The Sun.
London, England, 1848-06-09 00:00:00

S N, JUNE 9, 1848.

THE SPECIAL CONSTABLES OF

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THE CITY OF LONDON.
The following are the suggestions which Mr. D. W.
Harvey hiss submitted to the Lord Mayor for the govern•
merit of the special constables, should they be organized
in the City :
" Rules to be observed on the formation and government
of the special constables, to be embodied for the pro-
tection of the lives, liberties, and property of the citi
zens of London—
" That the Alderman of each ward be requested to
furnish to the Lord Mayor, on the Ist day of May in
every year, a list of the names and residences of the
persons who have been chosen to act as special con-
stables.

" That, for the purposes of instruction in the forma-
tion of ranks, sections, and divisions, and in the most
essential movements for rendering them efficient when
acting in large bodies, eight of the wards be appointed
to muster at the Artillery-ground three nights in every
week of the summer months.
" That each ward have a distinguishing letter, to be
marked upon the armlets to be issued to the constables,
and that each constable also bear a number.
" That upon the first assembling at the ground
each ward be separated and told off in sections of
eleven each, and that they then choose from amongst
themselves a captain, who shall be responsible for those
under his charge, and report all cases of inattention or
irregularity.
"That every 10 sections elect from amongst their
number an officer to take charge of the whole, to whom
the reports of the leaders of sections shall be made, and
who shall be responsible for the general conduct and
attention of the division.

" That in each ward an honorary secretary be ap-
pointed by the Alderman, through whom any commu-
nication may be addressed to the officers and constables.
" That on the instruction days properly qualified
officers from the police force attend at the place of mus-
ter to carry out the suggestions and objects of the fore-
going regulations.
" That each constable receive, when appointed, a
printed certificate or warrant, signed by the Alderman
before whom he was sworn.

" That such special constables be in readiness on all
occasions of public emergency to act at the shortest no-
tice, and that they shall, immediately upon receiving
notice from the secretary or person deputed for that
purpose, assemble at the appointed place, and thence
proceed to any part of the city where their services may
be required.
"That donations be received by the alderman of each
ward, and by him transmitted on the Ist of May in each
year to the Lord Mayor to provide a fund for contingent
expenses."
Extract from a letter to the Lord Mayor, dated June
5, 1848, by the City Commissioner, alluded to in the
Court of Aldermen on Tuesday:—
" There are two subjects of a more general character
which I consider as calling for the especial aid of your
Lordship; and which I urge with the greater earnest-
ness because I believe that the political and social aspect
of affairs does, and will continue to, impose great and
constant vigilance upon the police and special consta-
bulary of the city.
" 1. I consider it essential to efficient co-operation that
the earliest information should be given to the chief
office of all civil and military dispositions proposed to
be taken by the Home and metropolitan offices which can
in any way preserve the peace of the city, or facilitate
the efficiency of our service. I need scarcely add how
readily and heartily I shall concur in any measure cal-
culated to strengthen the combined and cordial co-
operation of the forces.
"2. Experience and observation have satisfied my
mind that unorganized bodies, however zealous and de-
voted, are of little use unless made really efficient by
passing through a course of training and discipline, by
which obedience to orders, and their prompt execution,
can alone be secured. So trained, the co-operation of
special constables would be of the greatest advantage.
" On the 19th day of April, 1848, I transmitted to your
Lordship the outline of a system of action having this
object in view, and to which I understood your attentio❑
had been drawn by many of the principal bankers and
merchants of the City. The use of the Artillery-ground,
which had been recently given to the City police mainly
upon your Lordship's intercession, greatly facilitates this
object."

MONEY and COMMERCIAL NEWS.
CITY, QUARTER TO THREE.
In the Liverpool Cotton Market yesterday the sales
were 4,000 bales. The market closed heavily. Ame-
rican had a downward tendency. In railway Shares
business was conducted on a limited scale, and there
was no material change in prices.
Attention has been very properly directed to the Board
of Trade returns for the first tour months of the present
year, but really we cannot, upon the whole, acquiesce in
the somewhat desponding views which the Times takes of
the matter. It is true that the monthly return to May ex-
hibits a less favourable result than the statement for the
four months, but with Chartist agitation and the whole po-
litical system of the Continent overturned, it is only to be
wondered at that matters have not been much worse. The
imports of sugar have fallen off, but the consumption
has increased, the low price of West India sorts having
especially stimulated their use. The exports of raw
sugar have been augmented, and this is one result, we
conceive, of the preference given to England, in
shipping here an immense quantity of produce, which
may be resold as opportunity offers, to Continental
buyers, the profit of the English merchant, consisting
simply of his commission, which, however, exposes him
to no risk. Coffee, with increased imports, shows a
diminished consumption. Tea has been used more
extensively, as well as spirits, colonial and foreign.
Our exports of many leading articles exhibit a decided
falling off, and although the revenue may not suffer
from this cause, the condition of the people must have
become deteriorated. We have no hopes of a conti-
nental demand for our manufactures, but we do look for
some activity in the American and Indian markets.
The discount market is very easy now capi-
talists find themselves more competed with by the
Bank of England. Many parties owing to the scarcity
of bills are glad to make advances, reserving a fair
margin for a fall, upon produce. Bullion continues to
arrive to a considerable amount. A New York
journalist states, however, that " should every steamer
from this port, from this time to the Ist of January
next, carry out halt a million of specie each, the aggre—
gateshipments for the year 1848 would only be about
one-half of the total importation in 1847."
The arrangement of the Account in the COnsol
market has been the chief
business done to-day, and
prices being no longer influenced
ger by Bear purchases,
have gone back t
for Transfer has b: per ,
cent. The value of Consols
been 84, to and for Account, 84} to
Exchequer-bins are ap to 365. and 40s. premium.
Bank Stock is firm at
Three-
and-a. Quarter per Cents. have to 193.avebeen Thu New Three-
-8311 to
v heavy.
The Foreign Bonds are
per Cents. have declined toe i ery 1
Spanish Five
Portuguese Old Bonds
are at 63. Brazil Stock is 68
Shares are firmer generally, though very dull.
retcEs OF BRITISH FUNDS. (r&OCE CLOSING
Bank Stock l9l 193 PRICES.
3 per Cent. Reduced Anns ..... 8231 5 193
3 per Cent. Consols Annuities ..... . 8414 12 v. 82%
New 314 per Cent. B3:ki 841 i
uong Anns. to expire J an. 1860 8 9-16 33%
India Stock BIA
India Bonds, 1,0001.

Ditto under 1,0001. . ....... 17 20 p
South Sea Stock

3 per Cent. Annuities,l7sl 8214
Consols for Opening, July 14 841A114
Exchequer Bills. 2d.
1,0001.
5001.
Swell 3B 36 40 p

omrE
O'CLOCK.

16 p
20 p
92%
8214
84

40 p
40 p

40
CLOSING
PRICES.
68