The Sun.
London, England, 1842-08-06 00:00:00

IVIONEY MARKET and CFI Y j i WS.
FROM THE MORNING PAPERS OF THIS DAY.
CITY, FRIDAY EVENING.
POST.—A decline has to be noticed in the price of
Consols to-day, for which various reasons are assigned.
Those that are more probable to be correct are—the ex-
ertions o: some parties who have been Operating as
" bears" to cause a fall, and the anxiety of others to
realise the profit upon the late advance. The first sug-
ge: tion is not unlikely. to be light, inasmuch as it is
known that the people in question are largely interested
in the pigeon expresses, and the report receives corrobo-
ration from the belief that these documents have been
published in a mutilated and garbled form, presenting so
much as would probably create a decline, but carefully
suppressing every favourable circumstance which might
be likely to counteract such an impression. The reac-
tion has been also attributed to the resition of the
French Ministry, but that is not a circumstance which it
is thought would have any great effi..ct here.
TIMES.—The Stock Exchange was in a considerable
state of excitement this afternoon, under the impression
that intelligence had been received from France to the
effect that M. Dufaure had been chosen President of the
Chamber, that M. Guizot consequently would resign, it'
indeed he had not resigned already, and that the Reines
had declined 1 per cent. This intelligence being of a
character which seemed to threaten such serious danger
to the peace of Europe, Consols rapidly declined.
In the Foreign Exchanges to day, owing to a con-
siderable demand for paper upon Hamburgh, the rate
on ;that place was again depressed. Bills upon Paris
were likewise in request, and the price was similarly
affected, but in a less degree. Amsterdam remained the
same as last past.
A copy of the Commissioners' Report on the repudiated
Exchequer bilis has been rent to the Committee of the
Stock Exchange, with strict injunctions not to divulge hs
contents till they were officially made known to the
Legislature. These injunctions have been strictly
complied with by the Chairman, who last night de-
livered it, under his own seal, to the Secrezary. for
safe custody. That the tendency of this report is favour-
able to the bona fide holders is pretty generally believed,
the reason for such belief having transpired from time to
time, long before the Report wa-, printed. At the same
time the greatest anxiety iaexpressed among the holders
that, as Parliament will be prorogued next week, a de-
finitive answer as to the course he intends to pursue will
be given by the Chancellor of the Exchequer to Mr. C.
Buller, when he puts his question to that effect on
Tuesday next. Tho Chancellor of the Exchequer having
stated last night that he should be prepared to give his
opinion when he had read the Report, the feeling is that
ample time will be afforded for that purpose by Tuesday,
and that the innocent sufferers by this unfortunate affirir
should not be allowed to undergo months of renewed
anxiety—a feeling so natural and reasonable, that it is
to be hoped no consideration whatever will interpose to
disappoint it.
It is understood that, for the sake of complying in
sonic measure with the wishes of the Ceylon merchants,
instructions have been sent to the local Government to
reduce the duty on cinnamon to Is. per lb., which is one-
half of that at present imposed. The merchants are
not, however, satisfied with this reduction, since the
duty is still too high to allow a fair competition with the
production of Java ; and they are convinced that if once
put on an equal footing, but not till then, Ceylon, with
its advantages of soil, will be able to contend successfully
against the cinnamon of the rest of the world.
SUN.—The downward tendency of the funds has con-
tinued, apparently without any particular reason. A new
cause, late in the day, was assigned, namely, that it is pro-
bable some change may be made in the French Ministry.
The exclusion of our linens haying been accomplished no
immediate effect on the funds ought to have been produced
by such an event. It has long been notorious that the
present policy of France is decidbdly anti-English, and
from the treaties just entered into with Portugal
and some o/her countries, the two nations most
probably will be placed in greater commercial
opposition. But there are persons in the Stock Exchange
ready to take advantage of every passing event to further
speculation, and to the " bear" party the present fall may
be traced. Consols left off at sellers for Money, and
for the Account ; Bank Stock, 169,1, 170 i ; India
Stock, 249 250 ; Exchequer Bills, Old, 51 53 ; New
49 51 prem.
The prices of Foreign Securities were—Belgian, 1012
1021 ; Dutch Two-and-a-Half per Cents., 511 51i ; the
Five per Cents., 1011 1014 ; Danish, 811 82:k iand
Brazilian, 63 65.
The quotation for Mexican was 351 351.
In the Share Market, London and Birmingham were
180 182 ; Birmingham and Gloucester, 47 49 ; Great
Western, 891- 901; the Half Shares, 68-. k 69; South Wes-
tern, 62 63 ; North Midland, 591 60A- ; the New Shares,
291 304- ; South Eastern, 23 231 ; Eastern Counties,
8-1 91 ; Northern and Eastern, 40 41 ; Blackwell, 9 91 ;
and Brighton, 34 341 per Share.
The foreign exchanges were without any feature fo
particular comment.
The nominal quotations for the Bonds, were—Co-
lombian, 201 20k ; Peruvian, 15 16 ; Portuguese Five
per Cents., 331 33i; the Three per Cents., 19120; Spanish
Five per Cents., 20i 201 ; the Three per Cents., 19k 19k.
COURSE OF EXCHANGE—(YESTERDAY.(
Amsterdam CF. 12 7ilGibraltar .
Ditto, at sight
Rotterdam ...2 U. 12 8 (Genoa ... 25 90
Antwerp
Hamburgh M.B. 13 15 \Venice
Altona
Paris, 3 days' sight a. 25 60 Palermo, per oz 120
Ditto, 3 months 25 85 Lisbon
Marseilles. 25 85 Oporto 594
Bourdeaux 25 90 Rio Janeiro • 26
Frankfort on Maine... 1514 Bahia
Petersburgh, 3Us ... 37 Buenos Ayres
Berlin-- ............ 7 New York, 21 days sight 4b
Vienna, effec. fl. 3 51. 957 Philadelphia .
Trieste, ditto 9 58 PRICES OF BULLION, PER OZ.
Madrid ...
Cadiz 36 t Portugal Gold C0m...3 17 5
Bilbao ... 36 New Doubloons 0 0 0
Barcelona
Seville ... 36 Silver in liars ..... 0 411