The Sun.
London, England, 1840-02-15 00:00:00

MONEY MARKET and CITY NEWS.

(FRIDAY EVENING.)
TIMES.-As the time is near at hand for the usual notice
from the Trea,,ury calling in the Exchequer bills which be-
come due in March, there is some anxiety felt here to ascertain
at what rate of interest the new bills to be exchanged for them
will be offered. As the market for them is peculiarly weak,
no great expectation of an advance is implied, and yet. the more
practised jobbers in these securities maintain that nothing but an
advance, and that not a trifling one, will keep the present amount
afloat, and prevent their being paid in for duties ; that the
rate of 2d. per diem will net do, and that a rate of 2frd.
per diem is required to answer the purpose. Though the
regular,
.Government bills, such as are now nearly at maturity,
have been for some days prat at a premium varying from 10s.
to 145., they are so ill supported as to make it likely that a few
sales of no great amount would sink them to par, or lower ; and
as to commercial bills, though circulating at a somewhat higher
interest, they have been done currently at 20s. discount.
The debate of last night had, as might have been expected,
an effect on the English Stock Market, though not equal as yet
to the feeling it had excited.
It was settling-day in the Foreign House, and money was
somewhat in demand in the early part of the day, but was pretty
easy afterwards. The chief feature has been a firmness in the
prices of Spanish securities, which have been maintained
throughout the day.
There has been a trifling improvement in the course of ex-
change on Hamburg and Paris. Amsterdam continued about
the same as last post. In general, the supply of bills may be
considered as having exceeded the demand.

CHRONICLE.—The flatness in the English Funds has been
rather increased to-day by the discussion on the public finances
which took place last night in the House of Commons. It is
remarked that the Chancellor of the Exchequer did not deny
the estimated deficiency of income for the year 1840, at

£2,000,000

To which must be added the ascertained deficit
at the end of 1839, amounting to
Making a probable deficiency at the end of the
year 18-10 of
In addition to which 11r. Herries estimated the
loss on the Post-office revenue at

2,678,000

4,678,000

1,200,000

In all £5,878,000
In this way Mr. 'Terries comes to the conclusion that, at the
close of the year 1840, there would be a deficiency of nearly
six n illions sterling. In doing so he assumes a deficiency of
1,500,0001. in the income compared with the expenditure for
the year 1840, being the same as in 1839, to which he adds
500,0001. of increase in the Navy Estimates, and leaves other
matters out of view. Although this may, perhaps, be a near
approximation to the truth, it is open to question, particularly
in so far es it seems to assume that the income for 1840 will
not be more than it was for 1839, and that the loss of Post-office
revenue will be half its gross produce. In this respect, at
least, we trust his calculations are erroneous, and that in the
current year we shall not be exposed to those derangements in
our monetary system and commercial embarrassments which
paralysed trade and manufactures during the past one. But
assuming that the year 1840 should be more prosperous than its
predecessor, and that Mr. Herries has greatly exaggerated the
deficiency of Post-office revenue, still the threaten;ng aspect of
our foreign relations must in all probability lead to a heavy in-
crease of expenditure, and we cannot therefore safely reckon that
thedeficiency will be much less than the amount at which it
has thus been estimated. It is better, however, that the truth
should be known, than that the uneasiness which has existed
for some time past should continue, from an ignorance of the
extent of the embarrassments in which the national finances
are known to be placed. At the same time due weight should
be allowed to the awkward position into which the Chancellor
of the Exchequer has been th,own by the vote of last night,
in compelling him to render an account at present of the es-
timated income of the conso:idated fund for the year 1840;
but, taking everything into view, he, perhaps, would have
done better to have anticipated the motion of his opponent, by
boldly meeting the case at once, and laying the true state of it
before the public.
This being settling day in the Foreign House, the business
transacted was chiefly in arranging the accounts. The fluc-
tuations during the current account have be'..n principally
confined to Spanish and Colombian Bon':is. In the first
the extreme range has not exceeded 1 per cent., and in
the latter about 2i per cent. The
market for Spanish
Securities to-day has been firm throughout, and the closaning
quotations are at the highest rates obtained during the Ac-
count. Prices have again come over I better from Paris,
w ere Spanish Stock has been creeping up at about that
rate for some time past. It is of course surmised that M.
Ouvrard is at the bottom of the intended new loan, and
that the speculators on the Bourse have got some
know-
ledge of its real character. The increase of price on this side
seems therefore dependent, in some degree, upon the belief
that the Parisians know more than what has yet transpired in
London. The approach of the spring season, and the dimi-
nished amount of force which Cabrera has been abl to keep
together, rendering it probable that Espartero will soon be
able to resume active operations, have also tended to give con-
fidence to the holders of Spanish Bonds. If the reports be
true, however, that in order to obtain a majority in the Cortes,
the Moderado Cabinet had struck off from the electoral roll
many thousand electors in various towns, and had adopted other
arbitrary and illegal measures, it is not likely that the civil
warfare in Spain will be speedily ended.

SUN.—The rates for Bills of Exchange ,on the
principal cities of the Continent, were this afternoon
without any particular alteration. On Paris they were
negotiated at 25 52 to 55 ; on Harnburgh at 13 9to
; and on Amsterdam at 12 2 to 1.
The English Stock market was rather more buoyant
this afternoon, and Consols closed at 90i., both for
money and time. Exchequer Bills did not rally from
the depression to Bs. a 10s. premium, and the other se-
curities were without alteration.
Spanish Bonds closed rather firtr,e,y at 27; ; Portu-
guese New Five per Cents. were. 'neavy at 34 ; Colom-
bian fell to 95i ; and Mexican, to 281; French Three
per Cents. rose to 82 25.
th;_d afternoon. The Brighton at
Shares were heavy
10i, the Great Nortl% of England at 20, and the New
Great Western at,prelnid.iscount. New North Midland
Shares rose. to 5'
The Coir,nial Markets were extremely active this
afternoon, and the rise of 6d. to Is. per cwt. on British
Plant"..tion Sugar was fully supported. Tea also was
unr.sually brisk, and there were eager buyers both
'Among the trade and speculators. Just before the ter-
mination of 'Change hours, many holders refused to sell
at the advance obtained during the afternoon, and Com-
pany's Congous were very firm at 3s. 2d. per lb. cash.

MURDER OF A MAN SEVENTY YEARS OF
AGE.—On Thursday, Maurice Hanrahan, accompanied by
his son-in• law, went to the fair of Carrick-on-Suit, and,
after transacting business, they left together for home ;
but poor Hanrahan, who was a respectable farmer, and a
sober, steady man, was doomed never to rears his home.
When the son-in-law, whose name was Collins, had got to his
house, he was asked where he left the old man, and the answer
he made was, that " he left him lighting his pip, on the road."
When the night had passed away, his family got alarmed about
him, and instituted a search, the result of which was,
that he was found in a dyke of water, a mile from his own
house, murdered in the most savage manner with stones. His
brains were litera:ly beat out, and his body presented a most
appalling spectacle. Suspicion rests on the son-in-law, who is
in custody. The son of the deceased was also murdered eleven
years ago on the same lands.

On Sunday evening, Sept. 15, a young English
lad, servant to the chief officer of the Mermaid, went amongst
the Chinese boats lying in shore in Hong-kong Bay, and was
not seen or heard o. till three or four days afterwards, when the
corpse was picked up floating about the Bay. The body was
dreadfully mutil-;ted by some sharp instrument, and a mark
round the ne;:x gave evidence that the unfortunate lad had been
strangled. This is not the only unfortunate occurrence of the
kin, that has happened since the ships have been in Hong-kong
ISay. In the beginning of September a corpse was taken
out of the water, and another about the 17th.—Canton Regis-
ter, Oct. 1.

The next performance of the Sacred Harmonic
Society will form a pleasing contrast to those which have pre-
ceded it. The anthems of our old masters, sung by a chorus
of upwards of 500 voices, will be a treat which all who have
an ear and a heart for the sublimity of our Cathedral service
should not lose sight of.
, inquest
respecting EA TII FROM DESTITUTION.—At tne
respecting the death of T. Bale, a pauper, Mr. Mosgrove, a
surgeon, who opened the body, said it was his opinion, from
the diseased state of the lungs, that deceased died of natural
causes, accelerated by destitution. The Jury returned a vet.
diet in accordance with the surgeon's opinion.
SUPPOSED DEATH TRHOUGH DESTITUTION.
—On Saturday evening an inquest was held before Mr. Wak-
ley, M.P. (now officiating for Mr. Baker, indisposed,) at the
Cumberland Hrad, City-road, on the body of Thomas Bale,
aged 52, a casual pauper. Eighteen Jurymen were sworn,
and the inquest room was crowded with parochial officers. Dr.
Kay, and a shorthand writer attended on the part of the Poor
Law Commissioners. Mary Ann Mason, who had cohabited
with deceased for 23 years, stated that he went i_ltto St. Luke's
workhouse a little before the Christmas, and came out of his
own accord on the 3d of January. He died on the evening of
the 2d inst. By the Coroner—He told me he came out
because he had not bread enough, and for seven nights after-
wards he slept at the Asylum for the Houseless Poor in
Playhouse-yard. When he came out of the workhouse he
was in better health than when he went in. I wished him
to return, because I knew he would be quieter in the house
than at home, but he refused to do so, and appeared hurt at
the wish I expressed. By a Juror—Since he left the work.
house I made no application for relief to the parish autho-
rities. On the Wednesday before he died, I applied to a pri-
vate parochial committee for the distribution of relief to the
poor. On the Saturday following, one of the gentlemen, Mr.
Derbyshire, came to my lodgings in Scott'e-yard, Upr
Whitecross-street, and left me a coal ticket and two bread
tickets. He also gave me an order for the doctor,. whose
assistant came the same evening, and said deceased was too
far gone for anything, whether medic;ne or food, to do him
good. In reply to the Coroner, witness stated several times
that. she had no complaint to make against anybody, but she
added, that deceased told her that he had not had proper
nourishment for his body. The Coroner said, that the object
of the inquiry was not to hear allegations or evidence to rebut
them, but to inquire into the precise cause of death. The
most logical mode of proceeding, therefore, would be to have
the body examined internally, to see whethe;-, :deceased died
of want, or of some disease in the course, of-Mitt/re. If he
died of disease not accelerated by want, there woulitte an end
to the inquiry ; but if he died of want, an adjetiffitiloot of
the inquiry would afford time to rake about., and sec' whether
evidence could net he found to prove the parochial authorities
guilty of neglect. The Jury, egreeing with the suggestion of
the Coroner, the inquiry was adjourned.
LONDON FOG.—The fog in which the metro-
polis yesterday was enveloped became so dense at night that it
was found necessary to procure men for the purpose of preoed.
ing the mails and other stage coaches out of LcAdon with
torches, for the distance of about ten miles. A number of
steam vessels did not proceed either up or down the river on ac.
count of it.