The Sun.
London, England, 1846-10-30 00:00:00

MONEY MARKET and CITY NEWS

CITY, 'THURSDAY. 1
TIMES.—The market for Consols was considerably
influenced to-day by large speculative sales, which re-
duced quotations about five-eighths per cent. Various
rumours have been circulated accounting for this sudden
change in the appearance of business. Many of the
dealers seem to apprehend ill consequences from the con-
templated Spanish expedition into Portugal; and others
profess to believe some fresh movement has occurred in
the French Cabinet inimical to English interests. Al-
though no positive information has transpired which
would give a clue to the re al operating cause, the fact
that the speculators who are supposed to receive ex-
presses from the other side of the Channel have been the
chief sellers would lead to the inference that it is either
Spanish or French events which have contributed to pro-
duce this decline. Consols opened at 94k for Money and
the Account; 'they were done as low as 94 for Money,
and 94i for the Account ; and left off respectively
at 941 for Money, and 944 to for the Account.
Spanish also experienced a great change in value,
sales of this stock being freely effected. The market
for Portuguese droppe from the general heavi-
ness, and Foreign Securities, were altogether dull.
A meeting of the shareholders of the Australian
Mining Company was held to-day, at which the direc-
tors presented a very flattering report. The recent
discoveries of minerals in the neighbourhood of Ade-
laide had prepared the parties interested for some very
favourable details concerning the position of their pro-
perty. It seems that the directors are daily expecting
official intelligence of the grant of 20,000 acres of land,
situated near Reejiy Creek, where large quantities of
copper ore have been found, which intelligence was
only delayed till the claim of " royalty" was settled.
The samples of ore received yield an average of 30i
per cent.
POST.—There was to-day a fall of unusual magni-
tude in the public securities. The Government brokers
purchased 5,000 Three-and-a-Quarter per Cent. stock,
at 95i, for account of the savings'. banks, 5,000 of the same
stock, at the same rate, for account of the unclaimed
dividends, and 1,200 Old South Sea Annuities, at 934,
for account of the Commissioners fur the reduc-
tion of the National Debt. At the close of business
Bank Stock was quoted 2041 to 2051; Three per Cent.
Reduced 93k to 4; Three-and-a-Quarter per Cent. Stock
95i to j; Consols 94+ for Money, and 944 to for Ac-
count; xchequer-bills 9s. to 12s. premium. The supply
of money was abundant for all ordinary purposes, and,
that the markets should have given way to the extent
witnessed, was a matter of some surprise, particularly
as there was really little appearance of business.
Consols were at one moment as low as 94 for Money,
establishing a decline of fully * to 4 per cent., and,
sympathising with these, almost everything else was
quoted nominally lower, such as foreign stocks of
various kinds, and, in a very minor degree, rail-
ways and other shares. Different rumours were in
circulation to account for the fall, but the ap-
prehensions of the public having been once par-
tially awakened by statements announcing impor-
tant movements in our arsenals and dockyards, there
can be little doubt that an advantage was taken by un-
scrupulous speculators, of the opportunity afforded them
of working as strongly as possible upon sensitive minds,
by the employment of all kinds of inventions and ex-
aggerations for the promotion of their own selfish ob-
jects. The state of Portugal was the leading_ topic of
the day. In the facts which have been made matter of
newspaper comment, connected with ,the recent revolu-
tion, good reason is thought to have been found for the
belief that there must now be a total severance of the
amicable relations which have for so many years sub-
sisted between France and England. All the mischief is
ascribed to the intriguing propensities of his Majesty the
Bing of the French, and hence it is that a cases belli is
considered to have arisen, which may adequately
ex-
plain the motive for the increase spoken of in our naval
and military forces. The marching: of a. Spanish
army into Portugal, and the preparation for foreign
service—the departure, in fact, of, an English fleet,
the throwing up of additional defences at Gibraltar, and
the like, were among the subjects of the many agreeable
rumours to which it was the fate of timid stock-holders
to have to listen from about eleven o'clock until nearly
the close of the markets. Eventually, however, a stand
was made by influential parties, and the reports of the
day being essentially vague, there was at length a rally,
the home securities recovering themselves to the extent
of about 4 per cent. The intelligence upon which the
earlier operations were based seems to have been derived
almost exclusively from newspaper sources. As such is
the case, our readers may be able to judge for themselves
of the merits of the reports in question which have a
political bearing. The condition of Ireland is still a
cause of solicitude, and the foreign exchanges having
turned against this country, there may be some exporta-
tion of the precious metals. We are of opinion, never-
theless, that the fears entertained on these, as well as on
the other heads alluded to, have been needlessly groat.

RAILWAY SHARE MARKETS.
MANCHESTER, Ocroari 29.
STOCK Excnasnaz.-The sales are-Ambergate, Nottingham, and
Boston, 34 p.-Birkenhead, Lancashire, and Cheshire Junction, %
p.-Birmingham and Oxford Junction, 5% p.-Boston, Stamford,
and Birmingham, % p.-Caledonian, Half Shares, 7-16 dis.-Eastern
Counties, York Extension, 136 p.-East Lancashire, 414 p.-Ditto,
New, 334 p.-Fleetwood, Preston, and West Riding, 95. s. dis.-
Huddersfield and Manchester Railway and Canal, 23( p.-Leeds
and Thirsk, 4% dis.-Leeds, Dewsbury, and Manchester, 3% p.-
Leicester and Bedford, 4s. 6d. c. s.-Liverpool, Ormskirk, and Pres-
ton, 3% p.-London, Manchester, and Birmingham, Quarters (A),
7% p.-Dltto, ditto (C), 7% p.-Manchester and Leeds, Halves, 11)4
p.-Ditto, Extension, 1% p.-Manchester and Southampton, 15-16
dis.-North British, New, I7s. p.-North Staffordshire, 2% c. p.-
Preston and Wyre, 36%-Ditto, Halves (A), 4% p.-Ditto, ditto
(B), 34 p.-Royston and Hitchen, % p.-Sheffield and Manchester,
Quarters, No. 2, 23)4-Ditto, ditto, No. 3, 34 dis.-Shropshire Union
Railway and Canal, % dis..-West Riding Union, 1 11-16 p.-Wharf-
dale (late North-Eastern), 1 3-16 dis.
LEEDS, OCTOBER 29.
STOCK Exenastoz.-The sales are-East Lancashire (Blackburn
and Preston), 334 p.-Ditto, No. 1, New, 3% c. p.-Ditto, ditto (late
Liverpool, Ormskirk, &c.), 3% p.-Great Grimsby and Sheffield, 5%
dis.-Huddersfield and Manchester, 2% c. p.- Leeds and Bradford,
43% c. p.-Leeds and Dewsbury, 3 5-16 p.-Ditto, Branches, 365.
p.-Ditto, Extension, 7s. dis.-Leeds and Thirsk, 434 dis.-Ditto,
New, 2% dis.-Manchester and Leeds, Extensions, 21s. p.-Man-
chester, Buxton, Matlock, and Midland, 16s. C. p.-North British,
Halves, 4% p.-Ditto, Quarter Shares (late Carlisle Branch), 435. 6d.
p.-Ditto, Extension (scrip), 16s. p.-Wharfdale Junction, 20s.
Als.-Xork and Newcastle, Preference, 3% p.-York and North Mid-
land (East and West Riding), 13% p.-Ambergate, Nottingham, and
Boston, 10s. p.-Direct Northern, 14s. dis. oh-Glasgow and Dum-
fries, 20s. die.-Malton and Driffield Junction, 12s. p.-North West-
ern, par-Sheffield, Rotherham, and Goole, 2s. 6d. dis.-West Riding
Union, 31. 13s. s.-Yorkshire and Glasgow Union, 41s. 6d. dis.
HULL, OCTOBER 29.
STOCK EXCHANGE..-Our market to-day has been quite as buoy-
ant as yesterday, although rather less business has been done. Most
stocks dealt in are done at improved prices. Ambergates and. North
British, New Quarters, close firm. The sales are-Greath North of
I
England, New, 2134 -North British, Quarters, 655.-Ditto, New
Quarters, scrip, I7s. 3d.-York and North Midland (East and West
Riding), 18-Ambergate, Nottingham, Boston, &c., 645.- Fleetwood,
Preston, and West Riding, 10s.-Leeds and Dewsbury, Branches, 1%
p.-North Wales, 205.-North Western, 6d.-West Riding Union, 3%
-Derby and Gainsborough, 17s. 3d.-East Coast, 1 is.
SHEFFIELD, OCTOBER 29.
STOCK Exciaxon.-The sales are-Ambergate, Nottingham, and
Boston, % p.-East Lancashire, New No. 2 (late Ormskirk), p.
-Great Grimsby and Sheffield, 5% dis.-Ditto, Extensions, 40s. dis.
-Ditto, Quarter Shares, 245. 6d. dis.-North British Extensions,
scrip, 2% p.-Sheffield and Lincoln, 225. 64. dis.-Ditto, Extension,
235. 6d. dis.-Sheffield, Rotherham, and Goole, '4 dis.-West Riding
Union, 134 p.-Leicester and Bedford, % dis.
YORK, OCTOBER 29.
STOCK ExcaANOE.-The sales are-Eastern Counties, York Exten-
sion, 31. Bs. 9d.-London and York, 1/. 19s. ex div.-Manchester,
Buxton. Matlock, and Midland, 2%- Newcastle and Berwick, 26% -
North British, Half Shares, 15%-Ditto, Quarter Shares, 41.45. cum
new-Ditto, Extension, 134- North Staffordshire, 4 % -West Riding
Union, 3/. 139.-York and Newcastle, New, 16% cum new-Ditto,
Preference, 3/. 13s. 9d. p. -York and North idiand (East and West
Riding Extension), 18/. Is. 3d. cum new-Ditto, Preference, 6% p.
EDINBURGH, OcTortrat 28.
• STOCK EXCHANGE.-The sales are -Caledonian, 2336-Ditto, New,
40s. 0.-Direct Northern, 31s. 64.- Dundee and Perth, ex new,
23-Ditto, New, 7a( -East Indian Railway, I6s -Edinburgh and
Glasgow, Halves, 181,4-Edinburgh and Northern, 13%-Ditto, New-
port, 58s. 6d.-Edinburgh and Perth, 385.-Glasgow, Dumfries, end
Carlisle, 375. 61.-Glasgow, Kilmarnock, and Ardrossan, 3.5. 6d,
Great Southern Madras, 65.-North British, 35-Ditto Quarters, ex
new, 655.-Ditto, New Quarters (scrip), 275. 6d.-Scottish Central,
20%-Stirling and DunfLASGOW, ermline, 185.-Str
OCTOBER 28.athern Junction, 50s.
G
STOCK EXCHANGE. -The sales are-Caledonian, New,l!..iLat O I-f
dontan and Dumbartonshire, 275.-Clydesdale Junction, 3,?
Fife, 19s. 6d.-East Indian Railway, 165. 3d.-Edinburgh and Glas-
gow, Quarter Shares, 17%-Edinburgh and Northern (Newport),
60s.-Edinburgh and Perth, 405.-Glasgow, Kilmarnock, and Ayr,
684-Ditto, ditto, 331.- Ditto, Quarter Shares (5 per cent. guar.),
1714 -Ditto, Halves, 71. 125.-Glasgow, Dumfries, and Carlisle, 325.
6d,-Glasgow and Greenock, 16% -Glasgow, Kilmarnock, and Ar.
drossan, 303.-Glasgow, Airdrie, and Monkland Junction, 325.-Great
North of Scotland, 205.-Great Western of Bengal, 7s. 9d.-3ladras,
Nellore, and Arcot, 3s. 9d.-Midland, 1373( -North British, 35
34-
Ditto, Quarters 68s. ex new-Ditto, New Quarters, scrip, 28s. 6d
Scottish Central, 20)4-Stirling and Dunfermline, 20s 6d.-a.
them Junction, 505.,

TESTIMONIAL TO MISS HELEN FAUCIT.—Most of
our readers will remember that, upon the revival of the
Greek drama in Dublin some two years ago, a number
of gentlemen, distinguished in literature and art, and
admirers of Miss Helen Faucit's noble impersonation of
Antigone, presented her with an address expressive of
their high estimation of her talents. With this address
was intended to have been presented an ornament, a de-
scription of which, from the design of Mr. Burton, we
gave on a former occasion. This ornament, which is in
the form of an antique brooch, has, swing to the costly
and elaborate nature of the workmanship upon it, been
necessarily a long time in the artist's hands. It bas,
however, been completed for some months, and the delay
which has since occurred arose from the desire of the
committee to present it to Miss Faucit in person, on the
occasion of her next visit to Ireland. On Friday, there-
fore, it was presented by a deputation from the sub-
scribers, when Miss Faucit expressed her extreme gra-
tification at the beauty of the ornament, and returned
thanks for what she considered the proudest memorial
of her professional career. The brooch is entirely of
native gold, and measures about three inches in dia-
meter. In the centre is an exquisitely formed figure
in high relief of Antigone bending over the urn of
Polynyces, set in a concave disc of white enamel, bearing
the word "Antigone" around it in ancient Greek charac-
ters. On either side of this medallion are tragic masks
of Antigone and Creon, entwined within the coils of
the Cadmian serpent, surrounded by a concave fillet, in
which are set three large emeralds of the finest water ;
the whole enclosed in a wreath of the sacred olive. In-
dependent of the classic elegance of the design, it is a
specimen of workmanship, and that too of the highest
order, of which any couutry may be proud, and speaks
well for the present rising condition of the arts amongst
us. It reflects great credit on the house of Mr. West,
and particularly on Mr. Teare, who, we understand, is
the workman who has thus so successfully carried out
the original design. A suitable inscription, expressive
of the admiration which the lovers of the drama enter-
tain of Miss Helen Faucit's embodiment of the highest
and noblest conceptions, both of our own and ancient
times, will, we hear, be engraved on the reverse of the
ornament. We recognised the brooch as clasping the
folds of Antigone's drapery on Saturday night last.—
Dublin Freeman's Journal.

SHOOTER'S-HILL POLICE.—The Commissioners of
the Metropolitan Police have determined to make this a
separate sub-division, and have therefore appointed Mr.
Derrig as Inspector at the police-station at Shooter's-
hill, which division will comprise Eltham, Lee, Welling,
Woolwich-common, and Shooter's-hill, for which purpose
more constables have been amintal, the present number
being insufficient to do the duty required.
Mr. Charles J. Stuart had an interview with Earl
Grey yesterday, at the Colonial-offiee.