The Sun.
London, England, 1842-11-16 00:00:00

MONEY MARKET and CITY NEWS.

FROM THE MORNING PAPERS OF THIS DA?.
CITY, TUESDAY EVENING.
TIMES.—The premium on gold at Paris is 11 per
mine, which, at the English Mint price of 31. 17s.
10d. per ounce for standard gold, gives an ex-
change of 25 43, and the exchange at Paris on Lon-
don at short being 25 60, it follows that gold is
0.68 per cent. dearer in London than in Paris.
By advices from Hamburg'', the price of gold is
432 k per mark, which, at the English Mint price of
31. 17s. 10:Vd. per ounce for standard gold, gives an
exchange of 13 84, and the exchange at Hamburgh
on London at short being 13 101, it follows that gold
is 0.68 per cent. dearer in London than in Hamburgh.
By accounts which have been circulated this morn-
ing in the City, it appears that there was much exag-
geration and misrepresentation in the first description
of the circumstances attending the loss of the trans-
port ship 'Waterloo, off the Cape of Good Hope. We
refer principally to the statements, that within half an
hour after the Waterloo struck " she parted in two,"
and that within an hour and a half " not a vestige was
to be seen—she had literally gone to pieces." This
is effectually contradicted by a fact very material in
such a case, that the public sale of the wreck took
place on the 2d of September, five days after
the gale, and realised the sum of 6301. The
underwriters at Lloyd's, whose judgment in such
matters is not to be impugned, are so far satis-
fied of the seaworthiness of the vessel, that they have
agreed to settle for the loss at once. The relative
position of the Abercrombie Robinson and of
the Waterloo is considered, by those conversant with
the subject, to explain sufficiently why one vessel was
able to weather the storm, and to save nearly all on
board, while the other was totally wrecked with so
dreadful a loss of life. By the letter of Captain
Young, the commander of the Abercrombie Robinson,
it appears that he went ashore at half-past three, A. At.
on the 28th of August, at the top of high water,
while the Waterloo did not' go ashore till three-
quarters past ten, A. M., when consequently it :must
have been near low water. The Abercrombie went
ashore with her head on, but the Waterloo went
broadside on, her anchors still holding her, and the
action of the sea tearing her to pieces. The lament-
able loss of life in the convict ship arose from their
being no life-boats on the shore to send to her assist-
ance, and the necessity which exists in such vessels of
keeping the convicts under hatches to prevent there
escape till the last moment. Whatever imputations,
therefore, may attach to the mode in which the
transport service is performed, they do not apply to
the Waterloo.
POST.—Money continues very cheap for commer-
cial purposes, but business is dull and bad, and although
the interest obtained for the discount of bills is so un-
precedentedly low, the brokers complain that there is
a greater difficulty in doing this description of busi-
ness than is commonly found 'to be the case when a
higher rate prevsils. At present none but the very
first class paper meets with the smallest favour from
parties known as lenders.
The St. John del Rey Mining Company have re-
ceived from Brazil, by the Challenger, which arrived
yesterday at Cowes, 150 lbs. of gold, worth about
6,0001.
The tea market has not, for the moment, exper-
rienced any change. The loss of so large a quan-
tity as that advised as having been put on board the
Reliance would most probably have been felt in a
greater or less degree, but there is at present no pub-
lic sale on hand, nor will there be any till next wisek,
to furnish an accurate index to the impressions of
the trade.
SUN.—The market for English investments closed
pretty well the same as it opened, with moderate sales
in the heavy investments. New Three-and-a-Half
per Cents. have been rather flat, and Bank and India
Stocks were not supported. Console left off at 94 to
94* ; Exchequer Bills, 58s. to 60s. premium ; and
Three per Cent. Annuities, 931 to 931. Money has
been very plentiful.
In the Foreign Bonds the dealings have been of
minor interest. Mexican still manikins the as-
cendency, as a speculative stock. It closed 32fr to
33 for the Actives, and 9+ for the Deli 'rred. Spanish
i
Five per Cents. were 18*, and the Three per Cents.
21i to 22. Peruvian were at 17; Colombian, 21,
and Brazilian 64.1 to 654 ; Dutch Five per Cents., of
the New Loan, were 99 to 99+.
More business- was done in Joint-Stoisk Bank than
in Railway Shares :—Gneat Western Yew were 114
to 11i premium ; Brighton, 15A- discount; Birming-
ham and Gloucester 58+, and North Mit Hand, 39 to
40i discount. London and Westminster B'ank Shares
' are 2 to 2* premium, and Provincial of lieland 16t
premium.
The Foreign Exchanges have been on the decline:
—Paris was done at 25f. 80c. to 82ie. ; Amsterdam,
12 5+ to 5* ; Frankfort, 151+ to 151 i ; said Ham-
burgh, 13 101 to 13 114.
The following is the official return of 'the Exports
of Bullion from the Port of London, for the week
ending Thursday last : oz.
Silver Coin to Bombay.... . ...... 3,000

" " to Calcutta T..5,000
" Bars to Ditto .. 3.4,000
" " tin Hamburgh 4.000
Gold " to Bombay._ ...
t 4 " to Calcutta 4BO
" Coin to New York .. 220
COURSE OF EXCHANGE—(YESTERDAY.)
Amsterdam CF. 12 84;Gibraltar ... ........- ..... 4d
Ditto, at sight
.... 30 63
Rotterdam ...... ...2 U l2 9 ;Genoa . 26 10
Antwerp l2 3 (Milan
Hamburgh ......M. B. 13 14 I Venice 47
Altona ..,,,,.... l4 14i1Naples ... 40
Paris, 3 days' sight ... 25 65 Pakrroo, per or l2O
Ditto, 3 months 25 90 Lisbon .~
Marseilles
Bourdeaux 26 95 IRio Janeiro ~. 23
Frankfort on Maine ...1511 ?Bahia
Petersburgb, 3 Us. ... 37 IBuenos Ayres
Berlin
Vienna, effec. ii. 3AI lO 1 'Philadelphia. 49
Trieste, ditto . .......
Madrid ... 36i Foreign Gold, bars i.% 17 9
Cadiz 36i Portugal Gold C0u5...7., 17 3
Bilbao 36 New Doubloons .....0 0 0
Barcelona
Seville

KINGSTON FAIR, Nov. 14.—This great annual
mart for all descriptions of stock comraenced this day,
and the supply of beasts, sheep, a4cl pigs, was ex-
tremely limited. Of horses, the show was larger
than usual, there being exposed for sale between 500
and 600, the quality in general good, and for such
good prices were obtained ; inferior ones were a mere
drug. The beast market mks' dull, and with Sir R.
Peel's tariff in
eefgrur
elael
sefnotdistributedl
onp,operation,se:n_ l a
siTcnath
rtuhyse
eeee dadriiie aea r
srdAee
o.a.potrl
grounds,
dsrt
soi6uoe,
intt
anhf rtieloadpndiri 2oe
Hertfordsfe
sctaovtnt3lre: were
steers, from 101. to 16/. ; tw a-years-01i
ditto and second quality, from 71 to 10/ ; Scotch and
Welsh runts, from Si. to 101. each : cows.; and calves,
from 161. to 21/.1 in calf-heifers (two and three-years
old), from 101. to 16/. ; second ditto, from Si. to 81.
We observed a quantity of French cows and calves,
which being of low quality, realized extremely 'de-
pressed rates ; such a quality exhibited at such a this,
must raise the hopes of the British farmer, knowing
such animals cannot vie with the stock reared in this
country. The depression in shef,p was from 7s. to
10s. per head upon last year, and. although the quan-
tity was one-third less, they we...se with difficulty dis-
posed of at the following prices : Wethers, 245. to
365. ; ewes, 20s. to 30s. ; andPlambs, 15s. to 245. per
hwe,
aagd I
g.
nlnnatdheopfig fine marketp nporker
ei trrfars oma novelscntlansigdhftortoa sz:
the trade ruled dull, pork selling at from 3s. to 3s. 6d.
per stone of Sibs. ; store pigs, from 15s. to 30s. ; three
to six months old, from. Bs. to 15s. In the pleasure
fair we observed the usual number of shows and booth
keepers, but even in this a general dulness prevailed
Irish Paper.
PARLIAMENTARY BULLS.—On account of the great
number of suicides a member of the House o t
Com-
mons moved for leave to bring in a Bill to make it a
capital offence. In May, 1784, a Bill introduced to
limit the privilege of banking was st.mt from the
Parliament of Ireland for the P.,oyal appro-
bation. It contained a clause, •"' That should
It hi
do e
dr isethat anotheron t persone
back
Ina Bill
ofettao t
it fhurfeoai
a Member be unable to write. he might au-
letter so frankedp
nirdkeprn forhl ins handhdnw
no f rth
tboerwgaritNe'era certificate
lotnhldaebNiMlietetgate in Dublin; and rebuilding
spot, it was enacted, that
pense the prisoners should
" to itbon the sane
-prevent -unnecessaa ex-
till the new one was finished l"
"remain in the old gaol
straining the liberty of
as an additional clause tlrat all
(the late Lord Eldon) brut h •
anonymousen. Si r John. Scott
14 t in his Bill for re-
should have the name of the author printed on the Press, a Member moved
scow o
the
es
title page !
BARRICTER.—A. few days ago a entle-
man of the Jewish persuasion was called to the bar
ih s g
by the Hon. Society of the Middle Temple. The
gentleman alluded, to is Mr. John Simon, LL.B. The
usual forms were gone through in tb.e presence of a
numerous body, of the benchers and 'barristers, with
the exception that the new-made barrister had
to be sworn on the Old Testament, and which
sacred volume, written in the Hebrew tongue, had to
be sent for. Another difficulty arose, under the fol-
lowing circumstances :—lt is the usual practice in
the courts of law for gentlemen of the Jewish per-
suasion to take the oaths with their hats on ; but
upon this occasion, owing to the size of the wig with
which it was necessary that the head of the Hon.
Gentleman should be covered, the hat could not be
put on. in consequence the ceremony was gone
through without that customary observance. It is
stated that Mr. Simon is the first Jewish barrister
connected with the Middle Temple.
The General Steam Navigation. Company's steam-
ship Rainbow, that left London on Sunday, arrived,
notwithstanding the boisterous st ate of the weather,
at Antwerp, at her usual time, on ItondaY morning.