The Sun.
London, England, 1846-10-13 00:00:00

the throne of Spain contained in that treaty, and made by
the Duke of Orleans for himself and his descendants. The
English Cabinet believes that the great Powers of Europe
vvi!l regard in the same tight as itself the modifications
which the Spanish marriage causes in the European
balance of power. It appears that it has sent instruc-
tions in this sense to Berlin, Vienna, and St. Peters-
burgh. We have no doubt that M. Guizot has sent con-
trary ones to our representatives at these same courts.
As to the marriage itself, we have already stated our
opinion quite different from that which' appears to pre-
vail in England. We by no means imagine thst the
marriage of the Duke de Montpensier With the Infanta
is of the political importance attached to it. There will
not arise from it any increase of influence for France; it
is probable, on the contrary, that our influence will be
compromised by the very efforts made to proclaim it.
This marriage is not, in our opinion, anything but a pure
family arrangement, suitable in itself, but which has been
turned into a European question by an ill-conduct( d ne-
gotiation of two years, and by the strange conduct
adopted towards England. It is evident that the Cabinet
of London has not been able to comprehend how, fOr a
simple family interest, the entente cordiale, so much cried
up during six years, could have been violently broken
asunder."

The Presse admits that the misunderstanding be-
tween the French and English Governmen's is of a
very serious nature, but imagines that things will
be arranged by a change in the English Ministry.
It contends that " the Whigs of the present day are
only following in the footsteps of their predecessors
—the Whig Ministers of Queen ANNE," and " that
the results will be the same. They (the present
Whigs) will be discarded, and a Tory Ministry will
be called to office, who will not object to the acces-
sion to the throne of Spain of a grandson of Louse
PHILIPPE, King of the French."

England is not yet a French province, and we do
not think that John Bull would very quietly submit
to be dictated to by the KING of the FRENCH as to
the choice cf his servants.

Accounts from Algiers state that AnD-EL-KADER
is in the environs of Tezza, but that I3ou Maz.t was
still menacing the French frontier, although his at-
tempts t-_, raise the Arab tribes had hitherto proved
unsuccessful. The Minister of Marine and the Mi
nister of Public Works have returned to Paris.

The Courrier Francais says—" General de FITTE,
Inspector of Marines, has just received a letter writ-
ten to Wm at Otaheite by an officer of his own corps,
according to which our troops in the island experi•
enced a check in a conflict with the natives on May
30. It is added
,that Chief de Bataillon DE BREAT,
of the Marines, and Lieutenant MAL-statics-IE, of the
Navy, and about thirty men were killed."

It was reported on the Paris Bourse on, S2turday
that Cadiz had pronounced against the Spanish Go-
vernment, and that CABRERA had landed in Valencia.

The price of flour fell on Thursday nearly 2f. the
quintal, at the Hall of Paris.

The French Government, it is aid, has just decided
on a measure to calm, in some degree, the uneasiness
caused by the dearness of corn. It intends imposing,
as an express condition, on all persons obtaining con-
tracts for the navy and army for bread, biscuit, or
flour, to make them of corn purchased in foreign
countries. This will cause an augmentation in the
total of the budget, but the poorer classes will be
thereby much succoured.
The Three per Cents. closed on the Paris Bourse on Satur-
day at 82f. 70c.; the Five per Cents., 117 f. 70c.; the
Orleans Railroad Shares, 1,262 f 50c. ; Rouen, 9501. ; Havre,
718 f. 75c.: Great Northern, 717 f. 50; Avignon, 907 f. 50c. ;
Vierzon, 6201 ; Bordeaux, 560 f. ; Boulogne, 480 f ; Troyes
and Montereau, 362 E 50e.; Basle, 230 E ; FAmpoux, 380 f.;
Paris and Strasburg, 4981. 75c.; Tours and Nantes, 507 f.
50c.; Paris and Lyons, 522 f. 50c.; Lyons and Avignon,
490 f. ; Bordeaux and Cette, 4801. ; Spanish Domestic
Debt 34.

MARSEILLES, OCT. 6. Marseilles and Avignon, 930 f. ;
Northern, 730 f.
BUSINESS LONE IN FOREIGN RAILWAYS AT 'TIDS
LONDON STOCK EXCHANGE, OCTOLER 10.
Boulogne and Amiens, 14w—Direct Bombay and Madras, 4
Dutch Rhenish, 44—East Indian, --Madras, Nellore, and Arcot,
il4—Namur and Liege, 14—Northern of France Constituted, 13!.4_.
Orleans and Bordeaux, 8 —Paris and Lyon 4 Constituted, 5%--Paris
end Strasbourg Constituted, 44—Sambre and Meuse, 34.

THE SPANISIi DEBT.
TO THE EDITOR OF TILE SUN.

SIR,-Permit me to call your attention to a few oh.
serrations on the subject of the Spanish debt, which I
trust you will consider worthy attention ; in which case,
if you would allude to them in the City Artidle of The
Sun, yon w ould render an essential service to the Eng-
lish creditors of Spain, and greatly add to the many ob-
ligatimis they are already under for your attention to
their interests.

In the first place I would remark, that even if it were
now in the power of the Spanish Government to pay off
the whole debt, and they were so to do, still the greater
part of the money advanced to Spain by this country
would be lost to it, in consequence of the largest portion
of the Active Bonds having been purchased, on foreign
account, at low prices, and withdrawn from circulation
here. TO such an extent has this b.en the case, that
one only of the five classes into which the Bonds in
question are divided, can now be purchased on the
London Stock Exchange. The distress of the English
holders, occasioned by the non-payment of their divi-
dends, having thus compelled them to dispose of the
greater portion of their Bonds fur a small part of their
original cost, they surely have now an equitable claim
en the Spanish Government to make provision, in the
first instance, for that portion of the Bonds which still
remains in their hands ; and, ii:mreov(•r, as the public
lands in Spain, which were pledged as security for the
repayment of the English loans, have been appropriated
to other purposes, they ought also to require that a por-
tion at least of the revenues of Cuba should be substi-
tuted as an equivalent, for that purpose ; at the same
time endeavouring to obtain the sanction of our own
Government to such demand.

_ -- -
Although the London Stock Exchange has been nearly
cleared of Active Bonds, this has not been the case with
the Passive, the whole of which description of Spanish
Stock appears still to remain in this country; so that the
holders of it continue at the present time the majority of
the English creditors of Spain. It becomes, therefore,
important to remind them that the decree of the 28th of
February, 1836, provided for the conversion of the
whole of the Passive into Active Bonds—the holders of
the former to receive for every 100/. Bond as much
Active Stock as would produce 25/. in cash at the
market price. This would have the effect of nearly
equalising the value of both descriptions of Stock. The
claims of the holders of Passive Bonds under this
decree has hitherto remained in abeyance, in common
with the claims of the major part of the other creditors,
but the time has now arrived when they should claim
the full benefit of it. As every Passive Bond represents
a like amount in pounds sterling of the early arrears of
interest on the English loans—overdue Coupons to the
amountout of 100/. sterling having been given in exchange
ey 100/. Passive Bond—surely the claims of the
holders are as valid as those of the foreign holder of
Active Bonds, purchased for a fraction of their original
cost, notwithstanding the price of the latter is now above
26, while that of the former is now G.
Begging the favour of your allusion to these observa-
tions, I remain, Sic, yours most respectfully,
AN ACTIVE AND PASSIVE BONDIIOLDER.
City, Oct. 9.

MARRIAGE IN HIGH LIFE.-11.1arried,
Satur-
day the 10th instant, by the Right Rev. the Lord Bishop
of Rochester, Edmund, third son of Jchn Round, Esq.,
M.P. for Malden, to Louisa, daughter of Parker,
Esq., of Springfield Hall, near Chelmsford. The bride
was attended to Springfield Church by bridesmaids. A
very handsome dejeuner was afterwards given at the re-
sidence of the family of the fair bride, and among the
guests were the Lord Bishop of Rochester, Lady Sarah
and Miss Murray. Rev. Dr. Penrose, Mr. John Round,
M.P., and bliss Round, Mr. F. Round, Mr. Tunnel],
Mrs. and Miss Rolf, Rev. 11. Sullivan, Rev. H. and Mrs.
Browne, Mrs. and Miss Bourchier, Miss Repton, Mr. 11.
Green Wilkinson, Mr. C. 'Tower, Mr. Knox, Mr. G.
Round, and the various members of the Parker family.
NEW GAS WORKS, KENSAL-GREEN.—A meeting
of the freeholders, leaseholders, and proprietors of houses
and land in the district of St. John's, Kensal-green, was
held at the William the Fourth Tavern, Kensal-green,
on Thursday afternoon, the Bth inst., to take into con-
sideratien the subject of the works now being erected
by the Western Gas Company, and the serious injury
to health and property in the neighbourhood which is
likely to be created thereby. The Rev. A. G. Pember-
ton, incumbent of St. John's, occupied the chair, and
the meeting was addressed by Mr. Thorne, Mr. An-
drews, Dr. Brown, and the Rev. J. Twigger (chaplain
to the cemetery
and other influential gentlemen, all of
whom expressed their determination to oppose the erect-
ing of gas works, as it was believed they would injure
health and deteriorate property. In this opinion they
were supported by the highest scientific authorities, who
asserted that gas could not be made from any descrip-
tion of coal without causing the most deleterious effects
to the neighbourhood. Resolutions embodying these
opinions were carried by overwhelming majorities ; on
no occasion w,re more than six hands held up against
them. It was further resolved to memorialise the Privy
Council of the Board of Trade against the intended
nuisance. Several proprietors of land, including the
wardens of All Souls College and the Cemetery Com-
pany, have given notice that they will hold the Gas
Company responsible for auy injury
perty.done to their pro-
STOPPAGE OP CITY TPIOROUGEFARES.-0O Satur-
day the Commissioners of Sewers gave notice that the
following thoroughfares would be stopped during the
month of October :—Princes-street, Rosemary-lane,
Devonshire-street, Sereetappi.e-court, Garliek-hill, \Vest-
street, Three Crane-court, and Thames-street, fur the
purpose of paving.
THE. END OF THE IVDR:r,D.—A new sect of fanatics,
under the title of "Second Advent Chri,Cans," Coin-
mimed preachink on Smithey at the late City. Theatre, in
Milton-street,
and a small chapel in the neighbourhood
of Finsbury, their principles being " the end of the
world, the second coming of Christ, the first Resurrec-
tion, and the Judgment, in or about 1847."
CitalllAm, Ocr. 10.—Tbo men invalided home
from our army in India, now at Fort Pitt, are all in the
best of health and spirits, although severely mutilated.
Fifteen or sixteen have this week been fitted Pith
wooden ler,S, and may now be seen making their first
e' say at walking, accompanied by comradeswho have
lost an arm.

MONEY and COMMERCIAL NEWS.
(From The Sun of Last Night.)

The market for Cotton at Liverpool was more quiet on
Saturday, but prices were steady. Sales were 4,000 to
5,000 bales, including 2,000 on speculation.
It would appear that the meeting of the ironmasters
last week (which was a quarterly assemblage to discuss
the tariff of prices for the next three months) concluded
with the determination to make an advance, in conse-
quence of the number of orders they have on their books.
The state of the trade was, at the meeting referred to,
represented as most wholes( me.
Some papers have come to hand from the Cape of
Good Hope this morning, but they do not contain any
really important intelligence, though there is an ampli-
fication of the state of affairs on the frontier, of occur-
rences already made public on the receipt of the pre--
vious arrival. Matters appear, upon the whole, to be
mending at the Cape.
There has been an advancing market for meal to-day.
Prices are getting exorbitantly high. The Grain
market is firm to-day, but not higher. The stands are
well supplied, but it is considered very doubtful if the
quantities offered will be cleared off to-day.
The payment of the Quarterly Dividends is going on.
Money is not much in demand to-day.
In the Stock Exchange business has been anin-,ated
to-day; the transfer books having re-opened, there is no
haste for private bargains. Consols for Money have
fallen from 95i to 94, and for Account from 951 to 95a.
The Spanish marriages are no longer made a bug-bear
by the bears to produce a fall in prices. The opening
value of the Reduced Three per Cents. was 941 -a, it is
now rather lower, with the dividend deducted. Ex-
chequer-hills are steady at 15s. 18s. premium, and Bank
Stock at 207 ex. dividend.

Mexican Bonds have started from 22 to 24 on the
report that news has been received of the war between
Mexico and the United States having ended. For Por-
turguese Four per Cents, the demand is heavy at 41
only. Spanish Five per Cent. Stock is at 262, the 'Tim e
per Cents. at 371 g, and Dutch Four per Cents. at 921.
'The prices of Railway Shares and Scrips are generally
lower this morning.

ONE
PRICES OF BRITISH FUNDS. O'CLOCK
Bank Stock 206 207 ex div
3 per Cent. Reduced Anns 9414%1/s ex div
3 per Cent. Consols Annuities 95 a 1,61 A
New 314 per Cent. Annuities 961704 96 ex div
i.ong Annuities toexpire J an. 1860 ex div
India Bonds, 1,0001
Consols for Account....
Exchequer Bills, 1,0001., PAd l5 18 pm.
Ditto 500/.
Ditto Small

ONE
t•IITCES OF FOREIGN FUNDS. (AJAX:IC
Granada Bonds, I per Cent.
Mexican, 5 per Cent. 1846 —
Ditto, Account
Portuguese Bonds, 4 per Cent ..
D;tto Account
Russian Bonds
Spanish 5 per Cent. 1840.
Ditto, Account—,
Ditto, Deferred..
Ditto, 3 per Cent
Ditto, Account 37%
Dividends on the above payable in London.
ThAgian, 2'4 per Cent 54
Dutch, 2V, per Cent
Ditto, 4 Per Cent. Certificates 921;21%
Ditto, Account —

261,

PRICER Or nuSINESS DONE CLOSING
ii4ILWA.Y SHARES I'4ID. AT ONE O'CLOCK. PRICES,
Aber(!een -
Amber., Nott., Boston, -
and Eastern Junction 2%.• ... 2% 2
Armagh, Coleraine, and
Portrush .... .1% - ...............
Aylesbury and Thame.. 1% -
Belfast & County Down 434 ..... -
Birmin. and Gloucester. 100 l2B
Ditto New 17%
•••• ••• ......
Birmingham and Ox-
ford Junction
Birkenhead, Lancashire,
and Cheshire June.... 23/4 -
Boston, Stamfil, & Birm. 225. -
Bristol and Exeter 75 -
Ditto, New - ... .
Bristol and Gloucester... 30 - .......
Bristol and Liver. June . 214. -
Buckinghamshire -
Caledonian
„„ -
•• -
Ditto Half Shares...... 21/2 - ... .... ..... -
Ditto Extension ... .. 2% - -
Cambrian & Grand June 42s ...... - -
Cambridge and Oxford.. 1% -
-
Central Kent 2% - -
Chester and Holyhead... 27% - 231/2 x.d
Cburnet and Blythe 2 - ••• ........... -
Chester and Manchester 425. - •• ... ••• -
ChelteAbam and Oxford 2 ...... - . ... -
ClydesdaleJunct ion 2O - •
-
Cork, Blackrock, and
Passages - -
Cork and Killarney ... 21,E ,
Cork and Waterford ... 11/Q -
Cornwall -
Ditto, Half Shares ... 2%
Cornwall h Cent'l Devon 254 - ...
2 %
, 3
,auNnJ dues lhcatri
oens Crewes
DI 'ierrebc.)t'Llncoln, East Ret-
ford, and Sherd. June. 2% -
Direct Manchester
(Remington':) - .....
Ditto (Rastrick's) 514...... - •• .... ......
Direct Northern - ... .. ......
DireetNorwich
Dublin and BelfastJunc. 10
Dublin, Belfast, and
Coleraine - .........
Dublip. and Galway....- 4
Dundalk & Enniskillen 71,2
Eastern Counties 14/. 165....... 211/2%
Ditto New l2/. 16s.
Ditto Perpetual, 5 per
Cent, No. I. 61. 13s. 4d -
Ditto ditto, No. 2 .. 61. 13a. 4d -
II
cupelusynvli
ndi )i
aacoenhi.n ,ada&lns"
tiaoaßr k Extens i o n . . 10 s . ... . .
_17131/4 :
EastDereh'm andNoech 1
Eastern Union 35 .. .. -
Ditto, Quarter Shares 83/1 •
-
' Do. Ex.ten.(llarwich) I 7ii -
Do., Camb. and Ely.. 2% -
East Lancashire
Ditto, New
East Lincolnshire -
East & West of England 1%...... -
Edinburgh and Glasgow 50 ....- 71% 70
Ditto„Half Shares ~. 10
Ditto, Quarter Shares 12% ...... -
Edinburgh &Northern.. 10 .. - ... ......... ..
Edinburgh and Perth... 3 ...... -
Ely and Huntingdon ... 71/2 ...... - , ..............
Enniskillen and Sligo ..• 21/2 - ...............
Exeter,Yeovil,& Dorset 5,4 ...............
Glasgow,Kilmar.,& Ayr 50 - ...............
Ditto, New .. 15 . - ..............
Do., 14 Shares (5 per
cent. guar.) ... ...... 121/2 ...............
Glouc.,Abei ystwith,and
Central of Wales 1%...... - ............ ..
Goole, Doncaster, &c. -
Grand Union (Notting-
and Lynn
Great Eastern & Western 2% - .... .•• ••
GreatGrimsby and Shef•
10
.... . ..• .....
(Ireland)
Harwich
rrrraDDDDficeeeraaeaaoi,ii:lttittt. dtittNeioNdSoo:oo,l(Naor
teNir netthewihs
w'
ot, ofScotland
En.ud: Va ne `,Vest.
1 1202:2114% . ... .. 7--
155 ......
2---03/4 ...... .... ...... ...
GairbuirDDleialaiiiietrtttt,ntttto:oe Western
INSwhares .. 580511
Ditto F
-
-
i andfStihisa r e s
Eastern
21200
- -
- -
- -
Counties Junction ... 2 •••••• - -
50 -
,andif
Belfast,NiSudbvrh C3' " an'aardSnerels.riCarlisle...
edae Norwich.:.::
4211 252:11
iiii.. - - .. .
7. , . , _ -
-
Do.,-
-
-
Lancaster
-
Do. New - ........ • ...• --
425. -
Leeds and liradlord
Leeds and CarliAe -
Leicester & Birmingham 22, - •• • . -
Leicester and Bedbrd.. ").r).s.
'4 dis.
Leeodo., mt,
slandDectr & Nev
Dewsbury 22% -
Lr
castle Junction - - .. •• ••• -
Liverpool and Bury ... 14 - ...
London and Blackwall. 161. 13s. 4d. -
Do. New - ...... .......
Ditto Extension . „ 7l/2- - -• ........ •••
London and Brighton 5O .. ... 583/4 59%
Ditto, Fifths -
London and Croydon, 13/. 153. 9d. -
Do. G..iaran. 5 per cent. 9 - ••• •• •• -•••
London and Greenwich 12/ 15s 41 -
Do. Preference ...18117s 2d -
London, Hounslow, and
Western - - ....•• • •••
1.4,nd0n grid N. Westernloo 195 194
Do. Quarters .
Do., no., New Shares.. 2
Ditto Fifths
Ditto, Eighths (G. J.) 12% -
Do., New is Shares
(G. J.)
............
Do 40/. Shares ( L. 111.) 8 - ..
...
[And. & S Western 411 6a 10d 67
...... ............
Do. New Consol. Bchs 40
Do. New
- 12 -
Do. New - ...... . . ....
London and York 2l/2 ...... 114 % ............
Do. 1,4 Shares -
London and Windsor 1 .?, ... . -

... 21%
6%P

94

.59 Vs
4714

16
1914.

3°l/2
1%

London, Salisbury, and
Yeovil
lonionderry &Coleraine 12% ... ....
Londonderry and Ennis-
......
killen 12%. — ... ......
.. ..
Lyna and Ely
...
Lynn and Dereharn ...... 15
4 ,„ •
..... ...
Manchester and Leeds .. 82
Ditto I/•.'_ Shares
Do. Quarterr...
..
Do. Fifths 3 .... 3 ......... ....
4 .. . ....
'Do. Sixteenths ... 614
.... ......
Do. Ex' ension 42s
Manchester and Birmin. 40.
Do Quarters (A) .. ...p .........'
....... .•
Do. Quarters (B)
D. Quarters (C) - .. . .........
Blanchester,Buxton,and "'"'•••••••••
Matlock 42e.
Manchester, Birm., and
Mould Junction .....
....
Manchest. & Southainpt. •2
.... ...... •1
........
-
Midland
.100 ... ..130% 132 132
D. Fifths ............... Do. New ............. 24 ......
-. .....
Do. Birm., and Derbyloo ......
Midlnd& East. Counties 2% .....,
Midland Great Western
Irish
15 "0.1..,, gm.*

12%
471,i
. 51,4
7%
8%
P
73

XP