The Sun.
London, England, 1844-06-26 00:00:00

MONEY MARKET and CITY NEWS.

FROM THE MORNING PAPERS OF THIS DAY.
CITY, TUESDAY EvENING.
TIMES.—The modification of the original plan of the
new Bank Bill, which has been acceded to by Sir Robert
Peel, so far as regards the substitution of the average of
the last three months for that of the last two years, to
regulate the issues of the country bankers, will occasion
an increase in the amount of country notes of about
690,0001., the average of the two years being about
7,960,0001., while that of the last three months is about
8,650,000/. The increase will, however, be chiefly bene-
ficial to the joint-stock banks, the additiJn in their case
formed by the alteration of the averages being about
620,0004, while that to the notes of the private banks
will not exceed 170,000/. ; whereas if the extension of
the country circulation had been based on the plan of
taking the averages for a greater number of years, as at
first proposed by the private bankers, their banks would
have obtained the greater part of the advantage. It, is
doubtless for this reason that the applications made to
the Government by the two descriptions of bankers re-
commended principles diametrically opposite.
Although it is not mentioned in the Act, it is to be
presumed that besides the return of each bank, the
Gazette will contain the return of the total circulation of
the private and of the joint-stock banks separately, as at
present. It is essential that this should be clearly
enacted, since otherwise the long details of single banks
will be of little utility to the readers of the Gazette. And
while on the subject of returns we may also say that an
effort should be made before it is too late to cause a di-
vision in the returns of the private securities of the Bank
of England, so as to publish an account of the amount of
bills under discount.

The declaration of the Premier that his own " bias"
was on the side of Mr. Hume's suggestion for repealing
the " legal tender clause" has given much satisfaction,
and leads to the hope that the doctrine to which it refers
may at some future time be carried into effect, and that
the country banks may accordingly be compelled to keep
a portion of gold to answer their own notes.
The premium on gold at Paris is 13 per mille,
which, at the English Mint price of 31. 17s. 10iii. per
ounce for standard gold, gives an exchange of 25
48 ; and the exchange at Paris on London at short
being 25 50, it follows that gold is 0.08 per cent.
dearer in London than in Paris.
By advices from Hamburgh &the price of gold is 435
per mark, which, at the English Mint price of 3/. 1 is. 103 d.
per ounce for standard gold, gives an exchange of 13 10 ;
and the exchange at Hamburgh on London at short
being 13 93, it follows that gold is 0.40 per cent.
dearer in Hamburgh than in London.
SUN.—Consols left off at 98:k to -3, being the same
as in the morning. The market, although dull, did not
appear weak. Exchequer Bills were rather cheaper also
to-day, but India Bonds remained at the full rates of
94 to 96 premium.
Spanish Stock was steady, and with a moderate de-
mand; Mexican rallied again to 34i to i; Colombian
advanced to 13a to 14; and Brazilian New to 79i to 3.
The general range therefore was better, but Belgian
were flat at 103.

The additional transactions in Railway Shares have
been these :—Birmingham and Derby were 354 dis-
count. Eastern Counties, New, sk; Dublin and Cashel,
21-; Croydon, 4i; Midland Counties, Quarter, 8i; New-
castle and Darlington, 17 to i; South Eastern, New, 6i;
Orleans, Tours, and Bordeaux, -,7,- to 4; and Paris anti
Rouen, 184 to 1 premium. London Joint-stock Baak
Shares were 4-1 premium.
The quotations for bills of exchange on Paris was not
quite so good as last post-day, but Antwerp was steady,
and Hamburgh rather more in our favour.
The following is the official return of the exports of
the precious metals for tho week ending. Thursday last :
Bullion to Hamburgh
" Rotterdam
Gold Bars to Hamburgh
and 3,7001.
Silver Coin to Rotterdam 55,000 oz.
and 2,750 L
" to Macao and Canton lB,OOO oz.
" Bars to Rotterdam 58,000 oz.
COURSE OF EXCHANGE.—(YESTERDAY.)
Amsterdam CF. 12 6 Gibraltar —
Ditto, at sight l2 4 Leghorn 3O 45
Rotterdam 9U. 12 6/ Genoa 25 90
Antwerp
Hamburgh M.B. 13 13} Venice 47
Altona l3 14 Naples 39
Paris, 3 days' sight... 25 60 Palermo, per oz ll4
Ditto, 3 months 25 80 Lisbon 54
Marseilles
Bourdeaux
Frankfort on Maine.. 124 Bahia 23
Petersburgh, 3 Us... 37 Buenos Ayres —
Berlin 7 NewYork„2ldys sight
Vienna, effec. 8.3 M 953 Philadelphia —
1 rieste, ditto
Madrid 37 Foreign Gold, bars...C3 17 9
Cadiz
Bilbao 36 New Doubloons 0 0 0
Barcelona 36 New Dollars. 0 4 10
Seville

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Sold at Professor Holloway's Establishment, 244, Strand
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world.

-
DESPERATE ATTEMPT TO DROWN A LAD.--MOD•
day, at the Feltham Petty Sessions, held at the Red Lion, in
the village of Feltham, near Hounslow, a man named Fair-
man Marshall, a farming labourer, living at Stanwell, was
charged, before Mr. C. Devon (Chairman), Captain Carpen-
ter, and Messrs. J. Roe and A. Wood, the sitting magistrates.
with having on the previous evening attempted to drown a
lad named James Hanley, 16 years of age, in a river belong-
ing to his Grace the Duke of Northumberland, at Stanwell.
It appeared from the evidence that, on the
.previous day
(Sunday), a number of persons (about twenty), including the
prisoner, hired a boat, called a " mud boat," drawn by a
horse, to go an excursion down the stream in question as far
as Longford. The injured lad had the care of the horse, and
towed the boat under the bridges, &c., and on their return in
the evening, about eight o'clock, he got into the boat. The
prisoner ordered him out several times, but the lad paid no
attenton to him, upon which the prisoner put his arms round
his waist and threw him into the stream, and, not satisfied
with that, he pushed the lad to the bottom of the water,
which was near six feet deep. The prisoner took no further
care of the lad, who was, however, got out by some persona
OR shore, at which time his nose was bleeding. After the
lad's clothes were wrung, he again followed the boat, and got
on board of it at Pennyoak-bridge, where he became insen-
sible, and was conveyed in that state to his father's house.
where he was attended by Mr. Curtis, a surgeon. Ile, how-
ever, continued insensible until yesterday morning, and a certi-
ficate from Mr. Curtis was produced before the bench to prove
that the injured youth was quite unable to attend the exami-
nation. Police-sergeant Regailsford, T 20, stated that, upon
apprehending the prisoner, about two o'clock that morning,
he did not deny the charge, but said they might drown him
for what he cared. The prisoner was remanded until Mon-
day next, n order that the state of the lad may be ascertained.
THE. WEATHER.—LIVBRPOOL, MONDAY AFTRR•
Noox.—Throughout the whole of to-day, this town, and to a
considerable extent, the neighbourhood also has been visited
by a succession of heavy thunder-storms. The telegraph re-
ported that at six o clock this morning great quantities of
rain bad fallen at Holyhead, shortly after which a thick haze
prevailed along the whole Welsh coast, and at half-past
seven a storm commenced here of greater violence than any
we recollect to have experienced this year. The lightning
was of the forked character, and extremely vivid; the thun-
der was very loud, and the rain fell in torrents. The at-
mosphere yesterday and in the night was of a most oppres-
sive heat, but the rain has not yet cooled it, and from time
to time the storm has exhibited itself with many of the chi.
racteristics of one in the tropics. At the moment we write
eotfbeaentree done
orthtwato
there appears no signs of its abatement. The rain never-
theless will be of great service, as moisture was much needed
by the ground.
edadmesarruchtasiony
woenhathy:
heard of, except Noth
Cheshire side.
Died at Tunbridge Wells, on the 19th instant,
Edward Hill Creasy, Esq., aged 54 years. Mr. Creasy
whose death we here record, in conjunction with Mr. Bar.
nerd Gregory, originally started the Brighton
_Gazette, of
as an auctioneer and house agent, and by the integrity of
his dealings raised himself to the summit of his profession in
which he has continued, we believe, the principal proprietor up
to the present period. He also carried on an extensive business
this town. He has left behind a large circle of personal
friends whose esteem he had won and by whom he will be
much regretted, As journalists we have ever been opposed
to Mr. Creasy; but we have nevertheless great satisfaction
in bearing this willing and unsolicited testimony to his pri-
vate worth.—Brighton Guardian.
CURIOUS CIRCUMSTANCE.—There are at all the
stations on the Ayrshire Railway shifts or switches, placed
betwixt the two rails, for the purpose of removing the car-
riages from one rail to the other. Under the shaft at Lochwias.
noch station, a bird of the "wagtail" species has built a nest,
and is now sitting on five eggs. Altbough there is scarcely
an hour in the day that there is not a train passing over it,
and the wheels of the engine and carriages running within
two or three inches of the resting place of the little bird, it
goes in and out as fearlessly as if it were out, of the reach at
danger.—Western Watchman.