The Sun.
London, England, 1842-06-02 00:00:00

MONEY and COMMERCIAL NEWS.
CITY, WEDNESDAY EVENING.
_ _ _

The Funds closed extremely firm, aid the final bargain in
Consols for immediate transfer was made at 92a; the last
quotation for the Account was 93i 93i, with a firm appear..
ante ; Bank Stock, 1671 168 ; India Stock, 250 •252 ;
Exchequer Bills, Old, 41 44; Advertised, 36 38 prem.
The books for transfer in Consols and most of the other
Stocks are now closed preparatory to the payment of the July
Dividends ; bargains for the future until the 15th of that
month will only be for a time, transfera not being permitted,
except by special permission of the Directors, and then only
under particular circumstances.
Eastern Counties, 9i 9i ; Northern and Eastern, 42 43 ;
Blackwall, 11 1 ii; and tsr ghton, 35i 35i per Share.
The Bonds were thus quoted—Colombian, 2614 26k ;
Peruvian. 18/1 19it ; Portuguese Five per Cents., 37 37k ;
the Three per Grits., 214 22%; Spanish Five per Cents.,
22a 23i; and the Three per Cents., 234 24.
It will be observed that Spanish Stock has rallied since the
afternoon, and retiovered from the intelligence of Senor Hull's
resignation) whether be or any one t Ise be Alinister, the position
of the Bondholders cannot be altered, while the finances remain
in the state they are.
Foreign Securities were without particular business, and
a'though money continues scarce in this market, prices are
steady. Belgian Bonds were 102 103; Dutch Two-and-a-
Half per Cents., 523 53 ; the Five per Cents. lel 101 l ;
Danish, 8014 8114 ; and Brazilian, 67 68.

The quotation ot Mexican h lower than yesterday, being
36i36.
•

The Share market was flat, and prices were not so good ;
London and Birmingham, 178 180 ; Birmingham and Glou-
cester, 50 52 ; Great Western, 88 89 ; the Half Shares; 61i
62k; South Western. 62i ; North Midland, 65 67 ; the New
Shares, 32 33; South Eastern and Dover, 26 26i ex divi-
dend, and New Shares, the Scrip, 6i 64.
(From The Sun of Last Night.)

Very unusual for the day ow which the Bank books close
previously to the dividend, but little business has been done in
the English funds. The market is exceedingly firm, and prices
generally are a shade higher than yesterday, with an appearance
of further improvement. The run has been chiefly on the
heavy stocks. Consols are 924 for Money, and 93i for the
15th July. Three per Cents. Reduced, 914 ; Three-and-a-
Half per Cents. 99/ ; ditto Reduced, 1001; ditto New, 1018.
Bank Stock, 1674 168; India Stock, 250 252 ; India Bonds,
22 23 ; and Exchequer Bills, which are Is. higher, Old, 41
43 ; Advertised, 36 38 premium.
Foreign Securities are all good, and the Dutch rather
higher, the Two-and-a-Half per Cents. being 53h 54, and
the Five per Cents. 101 101 i ; Belgian, 102 103 ; Danish, 80/1
; and Brazilian, 67 68.
Rather more inquiry has existed for Shares, but a trifling
decline has occurred in prices ; the transactions are but
limited, being confined to South Western, 62* 63 ; Great
Western, 89 90 ; New, 614 61 ; Brighton Loan Notes, 70i;
South Eastern, 26i; Edinburgh and Glasgow, 4i.
The Bonds quoted to-day are Colombian, 261; Spanish Five
per Cents., 22f 221, and the Three per Cents., 23f 231.
It will be seen that the quotation fur Spanish has.materially
declined. This is owing to the intelligence that Senor Rub,
the Finance Minister, is no longer in office; but why this
effect should have been produced by his dismission is not to be
accounted for, since by his acts he completely belied his profes-
sions to the English creditors;and if anything is to be gained, it
has long been evident that it must be from the opposition.
Further accounts from S)dney, to the 2d February, have
beer, received. The peculiar state in which that country is at
present placed from the want of labourers to attend to that
now important branch of its prosperity, wool growing, had at
length began to excite attention. The unfitness of converted
Europeans for shepherds had for some time been so apparent
that the community in general refused to employ them as such,
and the cultivation of sheep is stated tobe a losing occupation, if
more than 151. to 201. per annum be paid for wages. These indi-
viduals benefited the colony for more by being employed in
forming roads and suchlike internal improvements, for which they
were well adapted, than in being forced into an occupation inwhich
they could not succeed. The question of importing coolies
had also been mooted, but decided in the negative' by all par-
ties, from the Governor downward , and the failure of the
emigration fund had prevented any expectation of a supply by
means of that source. It was intended under the circumstances
to hold public meetings, in the expectation that some plan
might be devised to remedy the evil.
A kind of fete had been held to celebrate the fifty-fourth
anniversary of the lauding of Governor Hunter at Sydney, then
called Botany Bay. At the dinner which was given on the
occasion some interesting accounts were stated of the progress
made since, and however gloomy particular letters may be. no
doubt can exist that, in a very short time. Australia must be-
come the most valuable of British derndencies.
Some later intelligence from New Zealand is found in these
papers., It appears that parties are being frequently sent out
to explore the country and report fit locations for new settle-
ments; the information furnished by them leads to the conclusion
that the fertility and capabilities of the island, and these stir.•
rounding it, have not been so greatly exaggerated as has too
frequently been the case with new colonies.
LIVERPOOL COTTON MARKET, MAY 31.—Prices remained
perfectly steady, and 4,000 bales met with purchases at the
previous quotations, of which 500 American were for ex-
portation. _ •

LIVERPOOL SHARE MARKET, MAY 31.—Twotransactions
were reported to-day, and the Market, generally, was dull.
The sales were altogether confined to Eastern Counties Deben-
tures, 101. 16s. Bd., ditto ;New, 4/. 19s. 2d. ; North Midland
Thirds, 21/. Bs. 4d.; South Eastern, New, 64.
MANCHESTER STOCK EXCHANGE, MAY 31.—We cannot
report any improvement in our market. Our only quotations
are—Bristol and Exeter, 43? t ; London and Birmingham,
Quarters, 36i, ; Manchester and Leeds, Quarters, si.
CLOSING PRICES.
BRITISH FUNDS.

Bank Stock 1674 ;India Stock
91i Ditto' Bonds 251 pm
3 per Cent. Red. 24 pm
3 per Ceut. Cons 924 Ditto Old Annuities ...
3i per Cent. Red 100 i Ditto New Annuities...
New 3 per Cent... loli Ex. Bills, 1,000/....2d. 43 pm
New 5 per Cent — Ditto 5001— ... 41 pm
Long Annuities to expire Ditto Small ...... 44 pm
Jan. 1860 ......... 12 9-16 Bank Stock for Acct....
Oct. 1859
Jan. 1800 l2l 'Consols for Acct....... 9.3 i
FOREIGN FUNDS. .
• •

—.--
Austrian, 5 per cent Portuguese, 5 per cent.
Belgian, 5 per cent 'Ditto, New Ditto 374
Brazilian Bonds... 67 'Prussian, 5 per cent.., —
Buenos A yres 6 per cent. Russian, 5 per cent —
Chilian, 6 per cent — Ditto, Metallic ...... . ....
Colombian, 6 per cent —i Spanish, 5 per cent 224
Ditto, 1824 264 'Ditto, Deferred.... .. , 104
Danish, 3 per cent Bl4 French, 5 per cent. 120 f. —e.
Greek, 1825, 5 per cent — Exchange —f —c.
Mexican, 5 per cent 36a 'French, 3 per cent. —f. —c.
Ditto, 6 per cent. 1837 Dutch, per cent. 53
Peruvian,lB2s, 6 peret. Ditto, 5 per cent. .. ...
SHARES.
Eastern Counties Railway (23 raid) .. 94
Ditto New Shares ( paid)
Edinburgh and Glasgow (50 paid) ...... ...
Ditto New Shares ( 3 paid..
Great Western Railway (65 paid)
Ditto New Shares (50 paid)
London and Brighton (50 paid) .., 354
L.itto Loan otes (74 paid)
London and Birmingham (90) . .. . .. 178
London and South Western (431 15s odpd) 63
Manchester and Leeds (70 paid) ... ..
Ditto New Shares (30 pai.t )
North Midland Railway. (100)
Ditto Half Shares (40 paid) 33
Ditto Thirds ( paid) - 2l/ 3s 4d
Paris and Rotten (16 paid)
South Eastern and Dover (50 paid) 26
Ditto Scrip. ( 5 paid)
York and North Midland (50 paid) ... ...... 924

CHURCH-ItATES-GLORIOUS
VICTORY. •
TO THE EDITOR OF THE SUN.
_ . .

-
SlR,—This evening at 8 o'clock terminated a severe contest
on a poll of four days for a Church-rate in this parish ( Port-
sea), which has terminated most triumphantly in favour of
Civil and Religious Liberty 1 The Vicar declared the statement
of the poll to be—
For the rate 768
Against the rate 1,318
Majority agaiti‘t the rate....... —550
I hasten to communicate this important intelligence, that
your Anti-Church-rate readers may know the result as early
as possible through the length and breadth of the, land, by
means of your vast circulation.—l am, Sir, yours re!pectfully,
WILLIAM BILTON, Chairman,
Portsea Anti- Church-rate Committee.
Portsea, May 31, 1842.