The Sun.
London, England, 1842-07-01 00:00:00

MONEY MARKET and CITY NEWS•

FROM THE MORNING PAPERS OF THIS DAY.
TIMES.—The market for Foreign Securities has been
throe n into an extraordinary state of excitement by . a i sole
among the dealers in Mexican Stock. This was occasioned by
some sales made in consequence of a letter from New Yorks
in which it was stated that the house of Messrs. Lizardi and
Co. of New Orleans, had stopped payment, it being known
that house is connected with the firm of the same name in Lew'
don, who, at present as the agents of the Mexican Govern-
ment, hold the funds for the payment of the October dividend.
The stock at once fell about 6 per cent, or to about the quota-
tion of 31. The first excitement having a little subsided, par-
ties came in to purchase at the reduced price, reflecting thet
at all events, if the entire dividend wero lost, such loss
would be much more than compensated by the very lost
price of the stock. This caused a rally of the quotation to
33, when a complete contradiction was given by Messrs.
Lizardi to the New York letter ; not only did they prove
by_ the production of their own advices from Die";
Orleans thot the house there had Not stopped, hg:
also that stoppage was Impossible, as there was nos
a single existing liability against them, while they
had large sums to receive, and hrd sent considerable.. remit"
Lances to London. It may be stated that these adsicee Pa."
ticulaily alluded to the failure of the banks at New °dearth
and the writers spoke in terms of great satisfaction of the eir'
cumatance that they had' not lost a dollar by the general ti,e-
rangement of affairs. As soon as this contradiction was made
known the stock rose to 36, from which it again receded to.
from those who had purchased at the lowest price here
anxious to realize at a profit of three or four per cent. ""
closing quotation was 35 to 36. It may seem extraordiroV.:
at the first glance that the mere belief that a single ha',
year's dividend was in jeopardy should cause a fall so rouc'
out of proportion with the apprehended loss ; but the deal)e
must be taken as a sign of the high estimation with attic"
the holders of Mexican Stock regard the agency of 14leori
Lizardi and Co., and that they considered the chance e
having the benefit of that agency as likely to affect the Pe"
manent value of the stock to a degree that could not be plea;
sured by one or two dividends. Notwithstanding such iolee''
fluctuations as have taken place, it does not appear that we
public have gained or lost anything by the general movesneei::
but that the operations have been exclusively confined to t
jobbers.
The following letter was written by Messrs. Lizardi And.C°.
to the Chairman of the Committee of the Stock Exchange
"26, A ustinfriars, June 30.
" Gentlemen,—We beg leave to contradict in the most et"
plicit manner a report which vie understand has been eireu-
lated on the Stock-Exchange, that the house of Lizardi and
at
in New Orleans,. had suspended payment. As that house 2'
the date of our last letters (the 6th of June) had literal!). 'l°
obligations out, and owed nothing, it is difficult to find ,13J
honest foundation for such report.—We are, gentlemen. l'e"r
obediesst servants, F. DE LIZARDI AND CV.
" To the Chairman and Committee of the
Stock- Exchange."
This panic, to a certain extent, increased the difficult,' af
the settlement in the foreign market, as it rendered tett;
scarce, and produced extreme caution in affording accomenb
tion. Fortunately, however, the settlement passed off pis,
more case than could have been expected, considering the e
trone pressure occasioned by including the fluctuations. .ci
SUN.—'h he English Market remained without change in 131;
at the close of business ; Consols leaving off at 91 911 for t ,
opening ex div. ; Reduced, 91* 91%; Bank Stock, 1661167 i
Exchequer Bills, Old, 45 47 ; New, 4143 prem. ~,r
In the Foreign Market Brzzilian and Dutch Securities rtrir,
improved, the, latter being 52% 52% , for the Two-and-a-Pi',
and 1003/4 1011 for the Five per Cents., and the forte
64 63; Belgian remained at 102 103 ; and Danish 81 82,5
In the Share Market, London and Birmingham were I''
177 ; Birmingham and Gloucester, 49 51 • Great Westeri'l;
861 871 ; the Half Shares, 61 611; South Western, 60 60,
North Midland. 61 63; the New Shares. 30 31; St;
Eastern and Dover, 231 241; Eastern Counties, Si '''
13lackwall, 991 ; and Brighton, 35 351 per share.
fniri
The fraud attempted in the Mexican market this ree•--,
still attracts much attention, and causes the greatest indiPt•
tion.• It has now been fully ascertained that the par 'll.
who sold the first thing at the highest price, were r,f,.(1
purchasers at the 'lowest rate, from whence it is conele e.
that the whole affair was a previously arranged sehe'Dto.
A meeting of the Committee is announced to take place vs
morrow, but it is generally thought that it should have -
place to-day. The last quotation was 35 36.

lIAMBURGH, JUNE 25.—Among the proofs of
pathy for the misfortune of Hamburgh which we received dip,
all quarters, those from England, and especially from Lee 0
are especially distinguished : not only did the Governe'ird
give immediate relief to the houseless, by sending tentivie
blankets, and the wealthy city contributed amply, but 1" rc,
individuals have shown the interest they take in our
Thus Mr. Frederick Huth, of London, formerly our fe'''its
citizen, has sent over as a present an English fire-engiee ho
the latest improvements. The trial made with this engine,. we
fulfilled all the expectations formed of it; and thoeg'ilids
must hope that Heaven will preserve us from the cases is 'root
it might be useful to us, Hamburgh is equally obliged ferilailt,
providing against future dangers.—Hamburgh Borits-v
June 25.
ELECTION COMPROMISE COMMITTEE.--Mr. Stay
ford O'Brien, in pursuance of the pledge he gave on Weufor
day night in the House of Commons, made his appeallo—tba
the Committee-room yesterday morning. After watehieg of
proceedings for some time, without the least' interfereelb.
any member of the Committee, the Hon. Gentlemee,:lise,
drew, having thus asserted his right, anti redeemed his pi
—Tory Paper. held
bINGULAR CASE.—Yesterday an inquest viss,.p.O.
before Mr. T. Wakley, at the Harp, George-street, St. 0
on view of the body of a female, who used to go by the %Ira
of "the little Frenchwoman," and was sometimes c" bat
"Mrs. Emma Clark," who hung herself from a windot ,r.
on Monday last, at her lodgings in Buckeridge-court. 41 the
peered from the evidence that on the day in questiee,,,l,
deceased did not answer the servant who called her ss u,cea
at tun o'clock that morning. A ladder was therefore PI :,!ep
at • her window, the door being found to be bolted
when the body was found dead and stiff. The deceased
seen alive and well at eleven o'clock on Sunday night' ~b.
though she had been residing fur nine years in that Iteroe
bow hood, no evidence could be procured as to the birtb-I
sot
or relations of the deceased. She used to disappear 00"' toot
then for six or seven weeks, and on her return has eel' ost
she had been to Fratice, and a juryman said he had heard j
she was the widow of a captain in the French army, eedZeot
pension receivab:e abroad. She had apparently sew lot
means of maintenance, and was vary reserved, until thig.nros
week, when she tit 'denly took to drinking, evincing at tit* 'Tot
time, by. a change to wildness in her manner, that s.(of
become t .sanc. She had said to her servant that she ."hey
• uld •in p3,erty." A very trilling sum was found is
icon. V. diet, " Suicide whilst insane."

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