The Sun.
London, England, 1842-09-10 00:00:00

PUBLICATIONS.

lONDON SCHOOL LIBRARY.—Messrs.
SOUTER and LAW begs to announce that their
ANNUAL LIST of SCHOOL BOOKS in all Languages,
and Miscellaneous and Scientific PUBLICATIONS, is now
ready, and will be delivered GRATIS to the Principals of
Publicand Private Schools, on transmitting their card or cir-
cular.-131, Fleet-street. Sept.. 1842.

"PIM DAILY EVENING STAR to be
jj ENLARGED AGAIN on MONDAY, September 19th,
that all well-wiAers to the justice-dispensing CHARTER, in-
cluding all Chartists, working-men, shopkeepers, mechanics,
farmers, and all trades, with their families, may have a repre-
sentative in London on " a sound pair of legs," with " its
back against a wall,"to "square away" in the defence of Right.
Price 5d., 10s. monthly.
G. F. Pardon, Publisher. 252, Strand.

NEW WORK ON SHOOTING.
Just published, in one thick Volume, handsomely printed in
Bvo., price 11. Is., cloth lettered.
THE MODERN SHOOTER; containi9. prac-
tical instructions and directions for every description of
inland and coast shooting; with copious observations on the
several varieties of shoulder and stanchion guns, shooting punts,
sporting dogs, &c. ; interspersed with original sporting
narratives and anecdotes ; and embellished with numerous ex-
planatory a3d humorous engravings.
By Captain LACY.
Whittaker and Co., Ave Maria-lane.

Just published, price 2s. 6d. cloth.
NNARRATIVE of a RESIDENCE in various
parts of NEW ZEALAND, together with a Description
of the present State of the COMPANY'S SETTLEMENTS.
By CHARLES HEAPHY.
" Of all the little works about the New Zealand settlements.
Mr. Heaphy's will best tell the inquirer' What they are like.'"
Spectator. _

- Also now ready, Sixth Edition of
THE HON. H. W. PETRE'S NEW ZEALAND,
In demy Svo., with a Map and Plates, 3s. cloth.
AN ACCOUNT of the SETTLEMENTS
of the NEW ZEALAND COMPANY, from Per-
sonal Observation during a Residence there.
By the Hon. HENRY WILLIAM„PETRE.
" This is a valuable contribution to our sources of informa-
tion respecting New Zealand; and the best proof of the
Author's very favourable opinion of the country. is his making
immediate arrangements to return there as a colonist."
Smith, Elder, and Co., 65, Cornhill.

PATENT LEVER WATCHES.
MESSRS. HORTON and CO., Watchmakers
and Jewellers, 35, Ludgate-street (opposite Messrs.
Everington and Co.'s), offer to their friends and tie public
their celebrated PATENT LEVER WATCHES, of work-
manship of the highest class of excellence, capped and jewelled,
maintaining power, &c., at the following prices :
Ladies' Lever Watches, Gold Cases, and Gold Dials, 121. 12s.
to 16/. I6s. ; Gentlemen's Lever Watches, Gold Cases, and
Enamelled Dials, 14/. 14s. to 18/. 18s. • Gentlemen's Lever
Watches, Silver Cases, and Enamelled Dials, 61. 6s. ; the Ho-
rizontal Movement, in Flat Gold Cases, id. Bs. to 121. 12s. ;
the Horizontal Movement, in Flat Silver Cases, 4/. 10s. ; the
Vertical Movement, in Gold Cases, 6/. 6s. to 101. 10s. ; the
Vertical Movement, in Silver Cases, 21. 12s. 6d. to 4/. 4s.
A warranty for twelve months.
N.B.—A large stock of new and tasteful Jewellery, Ladies'
Silver Card Cases and Vinegarets, Gentlemen's Snuff Boxes,
and a great variety of other Fancy Articles, at prices consider-
ably below tt,e usual London charges.

MONEY MARKET and CITY NEWS

FROM THE MORNING PAPERS OF YESTERDAY.
TIMES.--Connected with the savings'-bank sys-
tem, the fact is a remarkable one, that although the
Savings'-bank Annuity Act was passed in 1833, the
number of annuities payable under it on the sth of
January last, as appears by the Parliamentary return,
was only 1,355, and the amount 22,8911., while the
number of individual depositors, exclusive of chari-
table and friendly societies, was 824,162, and the
amount of deposits 22,915,940/. on the 29th of No-
vember, 1841. Of the 555 savings'-banks in the
United Kingdom, only 61 undertake the negotiation
of these annuities, viz., 56 in England, 3 in Ireland,
and 2in Scotland. The fees payable by each con-
tractor for purchase of such annuities are limited by
the Act to 2s. 6d. admission fee, and ls. annually af-
terwards. Hence it would seem that the fees are too
small to hold out any inducement to the extension of
the annuity department of the savings'-banks. Yet
the conversion of a portion of the claims of the say-
ings'-banks' depositors, which are increasing at the
rate of about a million annually, into terminable an-
nuities, is a subject well deserving the attention of the
Government.

In reference to the high price of bread, the follow-
ing calculations may be interesting, as showing the
position of the London and Paris markets, when in a
more natural state than at present :
In November, 1841, the price of flour of the finest
quality in Paris was 63f. per 159 kilogrammes, which
Is equal to 395. 7d. per sack of 2801 b. English. The
highest price of flour in London at the same period
was 655. the sack ; it therefore follows that flour was
64+ per cent. higher in London than in Paris.
In November, 1841, the price of bread of the first
'quality in Paris was 35c. per kilogramme, which is
equal to 6d. for the 41b. loaf, English weight. The
price charged by the high priced bakers in London
at the same time was 10d. per 41b. loaf; it therefore-
follows that bread was66i per cent. dearer in London
than in Paris.

From this statement it appears that the bakers in
London could at that time manage to make bread at
nearly the same scale of charges and profit as in
Paris ; nearly the whole of the great difference in
price being plainly attributable to the high price of
flour here, which was occasioned by the operation of
our Corn-laws.

Taking another period ;—ln May, 1842, the price
of flour of the finest quality in Paris was 58f. per 159
kilogrammes, which is equal to 365. sd. per sack of
280 lb. English. The highest price of flour at the
same period in London was 575. the sack; it there-
fore follows that flour was 56i per cent. dearer in
London than in Paris.

At the same time, May, 1842, the price of bread of
the first quality in Paris was 33c. pox kilogramme,
which is equal to sid. for the 41b. loaf English
weight. The sum charged at that period by the high
priced bakers in London was 90. per 41b. loaf; it
therefore follows that bread was 69 per cent. dearer
in London than in Paris.

The great difference in the price of bread here and
at Paris must, as in the former case, be ascribed to
the difference in value of the raw material in the two
markets, arising from the effect of our Corn-laws ;
but it is also evident that although flour had fallen
more in proportion in London than in Paris from
November, 1841, to May, 1842, yet that the price of
bread had not declined V here in so great a ratio, it
being in fact proportionably higher here than it was
before.

In the same manner, on comparing May, 1842,
with the present time, although the price of flour here
has fallen so much as to be very little dearer than in
Paris, yet the price of bread has not lowered in the
same proportion.
On the whole, it is evident that the assize of bread
in Paris causes the consumer to obtain the whole be-
nefit of a reduction in the price of flour immediately
on the occurrence of a fall ; whereas here the reduc-
tion is always tardy, and seldom, if ever, equal to the
amount required by the decline in the raw material.