The Sun.
London, England, 1842-01-21 00:00:00

MONEY MARKET and CITY NEWS

FROM THE MORNING PAPERS OF THIS DAY.
CHRONICLE.—me Commissioners appointed to
examine into the way in which business has been con-
ducted in the Exchequer Bill department, and to pro-
vide a remedy against frauds in future, are busily en-
gaged, we hear, in their investigation, and have had
some of the holders of the spurious or impounded paper
under examination. Their proceedings are conductedri
with great secrecy. They carry on • their labours -with
as much mystery as if they.were engaged in illicit prat=
tices themselves. We must admit, however, that their
examinations are properly enough conducted in private;
but we see no- reason why the parties examined should
consider themselves obliged to keep all to themselves.
We can account for their quietness only in one way,
which is, that the line of examination pursued by the
Commissioners has been of a searching, comprehensive,
and satisfactory character, bringing home to the minds
of those before them a conviction that they intended to
present a complete and full report of all the facts and
circumstances of the case, so as to bring out with no
reserve the clear and bona fide character of the transac-
tions under which the innocent holders advanced their
money on the impounded bills thus' leaving no particle
of doubt in the minds of Parliament and of the public,
of the entire equity and perfect justice of their case. The
present calm which, on the near approach of the meeting
of Parliament, has succeeded to the endless articles
which daily graced the columns of our Contemporaries
for a series of weeks on this subject is certainly remarkable.
HE R ALD.— A. morning paper (the Chronicle) has
thought proper to state, and the statement has been re-
iterated with more confidence still by its Radical evening
double, that " the East India Company, having to make
a large contract of cloth for' its troops (we have heard
to as large an amount as 700,0001.) has given the order
to Belgian or Prussian manufacturers, because it can get
cloth from them 15 per cent. cheaper than from English
manufacturers." This statement is pretty much upon a
par with the " rough ice "• rubbish of a story which the
Globe invented one day, for the sake of swallowing its
own foolish falsehoods the next. The falsehood, for
such it doubtless is, in the one case as in the other, will,
however serve the turn for the 'time calculated, that is
for the full twcnty-four hours' start which it will have
uneontradictedi in the country, where at Anti-Corn-law
meetings it cannot fail to be in the more extraordinary
request, as all the 'standing old fallacies are worn down
to the stumps.
SUN.—No intimation hiti:been given during the day of
' any intention on the part of the Spanish Commissioner
arrived here to advertise the payment of the dividends,
but some notice of the kind is generally looked for.
The Brighton Railway Proprietors had a very long
and stormy meeting to day, and did not appear very well
satisfied with the statements made by the Directors.
The English Funds were godd. Consols, however, did
not leave off at the highest point of the day, being
marked 89+ to 8911 sellers for present transfer, and 891
buyers for the 24th of February. The Unfunded Debt
was firmly supported at 16s. to 18s. premium. Bank
Stock was worth 1671, and all the heavy securities main-
tained the previous range.
The speculative market for Foreign Stocks was quite
at a discount, even Spanish being unheeded and flat..
The Actives Were 241 to 25. Mexican Bonds were better
than the other Foreign Securities, being 294.
The Brighton Railway Shares gave way when it was
found that so much more money was required. They
left off at 13 discount ; Birmingham were 79i ; and
South Western 19i premium. 'Brazilian Imperial Mining
Shares were 13 discount.

WOOLWICH.-THURSDAY.

EVENING SUN

ro
PRSENTATION OF TWO n—tA
of
MEDALS BY MS MAJESTY THE KIN" 1..
THE FRENCH TO TWO CAPTAINS OF P
TISH VESSELS.
The following letters have been received at Lloyd's
17, 1842'
SIR,—My Lords Commissioners Adnlirulty
having received through her Majesty's Secretary a Stttkg
for. Foreign Affairs two Gold Medal's which have b
conf,Tred by his Majesty the King of the French uP°:.
Aclmiraltoyi Jtahlei.
II
Captain Sharp and Captain Ward, Masters of the Ps,
tish merchant vessels the Clifford and the Mysore, te
timony of the services rendered by them to the Freaneo
frigate Magicienne, which was wrecked in the Chubf
sea on the 29th November, 1840, I am commanded id
their Lordships to transmit to u, herewith the said
medals, and to request that the Committeeo for maLq.,,,,i
the affairs of Lloyd's will cause them to be forest.'"
to Captains Sharp and Ward respectively, and the r!,-,
ceipt of them acknowledged. It is stated that CaPrc,al
Sharp's address may be found at Messrs. Pirie and '1"
71, Cornhill, but that of Captain Ward is not line"'
-I am, Sir, your obedient servant, • FRS
To the Secretary, Lloyd's. SIDNEY HERB
j%-dmyi
,
of the Admiralty, to transmit to you a copy of afrom the Minister of the United States of Americas
ceived from her Majesty's Secretary of State for Fer' fc.-a
rLaol t
Lords
Janc ornl
11 41,
slsBi
SIR,—I am commanded bm re
Affairs, expressing the sense entertained by the
.Amerl'll - 0
Government of the cervices of Captain Staall)4,,
of the English brig Rover, in rescuing eleven or, `,,f
crew of the Mary Anne, of New York, on the 251'1„-a
August last, when she foundered off Sardinia. l''"g
their Lordships request that the Committee for manngrr,
the affairs of Lloyd's, will cause the same to be l'f)"1.,
warded to Captain Stamp of the Rover.—l am S
your most obedient servant, SIDNEY HERBEAw
To the Secretary at Lloyd's.
(Copy.) ter
The undersigned Envoy Extraordinar and Minister
Plenipotentiary of the United States of America haste`
'aonour to inform the Earl of Aberdeen, &c., that a leg,
has been received at this Legation, through the Anlftpriti
can Legation at Madrid, from the Consul of the ITIID`a
States at Malaga, containing information of the resew'
from imminent death of eleven persons of the shi Pof
company of the American vessel Mary Anne' Atii
New York, foundered off Sardinia • on- the
of August. • This noble act was performed "..;
Capt. Stamp, of the English brig Rover, bound ,
e Ts;
Smyrna to Cork, with imminent danger to his own'v fe.
at the time, and great subsequent inconvenience. "df
presentation of captain Stain 's generous act has alrfa.,
been made to the Government of the United Stateo ud
the Consul at Malaga, and the American citizens at qi!,
place have endeavoured to convey to Captain- Stamp, in
proper way, their sense of his humanity. The
•
signed feels it not the less his duty to seize thrishe ui
opPeldrelli°
pity, on behalf of his Government and count °Li;
press the. feelings of admiration and gratitude with n'ic,
he contemplates the behaviour of Captain Stamp, ali„oe,
bring it, in the most favourable manner, -to the know
of her Majesty's Goiernment.
(Signed) EDWARD EvEREV•
Legation of the United States, Dec. 21, 1841.

INSOLVENT DEBTORS' COwvitT
AND ,g ITS PRACTITIONERS. pof
Within the last few days the qalifications of sole
.the " practitioners" of the Insolvent Debtors' Court ":00
been before the public, in the investigation of a Pern
before Mr. Commissioner Bowen, who had ,4 acted Coati
Qeveral cases to bring the insolvents before the C°„"..3,
The subject has been under consideration for many Yeil rio
and rules have been adopted by the Court to prevent
0)
business of " agents," which was formerly curried on
a great extent. Some years ago it was a very eolnin°l
occurrence for several 6, clerks' to answer for an attorn-t,
as the cases were called on, and it was feared that ti!eiv
in fact employed the attorney on the schedules, gi/I°o
a certain " fee" for using his name. A short time
in‘
n,.t00
it was elicited that a " clerk" who had acted in e r
which had been sadly neglected, had been an auctionl'a
and a tailor. He had taken the benefit of the Act,. 7:4.
was remanded for " eight months." The Cornruissl° ;0
,old him he was a most improper person to interfere tt",
the cases of insolvents, and ordered no more paper9oll
be received in the office from the same individual. ,
the following day the Commissioner said he had bg'°
him " four" schedules of the same person. The C,°,rt
.°
investigated the conduct of the attorney, who decille,
that he was the actual party, and had sot lent his ualee,
The Court eventually ordered him to complete the ebi,
glected cases, telling him his future position to
Court depended on the manner in which he conclue'rt,
himself. The " clerk" was dismissed from the COI)
and the attorneys were warned against employing hid'
He was told that if it had been proved he had Rote in the
name of the attorney he would have been sent to Nelvgl.