The Sun.
London, England, 1844-02-19 00:00:00

MONE ir AND COMMERCIAL NEWS

CITY, QUARTER TO THREE.
In the Liverpool Cotton Market on Saturday the sales
were 2,500 bales, at former rates, and all to the trade. The
Share Market was good for Dover and Eastern Counties.
Others were steady. Eastern Counties, 101; Grand Junction,
227 ; Birmingham Quarter, 274 ' • Brighton, 424 ; Manchester
and Birmingham, 40; Paris and Rouen, 324 ; South Eastern,
345; and Ditto New, 354.
Much interest is felt in the City to ascertain the reply of
Sir Robert Peel to the deputation from the Joint-stock Banks,
the members of which waited upon him on Saturday after-
noon last. It is a subject of such vital importance to the im-
mense number of the shareholders in the establishments re-
ferred to, that a suggestion has been made that the delegates
should issue a " Circular " periodically, stating such facts as
may tend to afford necessary information. Our inquiries as
to the result of the interview have produced but little intel-
ligence that can be relied upon. Promises of attention to,
and consideration of, the claims of the Joint-stock Banks,
on the part of the Premier there were many, but we do not
think that many concessions will be made, unless indeed there
be a bold stand in Parliament against the renewal of the
Charter of the Bank of England upon its present terms.
There will be many occasions to refer again to this subject.
The advices just received from the United States are in-
teresting
st one point of view. The doctrines of repudiation,
generally cherished by many of the States,
are on the decline. It is true that a very long
period must elapse before the capital advanced to
Brother Jonathan can be paid off, but strong efforts, we
learn, are really being made to devise the means of meeting
the interest as it becomes due. The New York Herald, upon
this topic, remarks, and for the sake of the many persons on
this side of the Atlantic who are so deeply interested in the
matter, we trust the anticipations will prove to be entirely
"rteet :••••••44A prompt payment of the annual dividends is as
much as the most prosperous commonwealth will ever be able
lowa:—This is all that is wanted. Thousands have made
stocks an investment, and all they want is the interest.
This they look for, and eventually will receive in full. The
stock will, of course, be continually changing hands, the cre-
ditors will change from year to 3-ear, but the indebtedness
will never be removed from the States. Those that have for
Years been unable to pay the most trifling portion of the in-
terest due, must receive some other aid than what they have
Within themselves, to takeso great a step as the payment of
the principal. ,
" A resolution has been introduced in the Legislature of
t Pennsylvania providing for the State debt. After stating
fact that
public debt amounted to nearly4o,ooo,ooo dollars, a
lact that many are too well acquainted with, the resolution
rfrceeds to state that the means of payment should be drawn
,o sources the least burdensome, and recommends the sale
iiAtlte public improvements of the State, and the appropria-
-0 by Congress of so much of thto Pennsyl vae public lands of the United
tates, or the proceeds thereof, nia, as would
Ilhteinguish the State debt, and free the pe.ople from taxation.
_ last two resolutions are so rich and important , that we
will not abridge them
'Resolved,—That we recommend to our senators, &c., in
;-°ngress, to use their exertions to procure the passage of a
'Pr authorising the issue of 200,000,000 dollars of stock to be
Linstributed amongst the several States, in proportion to their
,-,edstal, population, and to be payable by the United States
lit of the proceeds of the sale of the public lands, which lands
sit
be pledged for the redemption of stock so issued.'
The public debts of the States of this Union have reached
• amount, and stand in a position that calls for whov!ction from those who created them, and those have
the Power in hand to prevent an increase, and to provide for
deb e ultimate liquidation of them. The whole and total in-
witekiness of this country in the aggregate, when compared
I.'ll the immense wealth and unlimited resources of the
treited States, is but a trifle ; but when the people proclaim
}„ it unwillingness to pay, when the disposition to not pay
couies visible, then, and not until then, should those in-
psted, or those that have indebted, despair. The people of
country can say to the nations of Europe we are able,
"1 will liquidate the last dollar of our indebtedness. The
ii e--the direct cause—of the insolvency of the States
aePIY indebted can be traced to the financial revolution we
baeidust emerging from. The whole country has, for years,
natistruggling against the most desperate depression any
7,11,-,a ever experienced."
soh e, Commissioners purchased this morning 20,0001. Con-
-13 • •
ish 974, and this gave a tone to the market for all the
Seeurias. However, not a great deal of business, in
t ' respects, has been transacted, this not being regular
sfer day. Bank Stock has this morning realised 195,
ainultgh it is now rather cheaper. The opinion, at least,
cing the holders of, and speculators in, this security,
newthat the Charter of the Bank of England will be re-
-114:1r without many alterations injurious to the Share-'
told .8* A point that will create great discussion, we are
Priv' I,B' whether one bank of issue shall be established. The
we private banks were not represented at this interview, only,
nothiear, the joint-stock banks. Sir Robert Peel promised
ofinlls, as already stated. The matter is much talked
ita„-le City this morning. Reduced Three per Cents. have
lo,yi.°l,„'eci to 985. Exchequer Bills to 70 to 71 premium, and
c" 'ends to 88 premium. There was one bargain made
i_onsols for money this morning at 974.
14,4 all the South American Bonds a great deal of business
• ist been transacted to-day. The correspondence in
Itheie„°,llling Contemporary relative to Mexico is of
upon -% date, still it has had an injurious effect
tuvi the value of the Bonds, which are at 344 to 4. Pe-
ex, an Bonds have fallen from 314 to 30 and 304. Colombian,
W,' enezuelian, have been up to 144, but they are now 134.
,i.thuelieve there is something coming forward for the benefit
t 0 bondholders. Spanish Stock is to per cent. higher
Sto,i(t was was not
afternoon last. In other Foreign
To there was not much alteration to-day.
lig c; Share Market was rather flat to-day, as our corrected
quotations shows :
BRITISH FUNDS THIS DAY AT ONE O'CLOCK.

(From the Official List)
Bank Stock 19431 1932,4 195 194
!Per Cent. Reduced Annuities
-2,3 Per Cent. Consols. Annuities SnSI43%
•ii i Per Cent. Reduced Annuities 103%
,ew 3% per Cent. Annuities 102304
"-ung Annuities, Expire sth Jan. 1860 l2 13.16%
Ditto 30 Years, Expire 10th Oct. 1859
India Bonds, 1,000
Ditto under 1,000 B5 88
Bank Stock for Account
Consols for Account 97%36X
tXelleqUet Bills, 1%,%d. •134 d
1,0004
5001.
Ditto Small
'',., Ditto Advertised
'REIGN FUNDS THIS DAY AT ONE O'CLOCK.
Brazilian Bonds 5 per Cent.
Buenos Ayres Bonds, 6 per Cen t .........
'ulumbian Bonds.l ll% 13% 14 13%
lifrxlcan Bonds, 1837, 5 per Cent. ... .......
34 lints
for the Account.
1134% 12%
perukt,lP Deferred Stock
Diiti,:u Bonds 6 per Cents.... ......... :3014134513:3430%
Portu fur the 'Account.
Ditgu" Bonds 5 per Cent. -
45 44%
_._too Converted
81,iii),:Lt for the Account
23%3e
Ditto for the Account
Five per Cent
23%34%
.brE:ttocli:toh;:aseesndipeveßconednst..
Ditto Mr the Account
r Cents 9234 33
102%
New jean 1837, 5 per Cents. ....... .............
PRICES-OF SHARES THIS DAY AT ONE.
Bista, . RAILWAYS. PAID. PER SHARE
trii:'Viaand Gloucester
itto New a
I; tut and Exeter 7O 6B
'''',...ttroliNCeowuntics ....... ... ...... ..... M
Ditto2s
td,. Extension 3Bl . 4d 5,.4 to
Lrilicolrg,,zhsl:.ehnra;:asgow 5O 56% to 58
75 lO6 ... .... to 10554
50 67%; to
Ettu..2nd Brighton 5O ... ... 43
4,1:140 Loan Notes
/pun and Birmingham Stock .... ... 231%
1.0,1f0 New Thirds..... . ... 2 ......... 40
un, and Guildford Junction 5
)i?‘'n and South Western 41% 77304 ... to 7634
Loo,j4° Eighths
I'lmereatrTaCurdotleoends(Trunk)... 17:4Ni ••• 11164
to 113
_
Zianester and Birmingham ... 40
but d Counties lOO ........ 86
Nor,°Fallis 2 ..... ... 3 to
Nes, "`" and Brandon
........ 4% to
pail:agile and Darlington Junct. 15
oohan,L,6 Rouen so 32% ...... to
irk aid
and Dover
V,,,j:.‘..(`._sel_lp
bit:_ "1,1
4:•Uorth Midland
1/02u .c them' Branch 2% ...... 183 19... to 18
I:4ILterSTER STOCK EXCHANGE,. FEB. 17.—We have no
.1,11%6._ alteration to note to-day in our quotations. The
ta4t7 continues for Manchester and Birmingham, South
bh, rt,
-16 and Manchester. The sales are—Dublin and
NI e(la, 6si
b•Mtld w ; Manchester and Birmingham, 40j to A ;
. Duffield
.alld Manchester, 644 to 65 • South Eastern, 344 ;
ri .crir,
tioh; South',,3s ; Sheffield and Manchester, quarter shares,
g. ai . " estern, one-eighth shares, 3j ; Barnsley June,
.
Sol ...

in this
me coil
note ago, two tailors
Chesterfield, went to . the house
the
,i ate,
lan miles from
is usual in
b 'at • Y work (which
evening, they
eit6L i. eir employers to .
(father and son)
home inthought,
'4'tre 0-11)4004), and on returning
as they
Id to see,
4 orrers smock in crossing age After makingda.
pa '4l st •
the path.
se as
e_altdiii,o,• quite still near
the father boldly
said,a
the
vllut Nvhat was best to be done,
readiness for a blow, .
Illy '4l, and holdina Lis stick in
4 h
no reply. .it
but the supposed
ke
ty°ogUil e,: jitahrein3g'oll4—ezfhaetndd o
dumb,
vid,?er", , , I
Ybe 1" not speak (said the tatie,m).l.
ined silent, _ m
ttliiel, bht the stupid fellow
blrow mixich made hi
speak,
4114. aeeOlit he received a severe will strion
if you will not
.
lwr,Qi -:\-0,,,, • ( 'd
the tailor),
see„ ,-1d violent
lil 1 ' strike ' 'IT sa`
1 Qii, w„„ . agalll. Receiving to the
go •..1 give which brought him
and what was
b. Weve, n,
who fell also,
and
"te, di tona'ds the tailor,
son then canr up,
~ ,
falling,
aid, „ ~.._l/4 rogue uppermost. The ground;
~ (:)" replied he, .
thirik 1 what is he doing, father?" .
tliselit eau turn and after some violent
oamtnle,gggilaesd of
their
;,allgled linuself;and they both hastened h
review the place,
their
'.41) the`ext morning, on going tou the ground, but
klise„,rl, al villain lying at full length on
d been sowing c?,rn
th,,titlted that arme of the field h
4e'S IP„,„cl had put • up what they
1„ rurter.
ed 12
Mari
each aged
girl
tal.a
we 'Watford and William called a " scarecrow.
Led ve,e drowned at. Moulsey, on Tuesday c„t.az ;, the,..bnoronicie.
Ler ; ntured on the ice on a pond, whichand pens •
• bed
e d to save her
itettnsford „, Y
.n savoured The
Itetc_. 44°RbINART PAcT Rampton, near
Burrell,
rwokeeekit, and let
d a sow, and
~
Father s inside.--
bp :Lilt,. Mr. Richmond, of that. place, slaughtere_
pigs in the
—Lately at
atiliQn?g her found the incredible number of 41
Doncaster Gazette.
thild,, what do printers live ofnrrt'wo`o`
Nil '
said you had not pai him
o ?" " Take
the ' .11141 Yet ou l
sae week right or
child out y lave his paper know about
wro „of the room, what does he rNtVhilr eye
ASSt,„,
AZ' _
.
,s 1
tire, Mr., CitILAR APPLICATION.—In the Secondaries
Yesterda
tr: y,
sel just as the jury were about to re
sa
ilas, a counen
ire another case, hoped. h ur,
t e
VfOulde'Y luight be
53
Less Wished
ju.st stoP and hear a short case in which he appeared,,
sogeg in considering their verdict,
teltrueldviseed to go particularly on other businraiy
'decide 'econdarb however, informed him that
The
tea_ one case heiore they could hear a second. Th
Secondary
ration t.„ 0%1 Gentleman subsequently applied to the
._
e neeiumset
Leercar the caie in the absence of the jury,.
oed Gentle
his first aPPli-
cation 'and
that man the
to be as illegal as
the func-
tions he did not feel disposed to usurp
I en at
which the
eace.„ana embody the opinions of "thirteen gentlemen
Mr Templeton
inst ' finished, on Tuesday, the 13th
t
11 anti
with unprecedented eclat a series of entertainmen s,
otiernatately between Liverpool and Manchester. The press,
1.4,41111_1d all in these towns, seem to wanton in their eulor-
of hailantron this gentleman's genius,
of glad, i PnetrY, and story. The piquant humour, and rich_.
I,i
ors. rue to nature) with which he gives, whether speak
as a vocal illustrato
laibroe 11lag, the facetious portion of his Scotch Ente-
versal, lit, hag
on for him a wreath in addition to the um-
whiyenalinovi,ledged one of a first operatic vocalist. .
With th., ,i,_ r••kzeere Colman's affairs, in connection
soul, o - ''-aYlnarket Theatre were in great embarrassment,
f.ii
..ae lamented that he (Mr. C) could not be relieved
4° t a 'tur titl aerate gyres he
by a bankruptcy, as he was
atuker., • les I tun (replied Colman), I'm a paper-