The Sun.
London, England, 1841-02-20 00:00:00

MONEY MARKET and CITY NEWS.

FROM THE MORNING PAPERS OF YESTERDAY.

C HRONIC L E. —The intelligence from the East being
looked upon as satisfactory, and the fate of the Fortifica-
tion Bill in the Peers being thought by some part:es
doubtful, the funds have presented a firmer appearance.
We have received a file of Sydney papers, the latest of
which is of the 9th of October, being only one day later
than those previously received. The Legislative Council
were still sitting, but their proceedings were principally
taken up by various Bills before the House of a local
nature. The Governor had expressed an opinion that if
the General Insolvent Bill before the Council at the early
part of the Session had been passed into a law law, what
ever monetary embarrassments bad taken place lately would
have been thrown upon the law; but he was glad to say
that he had reason to believe that the depression was pass-
ing away, and he thought the colony would do very well
without an insolvent law, the old law not being at all se-
vere. In the course of two years he found that only
thirty-four persons had been imprisoned a second time,
and two only a third time, and the terms of imprisonment
were very short.
The American discovery squadron was left at the Fejee
Islands on the 18th of July last, busily employed in making
a full survey of that intereAting group of islands. Her
Majesty's surveying ship Sulphur, and tender, arrived at
the Fejee; about the Ist of June.

POST.—We have authority to state, for the informa-
tion of the Portuguese bondholders, that Mr. Thornton is
still in correspondence with the Lisbon Executive on the
subjrct of the late financial proposition, and that he can-
not feel himself warranted in rccommcndir.g them to agree
to the terms cf conversion offered until assured that no ad-
vantage can he taken of them under the provisions of the
6th article of the decree. 'We know that Mr. Thornton
has received a communication from the new Finance Mi-
nister on the matter, in reply to one addres'ed by him to
M. Ferraz, his predecessor, but that, as it is by no means
sati,f;ctory t ) him, he purposes to address the Mil,ister
again by next packet. The whole of the eon espondence,
when completed, will he laid before the public. In the
meantime, even those parties who have given in their con-
ditional adhesion to the scheme will do well to proceed no
further in the busine,s.

TIM E S.—The English Stock-market was very firm
throughout the day, and the later bargains were at im-
proved prices.
The letters from Manchester state that an unusual de-
mand has sprung up there frita new fabric of the " mousse-
line-de-lame" species, w-bfels is stimulating the manufac-
turers to great exertions, both iii extending their power of
production, and making new improvements in the patterns.
Of these, through the facilities the money postage gives,
many specimens are transmitted in the letters, and the pub-
lic, till they have seen them, will hardly credit what really
elegant fabrics are produced, at the price of 14d. a yard,
for a commodity of 27 inches wide. It serves as an addi-
tional proof, if any %ere wanted, of the means by which
our manufacturers, if fair play is given to them, contrive
to obta;n the command of every market in the world.
Some of the mantsfac tilers have orders for all that they
are able to produca within the next three months. Money
seems to continue in considerable demand in Manchester,
but not so as to create any very serious impediment to the
general activity which is springing up in the trade of the
district.

By a " cotton circular" of the 4th ult. from New Or.
leans, addressed, to a leading house from Liverpool, it ap-
pears that the reports from the Ist of October to the 31st
of December, 1840, were 108,766 bales to Great Britain,
46.274 bales to France, and 58.560 bales coastwise, mak-
ing a total of 213,600 ha'es against 220,546 bales during
the same period in 1839, *nada up of tt e quan-
tities :-95,111 b4l t) Great Br itahl, 91,312 bales to
France, and 34,123 bales coaquiic. The receipts from
the Ist of October to the 31st of December, 1840, were
288.406 bales from Louisiana and Misi,sinpi, 16,651
ba!es from Alabama and Tenuelsee. and 4,309 boles from
(Aber ports, makings total of 309,366 bales. In the sante
petiodia 1839 there sere 296 189 bales from Louisiana
and 27,931 bales from Alatania arid 'renr.e.:-
se?., and 6,147 bales from ether ports, maki,,g- a tot.rl of
330,267 bales.

MEETING OF MIDDLESEX MA
GISTRAT E S.

Thursday a very numerous meeting of the Magistrates
of the county of Middlesex was held at the Sessions
House, Clerkenwell, for the despatch of county business,
Mr. Sergeant ADAMS in the Chair.
._..

The inMutes of the last Court were read and confirmed

HOUSE OF CORRECTION.

The Report of the Visiting Justices of the House of
Correction was read. It stated that there were at present
confined within its walls 682 males, 221 females, and 13
children; total, 913.