The Sun.
London, England, 1845-02-13 00:00:00

Q T Ult S'D A Y cn011:N

when they IfVfriet to invest, their money in.
railroads. Is it not a wiser course
.than that pro-
posed by either Mr. Wallace or Lord Howick to
leave it tea the public, as heretofore, to judge of the
convenient lines, and reserve to the Legislature the
power of deciding against the inconvenient lines ; and
when a line convenient for one party happens to be
inconvenient for another to arbitrate between them ?

MONEY MARKET and CITY NEWS
. .
Crrz, TUESDAY Evinsista:
TIMES.—The premium on gold at Paris is 12j per Mille
•which,' at the English Mint price of 3/. 178:100. per ounce
for standard gold, gives an 'exchange of 25 46 ; and the
exchange at Paris on London at short being 25 62k, it follows
that gold is 0.64 per cent. dearer in London than in Paris.
By advises from Hamburgh, the pries of gold is 434 per
'mark, which, at the English Mint price of 3/. 17s. Did. per
ounce for standard gold, gives an exchange of 13 si ; and
the exchange ataambiirgh on. London at short being 13 11-i,
it fellows that gold is 0.80 per cent. 'dearer in. London than
in Hamburgli. •
The course of eXchange at New York on. London is 110}
per cent.; and the pat Of exchange between "'England and
America-being 109 23-40 per cent., it follows that the ex-
change is 0.68 per cent. in favour of England ; but the quoted
exchange at New York being for bills at sixty days', sight,
the interest. must be added. to the above difference. •
Some of the indications which preceded the crisis of 1825-6
are beginning to appear in the Idoney. Market, and should
not be alloWed to pass without observation. Letters Are
constantly received denouncing the Directors of Joint-stock
Companies for all sorts of irregular practices, including the
formation of them with insufficient means ; the withholding
Of shared from bonafide subscribers, and sellng them surrep-
titiously at 'a large premium at the same' time ; " and, finally,
a resort. to the old and nefarious system of " rigging,7, so
often exposed on former Occasions, which means the purchase
for time of • a larger number of shares than are known to
have been issued, which Subjects • the sellers. on the day of
settlement to such terms as the fraudulent buyers may think
fit'to impose. It would be unfair, perhaps, and certainly
dangerous, to giire' publicity by name to Parties a, against whom
such imputations are directed, but it is sufficient for the pur-
pose of further warning to the mad speculators. of the day,
to advert to them generally, and to obserie that where such
Manifest temptation to such frauds existed, it is extremely
probable that they should in some 'instances be resorted to.
Ile unwary and credulous speculator, therefore, in such
transactions, .who has numerous chances. against him when
all is fair and above-board, is certain to lose, or perhaps' to
;.be ruined, when exposed to such frauds as those described.
The, protection of manifest and wilful dupes is perhaps of no
great' consequence; but the- trade and monetary operations
of the country, which are now threatened with disturbance
from this cause, should be saved, if possible, from its con-
sequences. .
SUN.—The English securities leave off firmly, Consols being
99% 34, for Money, and 993 A % for Atcount. New Three-
and-a-Quarter per Cents. were 103% 'to 104, and the Three
per-Cents., 108% to 4, Exchequer Bills were 555. to 565.
premium.
The Foreign Bonds have been much the same as in the
morning. Spanish Actives have realised2BU %; the Three
pneCentii.; 4114 %; Mexican,' 35 to 35N for 111oney ; and
`COlomblan;l4M. • Dutch Feur pet Cerits.Vere 9834 N.
--. The additional "transaCtiOns in Railway Shares have bef n
t4eset-rßristol-and-.Exeter were 13; Chester:and Holyhead,
2%7,ta 3 ; Churnet valley, 7_to.rik ;.Chichester and Brighton,
Cornwall, '2 to 13i Eastern Union, 9%; Ely and Bed-
fnrd; %; *Great Soutern and Western (Ireland) *Extensidn,
1 CO 334 ; Great North of England, 72 ; Great Western, Half,
.51; Birmingham, 136 to 137 ; Ditto, Quarter, 2734 % ;.Man-
-cheater' and Birmingham, 1614 ; Midland, 23%; Newry and
% ; Norwich and Brandon, 5%; South-Eastern,
15% to 14%; Ditto, NeW,INO: 1, 161 to 151/ • South Wales,
3% ; Trent Valley; 15 ;' West Cornwall; 25 land Orleans and
Bordeaux 44 -to 5 premium. Dublin and Galway, 1/i ; and
diicount. Australia.yitik Shares 'Were 434
premium. • • .
The Foreign exchanges were well supported, with the
exception of a slight decline on Paris. -
. The following IS the official rettirrik the exports of BulliOn
Mx the week ending Thiirsdajt, last :-- •
• • Silver Coin to China ' .34000 oz. • -

LAW. INTELLIGENCE.
PRIVY COUNCIL, Feb. 12..•• • :
The Judicial Committee of the Pali Council sat to-day in the.
Council Chamber, Whitehall, The Lords , present were Lord
Whaincliffe (the Lord President), Lord Brougham, the Chancellor
of the Duchy of Cornwall, and the Judge or the Admiralty Court.
•
SHIRR a. EtlitliliTT.
Thie case came before their Lordships upon an appeal from the
thipresne Court of the Mauritius. Upon this case being called on,
an objection was taken to the right of the parties to appeal, and
their, Lordships, hOlding, the objection to be, valid, dismissed the
appeal 7 "
coutcreiv. isaCtittasoiv. -
-This appeal Cron the Courts in Canadabccepied their Lordships
the remainder of theditY, • •
Mr. Bethel! and Mr. Kindersley were connect, in the case.