The Sun.
London, England, 1845-04-02 00:00:00

MONEY MARKET and CITY NEWS

FROX THE MORNING PAPERS OF THIS DAY.

CITY, TUESDAY EVENING.

TIMES.—The premium on gold at Paris is 19 per mille,
which, at the English Mint price of 3/. 17s. 100. per ounce
for standard gold, gives an exchange of 2:5 63 ; and the
exchange at Paris on London at short being 25 85, it follows
that gold is 0.85 per cent. dearer in London than in Paris.
By advices from Hamburgh, the price of gold is 4361 per
mark, which, at the English ➢tint price of 3/. 17s. 10Ad. per
ounce for standard gold, gives an exchange of 13 104 ; and
the exchange at Hamburgh on London at short being 13 12i,
it follows that gold is 0.91 per cent. dearer in London than
in Hamburgh.
The half-yearly general meeting of the Patent Galvanised
Iron Company was held at their offices yesterday, when a
dividend of eight per cent. (free of income-tax) was declared
for the half-year ending the 31st of December. An addition
of 50,0001. was :made to the capital (now 200,0000, for the
erection of four more blast furnaces in Wales, and adding to
the Company's works in Staffordshire. The additional capital
was raised in the room at once.

To show how the mania for railway speculation has ex-
tended in France, it may be stated that share markets have
boen established at Marseilles and Lyons, and that it is in-
tended to give lists of prices at those towns, independently
of the Paris Bourse.

A correspondent writes to warn the public that the plate-
glass companies are taking measures to deprive them of the
advantage they would otherwise derive from the removal of
duty. A meeting of these companies, it seems, was lately
held, which resulted in a tariff of prices, according to which
squares containing more than ten superficial feet would be as
expensive, or more so, than under the old system. They pro-
posed, indeed, to lower the price, but the discount they intend
to allow from the tariff is, according to this authority, so
much less than the former discount, that glass of large size
will be as dear as ever.
HERALD.—We understand that the Directors of the
Bank of England have carried out an intention, to which we
alluded some time ago, of placing the rate of discount at the
branches on the same footing as in town. The minimum
rate is 2} per cent. for what the manager may class as un-
doubted bills, and, of course, with the discretion of charging
higher for inferior paper. Another fact has been communi-
cated to us on authority which there is no reason to dispute,
which will appear to many persons not a little singular.
It appears that the managers of the branch banks have re-
ceived instructions not to take the notes issued by the head
office in London in payment, in order to force a
more extended circulation of the notes issued by
the branches in the various localities. It is pre-
sumed further that the object is to throw an
impediment in the way of remitting money from one part of
the country to another in the form of notes, by which the
commissions charged by bankers are evaded. All these mea-
sures may be considered fair and justifiable means of com-
petition, but as different opinions may be formed upon that
point, it is proper that the facts should be properly under-
stood. It must be borne in mind that the notes issued at the
branches of the Bank of England are made payable there
only, and that the paper of the Bank is only a legal tender at
the place where it is issued. If the rule thus laid down, how-
ever, be rigidly carried out, a person leaving London with
batik notes in his pocket may find himself in the country no
better provided thau with as much waste paper, when it is
tabooed by the branches of the establishment.

SUN.—The Funds close rather heavily. Consols 99% 1/2
for Money, and % 1/ for Time. Exchequer-bills, however,
were 61s. to 635. premium.
Spanish Three per Cents. were 403/4 % ; Mexican were
351/2 ; and Chilian, ex. Div., 99 ; Portuguese Converted were
66; and Belgian Four-and-a-Half per Cents. 1003/4.
The additional transactions in Railway Shares have been
these :—The Birmingham and Gloucester, Half, 1 ; Bristol
and Gloucester, 31 ; Caledonian, 5% ; Cambridge and Lin-
coln, 6% to 3/4 ; Chester and Holyhead, 31/2 ; Churnet Val-
ley, 51/2 ; Dublin and Belfast, 61,4 ; Eastern Union Exten-
sion, 24 ; Great North of England, New, 193/4 ; Guildford,
Fareham, and Portsmouth, 21/2 N; Harwich, 1%; Lancas-
ter and Carlisle, 23; London and Birmingham, 134; Ditto,
Thirds, 423/4 ; Ditto, Quarter, 293/4 ; Brighton, 14% ; South-
Western, Sew, ;T Manchester and Birmingham, Quarter,
; Midland, 55; ewcastle New Brandling, 211/2 ; New-
castle and Berwick, 133/4 ; North British, New, 3; 'Norwich
and Brandon, 6% ; Coventry and Nuneaton, 13/4 ; Great.
Grimsby and Sheffield, 1; Kentish Coast, ; Scottish Mid-
land, 11/2 ; South Eastern, ex Div., 91/2 ; Ditto, New, No. 1,
8 ; Ditto, No. 2, 94 ; Waterford and Kilkenny, 21A ; Yar-
mouth and Norwich, 7 ; York and North Midland, 52 53 ;
Selby, Extension, 15 ; Boulogne and Amiens, 8; Great
Northern of France, 2; Lyons and Avignon, 14 %; Paris
and Orleans, 301/2 ; Aberdeen, 7 to 14 ; and Direct North-
ern, 2 premium ; Direct Norwich, 1/2 ; Greenwich, 13/4 ; Lin-
coln, York, and Leeds, %; and Preston and Wyre, 15 dis.
The Foreign Exchanges, except as regards Paris, were
steady this afternoon.

EUGENE SUE'S HISTORICAL ROMANCE " DE RO-
HAN, OR, THE COURT CONSPIRATOR."—The Court
Journal pronounces this work " to be, perhaps, the best
of Eugene Sue's productions. It is an historical romance
in the strictest sense of that phrase, yet rife with every
one of those characteristics which make that species of
composition so palatable to the merely popular taste of
the day. There is no class of readers, even the highest
and most cultivated, who may not derive both amusement
and instruction from it as an illustration of historical
its
wild ; while, on the other hand, its vivid painting,
wild and exciting incidents, the vigour and verisimilitude
of its delineations of human character, and the rapid
movement and bold simplicity of its style, give it a
peculiar charm for those who seek, in works of this
nature, the mere excitement of the moment."—Court
Journal.

CONFLICT BETWEEN THE POLICE AND THE PEA-
SANTRY IN IRELAND.—The following melancholy intel-
ligence is communicated by a correspondent, upon whom
we can rely:—" Boyle, March 27,1845.—Late last night,
or very early this morning, a vast number of men pro-
ceeded, or rather assembled, in the neighbourhood of
Strokestown, and were in the act of digging up land,
when it became necessary for the police to fire. One of
the country people was shot dead, and eleven wounded.
The coroner (Mr. Peyton) has been sent for, to hold an
inquest, the result of which is not yet known.—There is
no doubt of one man having been shot, and several in-
jured. This occurred within a mile of Strokestown. If
I can obtain any further particulars before the post goes
out I shall send them."—Dublin Evening Mail. '
Mr. Dean, Chairman of the Customs, and Mr. John Wood,
Chairman of the Excise, had interviews yesterday with the
Chancellor of the Exchequer. Mr. Higham, Secretary and
Comptroller-General to the Commissioners for the Reduction
of the National Debt, had also an interview with the Right
Hon. Gentleman.