The Sun.
London, England, 1842-05-21 00:00:00

COWES, ISLE OF WIGHT.

(FROM OUR CORRESPONDENT.)
ROYAL YACHT SQUADRON INTELLIGENCE.

The Regatta is fixed for the 17th of August ; four Silver
Cups are to be sailed for, one of 100 Guineas value, given by
her Majesty, and three of 501. each, given by the members of
the Squadron.
The yachts are all getting ready for the season, and there is
every prospect of its being one of the best for many years.
On Saturday last the Members of the Royal Yacht Squadron
held their first meeting this year at the Thatched House
Tavern, St. James's-street, London ; there were present—
Commodore the Earl of Yarborough in the Chair ; the Mar-
quis of Anglesey ; Thomas Hallifax, Esq. ; Vice-Admiral Sir
G. E. Hamond, K.C.B ; Colonel Shedden ; W. H. Saunders,
Esq. ; C. R. M. Talbot, Esq., M.P. • Vice-Commodore Earl
of Belfast ; James Lyon, Esq.; Alexander Murray, Esq., M.P.;
Sir T. M. Wilson, Bart. ; T. M. Gibson, Esq., M.P.; James
Saunderson, Esq. ; Captain James Kean, R.N. • William
Delafield, Esq. ; Captain A. L. Corry, R.N. ; The Earl of
Wilton ; Almon Hill, Esq. ; William Lyon, Esq. ; Spencer de
Horsey, Esq. ; Sir John Bayley, Bart. • George Bentinck,
Esq. • Sir A. J. Murray, Bart. ; Sir B. R. Graham, Bart. ;
G. H. Ackers, Esq. ; Major the Hon. C. C. Vivian, M.P. ;
Sir John Walsh, Bart., M.P. ; John Petre, Esq. ; F. P.
Delme Radcliffe, Esq. ; Lord Lovaine ; Earl Grosvenor ;
William Peareth, Esq. ; Captain F. Holcome, R. H.A. ; the
Marquis of Ormonde.
The following were elected Members :—Lord Wharncliffe,
Romulus, cutter, 30 tons; Duke of Rutland, Resolution,
schooner, 143 tons; J. H. W. P. S. Pigott, Esq., Ganymede,
cutter, 69 tons ; John Quantock, Esq., Naiad, cutter, 70 tons ;
John C. Blackett, Esq., Albatross, cutter, 75 tons.
And the following Honorary Members :—Capt. James J.
Stopford, R.N. ; Commander John Waugh, R.N. ; Com.-
wander K. Corbet, RN. ; Capt. Richard Meredith, R.N. ;
Capt. Robert Fitzroy, R.N. ; Commander John Dick, R.N. ;
Commander Geo. Keith Ogilvie, R.N.; Commander E. G.
Fanshawe, R.N. ; John Hodder, Esq., Collector of Customs
at Cowes; Timothy Yeats Brown, Esq., her Majesty's
Consul at Genoa.

Her Majesty's Cup to be sailed for on Wednesday, the 17th
of August, by yachts cf the seventh class (above 115 tons).
The R. Y. S. Annual Ball on the 16th, and the Annual
Dinner on the 18th August.
Three Cups, of 501. each, to be sailed for ; particulars to be
decided at the meeting on the Bth of July.
W. C. Hoffmeister, Esq., M.D., was elected Surgeon to the
Squadron, in the place of Charles Day, Esq., deceased.
We rejoice to find that this distinguished Club is gradually
increasing in members and funds.
Lord John and Lady Russell have been making a stay with
us ; they left for town this day.
Lord and Lady Tyrconnel are at Townshend's House, on the
South Parade.
The Earl of Belmore has taken one of the West Cliff cot-
tages. The Marquis of Anglesey is expected at Cowes Castle.
The Earl and Countess of Shannon arrive this day at East
Cowes Castle. Prospect House, Oak-hill House, four of the
Cliff cottages, and a number of others are already taken, but the
larger houses are later unlet than usual. The Earl of Lisburn,
Sir B. Graham, Bart., J. N. Fazakerley, Esq., R. Meiklam,
Esq., Lord Congleton, and many other families of distinction
have applied for houses.
The long drouth is severely felt by the farmers in the Island.
Hundreds of acres of barley are not yet sown ; what is sown
will not come up ; the same with the oats, potatoes, &c. The
grass is rarched up, and all hopes of a crop of hay this season
is over.

One hundred men are employed forming the roads. grounds,
&c., on the East Cowes estate. Mr. David Ramsay is forming
the pleasure grounds ; Mr. Beating making surve3s, &c. ; a
number of men are also busily employed in the manufacture of
bricks. Mr. Boulnois, of the Panclibanon, in Baker-street,
has taken the contract to supply 1,100 feet of iron fencing, and
is here to prepare for fixing it.

LLOYD'S SHIPPING-(THIS DAY.)
LONDON, MAY 21. Wind this day_ at Noon, S.
PORTSMOUTH, MAY 20.—Wind W. to W.S.W. fresh ar. d
squally.—Sld. Adelaide ( with stores, &c.), China. Arrd off,
Vigilant. Clark, Bombay.
Fr SW A NAGE,MA Y 19.—Acrd. Jane, Lockport, Dominica.
OFF DARTMOUTH, MAY 20.—Thomas Sparkes, Sparkes,
China.

SWANSIA, MAY 19.—Arrd. Eleanor, Lock, Valparaiso;
Sir J. L. Goldsmid, Cuba. _

PADSTOW, MAY 19.—The Springflower, which sailed hence
for Quebec about a month since, is entering the harbour dis-
masted, and in a very disabled state.
PLYMOUTH, MAY 29.—Wind W.N.W.—Arrd. Hosford,
Buenos Ayres ; Grasshopper, Smyrna.
DEAL, MAY 20.—Wind S.W. fresh.—Arrd. Duncan,
Westward ; Eliza, Sierra Leone ; Eleven, Shields for India.
Arrd. from the River, Northumberland, for Madras ; Waterloo,
Cape William ; Barber, Mauritius ; Allen, Tobago ; Water-
lily, Commodore, Jamaica ; Albion, Quebec.
OFF DOVER, MAY 20.—Rotterdam, Vis, Batavia.
FALMOUTH, MAY 19.—Wind N.N.W. to W.N.W., fresh
breezes.—Arrd. Little Nile (steamer), London for Alexandria.
Arrd. off, Neptunus, Frees, Buenos Ayres, (left port Feb. 7),
and sailed for Rotterdam.
BR#STOL, MAY 20.—Arrd. Bessil, Robertson, Odessa.
Arrd. off, Elizabeth, Auber, Newfoundland.
LIVERPOOL, MAY 20..—Wind S. to W.—Arrd. Har-
mony, Jameson, Mobile; Pomona, Spuggs, Leghorn. Sid.
Enfield, Tampico; Toronto and Europe, New York ; Dow,
Quebec; Fairfield, Calcutta.
DROGHEDA, MAY 19.—Sld. Lady Douglas, St. John's,
New Brunswick.
HARWICH, MAY 20.—Arrd. Leucadie, Sunderland for
Rouen, assisted in leaky, and with loss of rudder, having been
on the Long-sand.
Pr°vß to ldkonng
-
dermaking
about 17.--The Tshkea
es
Roads Macao,
16thn from
is Lona
t.
aboul three feet water per hour, and has gone to Belfastm
to be
lisil'
Quebec, put
overhauled.

TRIAL OF SMITH AND WISHART.—The trial of
these persons for stealing upwards of 10,0001. from the Glasgow
and Ship 13ank, Glasgow, came on for trial yesterday, before
the High Court of Justiciary, and continued till past nine
o'clock at night, when the evidence for the presecution closed.
The Lord Justice Clerk then intimated that, as the evidence
was of a peculiarly intricate nature, involving figures and
calculations, it would be better not to go further that night, and
the trial was accordingly adjourned till this day at ten o'clock,
when the exculpatory evidence will be proceeded with.— Edin-
burgh Paepr of Thursday.
The Memorial de Rouen states that the King is
expected to visit, towards the end of the month, his Chateau de
Vizy, at Vernon.

rnE SUN, LONDON, SATURDAY EVENING-, MAY 21, 1842

MONEY and COMMERCIAL NEWS.
CITY, QUARTER TO THREE.

The improvement in the English Funds has continued to-
day, and as a proof of the great abundance of capital, the pre-
mium on Exchequer Bills, with the certainty of a reduction of
one-ninth for the interest, is higher than yesterday, being 36 to
39, or very nearly the same as it was before the alteration was
suspected or known. Consols are 923 923/4 for Money, and 9-23
921 for the Account; Three per Cents. Reduced 911 913;
Reduced Three-and-a-Half per Cents., 993 11.0; New Three-
and-a-Half per Cents. 1003 101 ; India Stock, 249 250;
Bank Stock, 16S; India Bonds, 21 prem. All the above are
a shade better than yesterday, and the Market has an appear-
ance of great firmness.
Business in foreign securities has been confined to the Dutch
Two-and-a-Half per cents, at 53. Mexican is without a quo-
tation.
Rather more inquiry has existed for Railway shares, and the
sales have comprised Edinburgh and Glasgow, 533, 54 ; York
and North Midland, 93 ; Michand Counties Quarters, 17 3 ;
Manchester and Leeds Quarters, 53 ; London and Birmingham,
181, Thirds, 60 ; New, 313 ; Cheltenham and Great Western,
22 ; South Western, 633 ; South Eastern Scrip, V- ; Eastern
Counties, 9i, New, 4/. 14s. 2d., Debentures, 101. 14s. 2d. ;
Greenwich, 53 ; and Brighton 363.
None of the bonds of the insolvent States are quoted to-day,
except Spanish, which are marked 223 for the Five, and the same
for the Three per Cents.
In reference to the question of reducing the duty on coffee
still further than it is at present proposed, it is now apparently
understood that the Government are averse to any alteration in
their rates. The view taken of the trade in the memorial, al-
luded to yesterday, is one that certainly deserves great and
serious consideration, since the high duty with which it has
hitherto been charged, has acted as a great inducement for
adulteration, and that ietended to be levied, is not sufficiently
low to discourage effectually the mixture of other matters.
Instances could be mentioned in which all sorts of trash
bearing the smallest resemblance to chicory in outward
appearance, have been cleared from the Custom-house, to be
used as a substitute for the substitute itself in times of scarcity,
and without the slightest reference to the properties of the
article, and the duties of 755. and 375. 6d. per cwt. will still
afford a bonus for perpetuating the fraud.
PRICES OF SHARES THIS DAY AT ONE.
R A ILWAYS. Paid. Per Share.
Cheltenham and Great Western. 723 22 to
Eastern Counties
Ditto New 2l. 6s. Bd.
Ditto Debentures —B/. 6s. ed. 101. 14s. 2d.
Edinburgh and Glasgow
London ane Brighton 000000•••,..• 50
London and Birmingham......... 90 lßl
Ditto Thirds
Ditto New ...
London and Greenwich
London and South Western 383 633 to 64
Manchester and Leeds

Ditto A.Shares
Midland C junties .
Ditto i Shares
South Eastern and D0ver......... 50
Ditto Scrip... 5 it to
York and north Midland
COURSE OF EXCHANGE—(YESTERDAY.I

Amsterdam CF. 12 71'Gibraliar
Ditto, at sight
Rotterdam ...2 U. 12 7i Genoa ... 25 90
Antwerp
Hamburgh M.B. 13 143:Veniee
Altona , 13 15 Naples ..............40
Paris, 3 days' sight ... 25 70 'Palermo, per oz 120
Ditto, 3 months 25 95 Lisbon
Marseilles
Bourdeaux 25 95 Rio Janeiro 27
Frankfort on Maine... 1521 Bahia
Petersburgh, 3Us ... 361 !Buenos Ayres
Berlin.-- ... ............ 7 'New York, 21 days sight 46i
Vienna, effec. IL 3M. 955 Philadelphia 46
Trieste, ditto 9 56 'PRICES OF BULLION, PER OZ.
Madrid
Cadiz
Bilbao ... 36 New Doubloons 0 0 0
Barcelona
Seville
PRICES OF IRISH STOCKS, DUBLIN, MAY 19.
3 per Cent. Consols
Three and Half Stock 99 :, 'Grand Canal Stock ...
Ditto Reduced
Ditto New 1830... 991 Ditto 4 per cent ...
312 per Cent. Debs.
LIVERPOOL COTTON MARKET, MAY 20.—The vreekeom-
menced with a moderate demand for American, which since
Tuesday has improved, and the lower qualities have been more
saleable, but without any advance in price : good still remains
scarce, and the market is firmer. Brazil is again in request,
and Egyptian and Surat without change. Out of the 31,250
bales sold during the week, speculators have taken 4,500
American, and 500 Surats, and exporters 2,000 Americans,
and 100 Pernambuco. Between the Ist January and the 20th
Slay, the trade have taken 421,000 bags, an increase of 46,640
over the similar period of 1841. In the same time 63,800 have
been sold on speculation against 120,380 in the last year ; and
the quantity exported has been 30,750 bags in the present,
and was 11,890 in the former part of the past year.
LIVERPOOL SHARE MARKET, MAY 20.—Business was
dull and heavy, and the prices of most Stocks declined, parti-
cularly Eastern Counties and South Eastern, the quotation
for the latter 21, and of the former 41. 18s. Bd. for the New,
and 101. 1 ls. Bd. for the Debentures. The other prices were—
Edinburgh and Glasgow, New, 2 prem. ; Grand Junction,
186 ; and the New Quarter Shares, 251.

THE MARKETS.-(THIS DAY.)
Nr-WGATE AND LEADENHALL.
There was rather a short supply of meat ; buyers purchased
moderately, and prices were the same as last week, with the
exception of Veal, which was rather dearer Beef, 2s. 4d. to
3s. Bd. ; Mutton, 2s. 6d. to 3s. 10d. ; Veal, 3s. 2d. to 4s. Bd. ;
Pork, 2s. 4d. to 4s. Bd. ; Lamb, ss. 6d. to 6s. Poultry in
good supply, the demand limited, at previous rates. Eggs in
good supply, at 4s. to 6s. for 120.
WHITECHAPEL.
The trade was not good, and prices were hardly supported,
though the supply was moderate. Beef, 21. Bd. to 3s. 10d. ;
Mutton, 2s. 4d. to 4s. ; Veal, 2s. Bd. to 4s. Bd. ; Pork,
2s. 2d. to 4s. Bd. ; Lamb, 4s. 4d. to ss. Bd. Clover, 2/. 10s.
to Si. Bs. ; Hay, 2/. to 41. 4s. ; Straw, 11. 10s. to 11. 14s.
TEA MARKET.
The demand very limited, with a tendency to lower rates.
Company's Congou Is. 9d. cash.
TALLOW MARKET.
Russian Tallow sold slowly, but holders required 475. 9d,
to 48s. for parcels on the spot, and 495. for delivery in the last
three months.