The Sun.
London, England, 1826-04-17 00:00:00

THE FLTNb S.

City, Quarter past Two.—The subscription for
funding is filled. up—We have not yet learnt from au-
thority how much more than 8,000,000 was sub-
scribed for, but from the number of persons who were
seen at the Cashier's Office, anxious to subscribe,
we have no doubt that the applications consi-
derably exceed the amount required. Consols
are 79.1-k, and looking very well, and the New Scrip
bears a premium of ÷ per cent. In Foreign Securi-
ties there is nothing doing.
Report says that 13 millions have been subscribed,
but we understand that no answer will be given from
the Bank until to-morrow, as the applications have
been immense, and the accounts cannot be made up
as yet.

(FROM A COHRESNIMENT.)

It has been a matter of surprise that the notice to fund eight
millions of Exchequer Bills, which was, announced at the Stock
Exchange last Wednesday, has produced so trifling a fluctuation
in the price of Stocks. But the Ministers' intention having been
so long known, it is presumed that the Monied Interest has been
quite prepared to meet it. We have already acquainted our
readers with the detail of the proposed measures, viz. to give 1071.
in a new 4 per cent. stock, for every 1001. principal of Exche-
quer Bills subscribed—or for 1001. 101. subscribed in money;
the dividend to be paid in April and October, and the stock thus
created not to be paid off till 1833. The price of con-
sols, when the funding was announced, was 79! ; on the follow-
ing day (Thursday) they reached 80i and fell on the same
evening to 79; from which price to 79a, they have since fluc-
tuated, and they left off on Sao:.rday at 79 j, both for money and
time. A great quantity of stock, for time, has been sold by the
speculators, who are sanguine in their expectation of a fall; but
while there exists so great a scarcity of money stock of all de-
scriptions, we onnot foresee any great alteration in the stocks,
unless any political event should intervene, or unless the com-
mercial world should be again visited with the scenes of distress
and difficulty from which it has now, at least in a great degree,
happily recovered. The public will not be surprised at seeing an
alteration for the worse in the price of almost all Foreign Secu-
rities; and, in addition to the distrust which the holders of them
feel, it cannot be a source of comfort to see an advertisement in
Saturday's Paper from the Agent of the Peruvian Government,
announcing that he is no longer in a situation, for want of funds,
to pay the dividends on their bonds.

A Paper, containing a statement of Exchequer
Balances of Payments in the year ending sth January
1826, has been printed by Order of the House of
Commons, the general result of whiehmay' be seen by
the following abstract.;

sth January, 1825.
Balance in the Ex= •

sth Januarz, 11325.
Alliance iri the ,

chequer . X 9,552,622 chequer . : X 6,305,638
Receipts in the year 37,273,869 Payments in the year 51,620,0213
Debt created by sale • Folded and u nfund.
of Es.chequerßills 20,734,050 ed Debt redeemed 311,634,775

£95,500,441

X95;66d,44

By this statement, it will be observed, that the pub

lic debt of the country, during the year, was lessened
to the extent of 9,900,7251. Of this sum, however,
it is fair to remark, that 4,246,884/. arose from the
balance in the Exchequer having been diminished to
that amount. Making due allowance for that sum,

the actual reduction of the debt in the year was
5,653,8411, which is a triumphant answer to those
who assert that no diminution of the Public Debt has
been, effected.