The Sun.
London, England, 1842-09-16 00:00:00

lustration. It was then stated that the greatest doubt
existed as to the amount at which the Bank was to be
assessed, and a gentlmcn, who allowed he was a
Commissioner, declare.' he could give no information
on the subject.
Three Acts, intimately connected with commercial
affairs, passed the British Parliament this last session,
which are looked upon as being likely to efect a
complete alteration in the mode of conducting busi-
ness. These are the Merchant and Factors Bill, the
Insolvent, and the Bankrupts Laws ; these, taken in
connection with the tenth article of the American
treaty, bid fair to work quite a revolution in the law
of debtor and creditor. It has never hap-
pened of late that, among nations professing
themselves to be free, such power has
been mutually allowed. If a debtor flee to
any of the continental countries, it is owing only
to an informality of the passport or a technicality of
the law, that any redress could be obtained by the
foreign creditor ; and if a fraudulent swindler could
but get a footing in the United States, the creditors
might be set at defiance. Henceforth the situation of
the parties will be wholly reversed; an individual
guilty of a crime which is punishable in the one coun-
try will be given up to the other. Complaints have
been made of the facilities which, by our new Acts,
have been given to debtors, but if they be thoroughly
examined it will be seen that creditors have not lost
one atom of the power which they formerly possessed,
and by the treaty now about to be ratified with
America, much inducement, which has hitherto been
held out, for fraud will be at an end.

(From The Sun of Last Night.)
The intelligence from America has caused a slight
improvement in the prices of the Funds, and Consols
are 92i for Money, and 93 934 for the Account,
with however but very little business ; New Three-
and-a-Half per Cents., 101 1014; Exchequer Bills,
New, 49 51; Old, 51 53 prem.
The Foreign Market has been quite without trans-
actions—the Dutch Five per Cents. have been sold
at 1024.
The conflicting accounts from Mexico and Texas
via New York, and the absence of letters, have had
an unfavourable effect upon the quotation of Mexican
Bonds, which are marked 35k.
Scarcely any thing has been done in Shares, beyond
London and Birmingham Quarters, 471 ; Great
Western Half-sharea, 59k; Eastern Counties, Bi-, and
Brighton, 33k.
Contrary to rumour, the Directors of the Bank of
England at the half-yearly meeting to-day, recom-
mended a dividend of 3f per cent. for the half year,
the same rate as the last. To pay this, however, and
the income-tax, 5,3961., has to be taken from the Rest,
which is now 2,863,8881. _ _

Spanish Five per Cents. are 161 ; and the Three
per Cent. Bonds, 21. _ . .

The important intelligence by the Britannia has
given much satisfaction in the City. The great im-
pediment to the transmission of orders has hitherto
been the uncertainty in which the amount of duty to
be levied was placed, and this having been removed,
it is understood that instructions for shipping
several large parcels of goods, mid especially woollens,
have been already received. The increase in the
several rates does not appear to be so great as had
been anticipated, although by several of the clauses
of the new Bill a larger amount than was formerly
paid will be now levied ; for instance, the
value of goods for the future will be so calculated as to
include freight, commission, and all charges except
insurance, so that these items will have to be in-
creased by the per centage thereon ; and in addition,
the vessels belonging to the United States are to
have a protection of ten per cent., which will in effect
give these ships a monopoly of carrying goods to
America. There is no such regulation in our tariff,
and goods which can be legally imported from that
country, are admitted here upon precisely the same
terms, whether in English or American bottoms.
The -only exceptions are in favour of the pro-
duce of Asia, which is allowed to be con-
sumed in this country, but by British ships, and
the relaxation in favour of these goods is made
only in favour of the United States. So strictly
has the treaty between the countries been con-
strued, that since our exclusion from the
trade in gum from Senegal by the French,
the citizens of America have been the only
carriers bet Ween Africa and England. Thus, it
would appear, that the Customs' regulations of the
two countries are not by any means upon an equality.
From the general tenor of the advices, certain par-
ties are sanguine enough to hope that some progress
is about to be mile for the payment of the various
State debts. The rate of Exchange was a trifle more
in favour of England, being 1071 1071, but still
nearly two per cent. agai:3st this country.
CLOSING PRICES.

BRITISI3 FUNDS.
India Stock — pm
Ditto Bonds ...... iim
Ditto Old Annuities —l
Ditto New Annuities
Ex. Bills, 1,000/....2d 49 pm
Ditto 500/ 49 pm
Ditto Small 5l pm
Bank Stock for Openg
India Stock for Acct...
!Consols for Acct.

Bank Stock
3 per Cent. Red -
3 per Cent. Cons 92i
per Cent. Red...
New 3i per Cent... lOl
New 5 per Cent.
Long Annuities to expire
Jan. 1860 ......
Oct. 1859
Jan. 1860 , _ _

FORE IGg FUNDS.
Austrian, 5 per cent Portuguese, 5 per cent.
Belgian, 5 per cent Ditto, New Ditto 3si
Brazilian Bonds... — Prussian, 5 per cent.., —
BuenosAyres6 per cent. Russian, 5 pet cent ....,
Chilian 6 per cent. iDitto, Metallic . ....
Colombian, 6 per cent...
itto, Deferred
Spanish, sprerd.
per cent . ll3 i
Ditto, 1824 — Ditto,
Danish, 3 per cent — I French, 5 per cent. —f. —e.
Greek, 1825, 5 per cent — i Exchange
Mexican, 6 per cent..... 351 French, 3 per cent —f. —c.
Ditto, 6 per cent. 1837 \ D utch, 2i per cent s2i
Peruvian, 1825,6 peret. IDitto, 5 per cent. .. ... 1021-
SHARES.
Bristol .nd Exeter (70 paid) ~„ .....
...
.. 26
Eastern Counties Railway (23 paid) ...
Great Western Railivay (65 paid)
Ditto New Shares ( 50 paid)..
London and Brightol i (50 paid) 33
Ditto Loan Notes (10 paid)
I.ondon and Blackwa li ( paid) 7
London and Birmiini ham (90) ...... ....,...
Ditto Quarter Shares (25 paid) 471
Ditto New Shares .\ ( 2 paid ) ... ........
London and South Wt stern (4116 s 10d pd) 58
South Eastern and Dover (50 paid)...
Ditto Scrip (10 paid)