The Sun.
London, England, 1829-05-04 00:00:00

THE FUNDS.--(THIS DAY.)

CITY, TWELVE o' CLocir.
The English Funds this morning have been sub-
ject to more fluctuation than usual, and the rapidity
with which the variations in the price took place
spews the feverish state of the market, and bow
very opposite the opinions of speculators are as to
the future state of the British Funds ; this may in
a great measure be attributed to the near approach
of the period when, if any important alteration has
taken place in the system of our finances, it will be
known. A number of reports have also been cir-
culated, one of which is rather improbable at the
present moment, a reduction 114 the Army of 10,000
men ; one thing is certain, the accounts from the
manufacturing districts are of a most distressing
nature, and give rise to the most serious reflections
for the future. Before the rattle went Consols were
done at 86k, hut opened, at the regular hours of
business, at 861 -1, went up rapidly to 871, receded
to 87, moved to 87k I, and eventually to 1 again;
they are now 87-1-, sellers, for money and account.
India Bonds have fallen from 46 8 to 43 5 pm. ;
Exchequer Bills, 57 8 pm.
The fluctuation in the English market has so
completely occupied the attention of the dealers that
little business has been doing in the Foreign Funds
to-day ; Brazilian Bonds are 52k 4 ; Buenos Ayres,
251 6}; Mexican, Six per Cent., 20k 21; Portu-
guese, 451 61; Russian, 951 1; and Danish, 64k;
the reported assassination of Bolivar, in the Ameri-
can Papers, is not believed, and the price of Colotn-
hien Bonds are 15 k.
In Shares the discount on Bolanos has declined
to 15 5; all the other speculations arc without
variation.
Three per cent. Consols, 871 ; Ditto for Account,
87k 4 ; India Stock, 226 27 ; Bank Stock, 208 9 ; India
Bonds, 43 5 ; Exchequer Bills, 57 8 pm.
TWO O'CLOCK.
The usual notice has been sent down to the
Stock Market by Government, of their intention to
fund three millions of Exchequer Bills, offering
101/. 10s. on the Four per Cents., 1826, for every
100/. Exchequer Bill redeemable in 1833. The prem.
on Exchequer Bills, from the smallness of the fund-
ing, has caused them to advance to 63 61. Con-
sols have been 87i 11, but are rather lower now,
871, sellers. Portuguese Bonds are lower, 44f 45.
71 RA'E 0' CLOCK.

Consols, 87i, buyers.
FOUR O'CLOCK.—CLOSING PRICES.

Consols 87
Do. for Ac. 87i
Brazilian Bonds 53i
Buenos Ayres
Chilian Do.
Columbian, 1824 15

Danish 64
Greek, 1825
Mexican, 1825
Peruvian
Russian
Spanish 94

ROYAL ACADEMY.-(THIS DAY.)

The SIXTY-FIRST EXHIBITION of the ROYAL
ACADEMY opened this Morning.
The paintings are numerous, and possess unusual
variety; but though many of them are excellent,
some first-rate, yet there is no one particular picture
that stands out by itself for transcendent
Sir Thomas Laurence has enriched the collection
with six or eight fine portraits. Danby has adorned it
with the abundant stores of his imagination; Wil-
kie, with his knowledge of character; but none of
the three have achieved any thing superior to their
former attempt. They have just contrived to keep
up their reputation, but not to increase it.
4. SUBJECT FROM THE REVELATIONS, Danby. This
is a very impressive picture, consisting of but one figure,
the angel flying through the air with his face muffled;
and crying " Woe, woe to the inhabitants of the earth."
The colouring is very characteristic, but there is too much
smoothness and polish about it.
9. LANDSCAPE, J. Constable, a very spirited sc.me,
full of truth and earnestness: It is, however, too much
imbued with Mr. C.'s peculiar notions of colouring.
This gentleman is fond of dotting and speckling his hind-
'capes, which invariably look as if they had got the
measles. The effect, however, notwithstanding this slight
touch of affectation, is far from unpleasing.
102. PORTRAIT OF THE DUCHESS OF RICHMOND,
Sir T. Lawrence.—This is a very rich portrait : of the
likeness we cannot speak, but the features are gracefully
developed, the figure elegantly preserved, and the satin
drapery sparkling, and strongly characteristic of Sir
Thomas. The little touch of sylvan scenery makes a very
pleasing addition to the painting.
64. PORTRAIT OF SIR J. lircu.aansotc.—T. Phil-
lips, replete with character, and a very animated likeness.
79. THE FIRST INTERTIEW OF HENRY IV. WITH
THE FAIR GABRIELLE, R. Westall.----No one could pos-
sibly mistake the artist in his portrait of Gabrielle; a
face in which lie has repeated himself at least a hundred
times.

91. PORTRAIT OF THE RIGHT HON. THE LATE EARL
or KELLIE, D. Wilkie.—An admirable painting, of as
earnest and commanding character.. The muscles of the
Earl's hand which is resting on the chair in which he sits,
are as true to life as can be conceived, and have a truly
surprising effect.
103. SCENE IN A KENTISH Hop-GARDEN, W. Col.
tins..—The far-stretching Vista seen through the pictu-
resque alley of hop pl3nts in this hushed beautiful little
landscape, does infinite credit to the artist's taste and
discrimination.
110. CARDINALS, PRIESTS, AND ROMAN CITIZENS,
WASHING THE PILGRIMS' FEET, Wilkie.—With much of
Wilkie's mannerism, this painting will not,we fear, be ranked
among his int,st successful efforts. There is an air of tameness
and cold correctness about it, far different from the fire,
the earnestness, and perfect truth of nature by which he
has been so long distinguished.
155. PORTRAIT OF LORD DURHAM, Sir 1. Laurence.
A very striking and lively likeness.
165. A CANAL BANK, MOONLIGHT, F. H. Hen-
shaw. A dim, wi:d, and visionary scene, replete with
romance and poetry.
( We shall continue our notices to-morrow. )