The Sun.
London, England, 1842-06-21 00:00:00

MONEY and COMMLRCiAL NEWS

CITY, MONDAY EVENING.
The o?era.tion alluded to this morning is now generally
considered to have been on account of the Savings' Banks. If
such be the case, coupled as it must be with those of the last •
week by the same parties, it would appear to argue a great pres•
sure from the smaller depositors, which is not to be wondered
at, when the extreme depression in trade be considered. The
sale in question caused a considerable demand for money, the
rate for which was not materially advanced, although the de-
mand
for it was great.
Consols left off at 91i 914, for the opening, ex dividend ;
Reduced. 91i 91i ; Bank S, ock, 167 168 ; Ex.hequer bids,
Old, 45 47 ; New, 40 42 prem.
In Foreign Securities It elgian sin 102 103; Dutch Two-
and-a-Halt per Cents., 52% 52/3 ; the Five per Cents., 101
104 ; Danish, 811/2 ; Brazilian, 66 67.
Mexican was quoted 36i
'I he quotations of the Bonds were, Portuguese Five per
Cents., 37i 371 ; the Three per Cents., 22 22i ; Colombian,
253/4 26 ; Peruvian, 17 18 ; Spanish Five per Cents., 22
; and the Three per Cents, 231 24.
In Railroad Shares— London and Birmingham was 175
177 ; Birmi,,gham and Gloucester, 49 51 ; Great Western,
87% tzt4l/2 ; the Half Shares, 61i 61%; South Westein,
61 62 ; North Midland, 61 62; the New Shares, 31 32 ;
South Eastern and Dover, 25 25#; the Scrip, ba si; East-
ern Counties, 81 9!4- ; Northern and Eastern, 40 41 ; Black-
wail, 10i 11; and Brighton, 353/4 361/2 per share.
(From The Sun of Last Night.)
A sale of about 20,000/. Reduced by the Bank broker, espe-
cially for notes, has caused the market generally to bo dull
and lower. Consols are 91* 91a fur the opening, ex dividend ;
Three per Cents. Reduced, 91g ; Three-and-a-Half per Cents.,
991; Three-and-a-Half per Cents. Reduced, 1001 1001;
Bank Stock, 167 ; India Bonds, 23 ; Exchequer Bills, Old,
45 57 ; New, 40 42 prem.
Business in Foreign Securities has been confined to a trans-
action in Danish, at 81/ ; prices of others remain nominally as
on Naturday. Mexican is not quoted to-day.
The Share Market has exhibited rather more animation.
Great Western, 88 ; the Half Shares, 61-- ; Cheltenham and
Great Western, 23; London arid Birmingham. 1761/2 ; Edin-
burgh alai Glasgow, 48 48i ; London and Brighton, 35a 35a ;
the Loan Notes, 7a 73-.
. . . _ . •

Spanish Three per Cent. Stock is the only one of this des-
cription quoted, and has risen to 23i 24, on a report that the
money necessary for the dividend has been actually raised.
Accounts from the Cape of Good Hope to the 23d April
have been received. The colonists of this place, finding that,
under the old system, their presperity was declining, turned to-
wards the Government for it to find a remedy for this falling
off; but, upon a t efusal to make advances to try experiments,
have at length learned to rely on their own resources, and it
now appears that individual enterprise is doing much to im-
prove the condition of the place. The real value of land in
the neighbourhood of the Cape seems now to be understood,
and exertions are being made to render it available. Ihe want
of labourers is stated to be a primary obstacle to effect this, but
means were being adopted to overcome it as much as possible,
and subscriptions had been raised to procure a share of libe-
rated Africans. This had been done for the general benefit of
the colony, and not for particular individuals. The " Child-
ren's Friend Society," which existed here and wasdissolved sonic
time since, has always been held at the Cape to have
been greatly misrepresented, and in these papers the names of
several children who had been apprenticed under its auspices
are given, together with the sums 'which had accumulated in
the Savings' Banks from their earnings, and which varied
from 101. to 23/. The labouring class of English
immigrants is highly spoken of, and those landed at Algoa Bay
in 1t3:30, are considered to have been of far more benefit to the
colony than alt the Africans which had ever arrived Acting
upon this impresdon, communications had been entered into
between the landed proprietors and the Executive, to procure
for the Cape a share or immigrants, should any general measure
of the kind be intended.

To rendn' the land more valuable, roads were in progress of
being made across the downs and flats, for the pu pose of in
creasing the facilities of sheep pasturage, it being considered
that the growth of wool has now become of paramount import-
ance. Taking all these accounts together, they must be
viewed as satisfactory, inasmuch as it would appear
that the inhabitants have discovered in what their ti ue interest
lies, and that they are anxious by their own endeavours to fur-
ther it as much as possible.
Papers from Buenos Ares to the 19th March have arrived,
but do not contain the slightest intelligence. Exchange on
England 3d.
LIVERTOOL COTTON MAItKET, JUNE 18._-There Was only
a very uxxlerate demand tc.--day, but price: retroißeci as last