,
Portuguese New 351, Brazilian 801, and Dutch Five
per Cents. 103 to -a..
This afternoon there was rather more animation in
the Share Market, but sales could only be effected at
a slight depression. Gieat Western Railway Shares
were at 40, New at 18/, and Birminghain at 97 prem.
Brighton Shares were • marked 7, and North Midland
34 discount.

SPIRIT of the PUBLIC JOURNALS.

rOF Tile!! DAT.
iansner of the Royal Agri-
Ch Chronicle. ) DAT.)
FROM TFnr Ho
mid
tohßeN N
great
rr
:Pint ;di
at Cambridge, on Wednes-
day last, of which we yesterday inserted a full account,
culTtuhrealprSocoeceiedtiyngosf at
England,th
will be read with a degree of satisfaction not often pro-
duced -of late by agricultural meetings. The general tone
of the speeches, and especially that of Sir Robert Peel,
was wise and conciliatory. There was a rigid and laudable
abstinence from party topics and narrow views of class in-
terest. If the society be supported, and its operations
conducted in :the spirit manifested on this occasion, we
may safely augur very beneficial consequences from its in-
fluence.indication appeared that this associa-
tion to operate as a fresh barrier against the
ivas
prepared Had r nY
demand of justice for the people, in the article of cheap
food, we should not have spared our comments on the ne-
farious purpose. But the subject, together with ell, topics
of party strife, was carefully avoided ; and the avoidance
was impressively enforced by Sir Robert Peel, both in
his direct admonition and in the example of his own speech.
So far from an injurious bearing on that great question,
there is much in the proceedings of the day,"and may be yet
more if thev'be appropi iately followed up in the:o of the so-
ciety, that tends towards its final adjustment. There arc
two ways in which the recommendations so ably urged
by the Right Hon. Baronet wilt materially serve the
public interest. First, it must make better understood
_
ct
the condition of the agricultural labourer, arid the
, uesffs
of the present system upon his comforts and means of
sistence. "It would," observes Sir Robert, " strengthen
rind cenfitm the connection which united the landed. pro-
"lstieleir- with- the yeomanry, and both with the labouring

had " the call" of the flying mare (Crucifix); 9 to 1 asst Col.
Peel's two, viz., Drayton and Gibraltar • 15 laid in scores
twice v. the latter. Offers this instant made to take 7 to 2
()a Charles- the Twelfth for Goodwood Cup.

MONEY MARKET and CITY NEWS

(FRIDAY EVENING.
CHRONICLE.—The English Funds have been rather
heavy to-day at a decline of if per cent. on yesterday's
quotations. A purchase of 50,000 Consols wasr made in
the morning, whichecaused.an advance to 924, buyers, for
the Account, but they closed at 92} sellers.
The Continental Exchanges were neain rather flatter,
' particularly on Ilemburgh. This fall cf itself might
create some !Incas;ncss, but it must be kept in view that
gold is decliniag it: price in Flee:burgh, having, by the last
Two mails been quoted 2 marks lower, thus reducing the
price in that city from 431 to 427 marks, and entailing a
loss on any bullion exported thither from hence. It
is also proper to observe, that the exchange on St.
Petersburgh has Leen falling in Hamburgh, which,
in all probability, arises from the circumstance of the
Russian ports being now declared open fcr the
import of grain. Those facts, combined with the glut
of gold which now exists on the Continent, must mecca-
sarily tend to dispel any alarm which might be produced
from this state of the foreign exchanges. Indeed, if gold
should continue in such abundanCe on the Continent, and
the prices of the precious metals there go on to fall in a
corresponding ratio, we may soon expect to find gold sent
to this country by merchants instead of bills, and thus there
is no cause to apprehend a drain upon the Bank.
The defective state of the law as applied to Joint-stock
Banks—more particularly the law of partnership, as exhi-
bited in a trial in Staffordshire the other day, in which the
manager, who was also a shareholder, was prosecuted for
robbery of 7,0001, and acquitted, on the plea that, being
a partner in the bank, he could not commit a robbery on
himself—has excited a considerable degree of interest
among that body. The Committee of Deputies bad an
interview with the Chancellor of the Exchequer yesterday,
to point out. the evil, and suggest a remedy by the inser-
tion of the following clause into the Bill about to be re-
newed relating to Joint-stock Banks, similar to the law in
Ireland :--
" And be it further enacted, that if any person or per-
sons, being a member or members of any copartnership of
bankers in Ireland, shall steal or embezzle any money,
goods, effects, bills, notes, securities, or other property of or
belonging to such society or copartnership; or shall commit
any fraud, forgery, crime, or offence against or with intent
to injure or defraud such soeiety or copartnership, such
member or members shall be liable to indictment, inform.
ation, prosecution, or other proceeding, in the name of
any one of the public officers nominated for the time being
of such society or copartnership, for every such fraud, for-
gery, crime, or offence; and may thereupon be lawfully
convicted, as if such person or persons had not been, or
was or were not a member or members of such society or
copartnership; any law, usage, or custom to the contrary
notwithstanding."
The Chancellor of the Exchequer received the deputa-
tion in that frank and business-like manner which is cha-
racteristic of him, by admitting the evil, and expressing
his desire to see it remedied; but as it embraced an altera-
tion in the criminal law, it would be necessary for him
to consult the law authorities of the Crown before be
could undertake to legislate upon it—which was as much
as the deputation could reasonably look for.