The Sun.
London, England, 1840-02-14 00:00:00

MONEY MARKET and CITY NEWS.

(THURSDAY EVENING.)

TIM E S.—The hostile position of this country with
China has been felt to-day in the English Stock-market.
The money price of Consols is quoted at 901, the price for
the account 901 to 1,-, and for April 9li to The un-
funded debt has shared in the depression, and Exchequer-
bills are at Bs. to 10s. premium. Altogether the market
is flit. Money, however, continues in great abundance.
An improved quotation from Paris caused a rise in the
price of Spanish stock, which having been done at 26i,
subsequently advaneed to 271, for the Activeß. Portu-
guese closed at 34 to 1, and Colombian have remained sta.
tionary. Indeed, there has been but little done in any of
the Foreign Funds, with the exception of Spanish.
The Share-market has been dull ; and though the varia-
tion of prices has been slight, it has tended towards a de-
cli, e. Great Western are quoted at * discount to
premium ; Brighton at 11 to 101 discount.

POST.—The effect of the news received yesterday
from China on the value of the public securities has been
much more apparent to-day than was the case in the first
instance. The quarrel which has unfortunately sprung up
on the opium question has been so injudiciously treated by.
her Majesty's Superintendent, Captain Elliot, that an ac-
commodation seems now to be scarcely hoped for by par.
tics interested in our commercial intercourse with that dis-
tant country, and, should the misunderstanding be one of
long continuance, of which there is every prospect, the na-
tional interests must suffer considerably. In truth they aro
already doing so to an extent which it would be difficult to
estimate. The best is, as usual, hoped for ; but we
should very imperfectly convey to the minds of our readers
what has come under our personal observation were we to
conceal from them the undoubted fact, that a most un-
favourable result to the pending dispute is very generally
anticipated by our leading men of business. The damp
thrown upon the markets by the adsices from China was
far from being diminished by the American intelligence'
brought by the Liverpool packet-ship Sheridan front Nev
York, ai everything seems to be again in an unsettled state
on the northern frontier. The memorandum of Sir John
Harvey, addressed to the borderers, and the late proceed..
ings in the Senate at Washington, have certainly a warlike
appearance. Consols left off at 901 to ti for Money, and
90 to for the Account. Exchequer Bills were at es.
to 10g. prem., and Bank Stock 178:} to 9.

SUN.—The result of the two days' debate at the In-
dia House is, that the amendment of the Court of Direc-
tors to the motion of Sir Charles Forbes was carried
by a majority of 56 to 26. The amendment of the
Chairman was to this effect :—`• That the Court deems
it highly inexpedient, and aocordingly declines to inter-
fere with the Executive in the affairs of Sattara." The
Chairman, in proposing this amendment, stated that the
dethronement of the Rajah was under the consideratiod
of the Court of Directors, who would, as men of
honour, as British gentlemen, bound by an oath, do
justice to the Rajah. The Hon. Chairman defended
the conduct of Sir James Carnac, the Governor of
Bombay. There were many of the Directors as well
as of the Proprietors who spoke on the question. The
Court did not separate till near five o'clock this after-
noon.

We are without any recent Continental or other
arrivals this afternoon.

The Funds left off extremely flit this afternoon ;
Consols for Money at 90i a ; for the Account at 90f
to 901 ; India Stock at ; Bank Stock at 178 f.
and Exchequer Bills at Si. premium. The sales of
stock were rather heavy to-day, especially of Consols.
The business in the Foreign Funds was carried on
extensively this afternoon. Spanish rallied to 271 ;
Portuguese Five per Cents. to 341-; but Colombian
and Mexican Bonds fell a shade.

The Share Market closed heavily for the Birming-
ham and Gloucester Shares, also for Great Western,
Brighton, Manchester and Leeds, and North Mid•
Ilnd Shares.