The Sun.
London, England, 1845-04-10 00:00:00

MONEY MARKET and CITY NEWS

CITY, TUESDAY EVENING.
TIMES.—The premium on gild at Paris is 17i per mille,
which, at the English Mint price of 31. 17s.10id. per ounce
for standard gold, gives an exchange of 25 59 ; and the
exchange at Paris on London at short being 25 774, it follows
that gold is 0.73 per cent. dearer in London than in Paris.
By advises from Hamburgh, the price of gold is 4364 per
mark, which, at the English Mint price of 31. 17s. 100. per
ounce for standard gold, gives an exchange of 13 104; and
the exchange at Hamburgh on London at short being 13 114,
it follows that gold is 0.40 per cent. dearer in London than
in Hamburgh.
The speech of Lord Brougham last night on the subject of
railway speculation completely echoes the warnings that
have lieen given under this head since the commencement of
the mania. That a reaction must come, and at uo very dis-
tant period, is, we believe, the opinion of every intelligent
person on the Stock-Exchange, the only question being how
they realise larger profits, are uneasy in the midst of
long the present state of things can endure. The jobbers, who
from a period of comparative inactivity that almost threatened
annihilation to their business, have come to another, in which
prosperity, so fully are they convinced of its temporary
character. The present speculation, it has been observed,
differs in its aspect from all that have preceded it. The
bubbles of 1825 had, for the most part, such an appearance of
instability that reflecting persons could soon discern that
they were mere bubbles and nothing more, but the present
schemes are all brought forward with an aspect of public
usefulness, and of possessing a sound basis that renders them
the more alluring, while the interest which the Legislature
takes in the various projects gives a sort of sanction to
speculation. The direction of money into this one channel
has served to keep up the prices of the various shares, and as
long as no diversion takes place, the present state of things
will probably be maintained. The discovery of a new and
more profitable employment ofy by the capitalists
whose advances keep speculation afloat, 1% ould be the first
cause, it is thought, of that change which, sooner or later,
must arrive.
One fact stated by Lord Brougham is well worthy of repe-
tition under this head, as more likely, perhaps, to reach the
class for whose benefit it was intended ;--
" A respectable clergyman in a northern parish, having
saved about 5,0001. for his family, sent it up to a friend in
town, with peremptory instructions to buy railway shares,
as he was determined to treble or quadruple his fortune; and
another person, who had accumulated about 2,8001., sent it
to be laid out in these shares, but added, that as it was a
small sum, his agent had better borrow 3,000/. more for him,
and not be nice about the terms of the loan, and lay the whole
out in railway shares."

LAW INTELLIGENCE.
COURT OF CHANCERY, April 9.
The Lord Chancellor sat in Lincoln's Inn-Hall to• day for
first time since the termination of the Easter recess, and
heard appeal motions.
GRIFFITH V. WALTON.
His Lordship was occupied the whole morning with the
further arguments in this part-heard case, which came before
the Court upon appeal from the decision of the Vice-Chan-
cellor Knight Bruce, and the question in which related to the
infringement of a patent for making tea-pots.

ROLLS' COURT, Ap'il9.
His Lordship the Master of the Rolls was occupied the
whole morning with causes of no general interest.

VICE-CHANCELLORS' COURTS, April 9.
The Vice-Chancellor of England was occupied the whole
morning with exceptions and further directions.
(Before Vice-Chancellor IVionam.)
His Honour took causes to-day, but they possessed points
interesting only to the parties concerned.

COURT OF REVIEW, April 9.
His Honour the Vice-Chancellor Knight Bruce sat to-day
as Chief Judge in Bankruptcy, and before twelve o'clock; he
disposed of all the,bankrupt petitions on his paper except one,
in which it was stated that the affidavits were not ready.
H i
His Honour then left the court, but upon its being intimated
to him some time afterwards that the parties were prepared,
he consented to hear the case in his private room. The case
presented no feature of interest.

JUDGES' CHAMBERS, April 9.
(Before Mr. Baron RoLFE.)
TLIE ST. GILES'S MURDER.—Shortly after Mr. Baron
Rolfe came to Chambers, Mr. Wakley, 14. P., the Coroner for
Middlesex, went before his Lordship for the purpose of ap-
jßandrrjoyotulrirneefretsii,sieiidnnS(tinut.epsGrtn:
plying for a habeas corpus, to be directed to the Sheriffs and
the Governor of Newgate, to bring the body of Joseph
oth the Coroner and
Connor, who stands committed for the murder of Mary
unless the prisoner
eleehsee'(lsi
with ofnt Saturday,'tvhilel
was before them ; and the Coroner then declared his deter-
inbqeierycb,oll recollected that on th e
mination to apply for a habeas.
The Learned JUDGE observed that he was not aware that
a habeas corpus had ever been granted in such a case. From
what bad occurred, it appeared that a person had been exa-
mined before a magistrate on a charge of murder, and upon
the evidence adduced lie had been committed for trial ; and
the authorities were bound to keep him in safe custody until
a gaol delivery took place. He (Mr. Baron Rolfe) was satis-
fied that the judges had no power to grant a habeas, and it
was right they should not, for it was impossible to say what
abuse of power might be made if a habeas could be granted ;
persons in custody for very serious offences might oven escape
from justice if they could be brought out of a prison on a writ
of habeas corpus.
The Coroner contended that the accused ought to be
brought before the Coroner's Court, and observed in that
opinion the Secretary of State fully agreed.
The Learned JUDGE remarked, that if the prisoner had
been improperly committed then some such an application
might be made, but nothing of that sort was attempted to be
shown. Looking at the whole of the case, he felt bound to
refuse the application. 1
Mr. Wakley then retired.

COURT OF BANKRUPTCY, April 9. I
(Before Mr. Commissioner FANE.) 1
IN RE JOiEPII BEAUFORT CULLEN. 1
Thisinsolvent came up for his discharge this morn-
ing. lie is an Irishman, and formerly resided at Norfolk-
street,
and by the use of accommodation bills, ' e
Strand, and latterly at Old Cavendish-street,
li
Cavendish-square. By giving himself out to be a gen-
tleman,managed to get into debt to the amount f
5,1691. les. 2d. For several large sums included in th s