The Sun.
London, England, 1842-12-29 00:00:00

CORN AVERAGES.

UEN ER AI. A VERA OE PRICES OF It CCISH CORN,
eta the Week ended Dee. 24, 1842, made up from the Returns
the Inspectori in the dith,rent Cities and l'uwns in Englano and
Wales, per Imperial Quarter.
Wheat 47, L. Oats 17, • 4d.l Beata lld.
R Mr'

AVERAGES OF THE LAST SIX WEEKS•
Weas ending WHEAT. Et/ARLEY.' OATS. I RVV- BBINg.

Pil t4IL

Nov. 19 ... ..... .

49 8 28 I
49 t;
48 6 27 9
47 3 27 1
4,$ 10 *-6 5
47 , 2 26 5

17 10
17 9
17 9
17
17 's'
17 4

$1 $ 31 6
3! 31 4
28 1 30 11
,295 30 3 3! 3
28 11 1.9 10 32 2
I:,g 5 , !ZS 11 31 2

3........1

17
.....

34 2
7
33, 5

IMPIALIA I. AGGREGATE AVXRAGES OF THX SIX WXIXS
Wheat,........ 43. 211; Oatsßye ...
96:
Pealeßcan rxl
Parley.:l2 101.

DUTIES OW YORTIGN CORN•

Whcat 2O.
°d• I Oats
llirley

LAW INTELLIGENCE.

BANKRUPTCY.-(THIS DAY.).

IN RE R. D. SMYTH.

The bankrupt had been a wholesale chemist and
perfumer, and the amount of his debts and liabilities
exceeded 20,0001, upon which his assets would afford
a dividend of nearly 4s. in the pound.
This day being appointed for the choice of assignees,
Mr. T. Lynar and .Mr. R. Grove were appointed to
accept the trust.

IN RE JAMES lIARDMAN.

A proof of debts having been appointed for this
day, under the fiat against the bankrupt, who carried
on business as a warehouseman and Molchester mer-
chant, a number of creditors, most nf whom were
from Manchester, appeared to tender their proofs.
'The greater number, amounting in the aggregate to
about 9,0001., were admitted without opposition, until
that of Mr. Webb, of Liverpool, was offered, when
the trade assignee opposed it, on the ground of the
bankrupt not having received consideration for it.
It appeared by the examination of the claimant that
he got an acceptance of
.the bankrupt through the
hands of a third party, for 7301., for which it was
alleged no consideration had been received by the
bankrupt, he having merely lent his name to this
person by way of accommodation.
After a lengthened discussion, -the claim was or-
dered to stand over to the next day. of meeting, which
was appointed for the 17th of January.

POLICE INTELLIG EN CE.

GUILDHALL.—(Tms DAY.)

henry SamnaPeters,
Peters, a man cf respectable ap-
pearance, and Louisa Love, a handsome and fashion-
able looking young woman, were placed the bar,
before Sir Chapman Marshall, on a charge of having
last night created a disturbance in the Barley Mow
public-house Salisbury-court, ',Fleet-street ; and the
male prisoner was further charged with having vio-
lently assaulted the landlord. , ..
111 r. Pare stated that he was:Abe-landlord of the
Barley Mow. At 12 o'clock last night the female pri-
soner, who had been drinking at the bar, appeared to be
intoxicated, and became very violent in her conduct.
"Witness observing that. she was a person of re-
spectable appearance, removed her to a private room,
to allow her time to recover her composure. The male
prisoner soon came in, and on stating that he was ac-
quainted with the female, was admitted to see her.
After they had been together some time, witness
heard the female cry out loudly, and a violent alter-
cation then took place •between the parties.
Witness requested they would leave his house.
which he took
with a view
tylihee They
malere sonfusperdi,leiorwehvyer
arm,;theupon
to effect his removal. The prisoner then seized him,
and throwing him down; put his hand under his cravat
was thus assailed
to remove the
hpt ied outside the
some
topethrsroontstlewhhiom.haldVlblieleeawditrniensksing
in the house
parties.came
,iis,haes smi s
at al
en cper, i
saon4 r
, v‘ helpedhea
door, showed as much violence as before, and he was
then given into the custody of a policeman. During
the row some panes of glass had been broken.
. Mr. Charles Prew, a surgeon, residing in Salisbury-
square, stated that he was one of the parties who had
come to the assistance of the landlord.
The prisoner
w
him
in
rmostem removing
t
ntilly; and there was the
greatest e prisoner.
,
Another witness confirmed this statement.
The prisoner Peters said that he and the female had
raesa assaulting
t
difficultybeen for some time living together.
lie denied that
he had given any cause for the attempt of the landlord
to remove him. _ _

sttlieTnafirlooltllinctlehAl Magistrate, he
endent property;
-V.. .........._
stated, that the
were living in Devonshire.
sbtuaAittl that
that l.
lel iipacaltel)lhe '
ciitoioNsnV
fsaartsiaeabcligiluteei
iVsi
prisoner had
said at the station-house, that he was a lieutenant in
the 85th regiment. 1.
Sir C. MAasuALL said, that the assault committed
by the prisoner was one of. a very - serious character.
Ile felt it to be his imperative duty to send the case to
the sessions. The parties should be detained in
custody, until they found bail that they would accord-
iilly appear at the sessions to answer the charge
against them.—The parties were then removed.

BOW-STREET.-(THIS DAY.)
William Sat was charged with stealing a box of
cigars, the property of Mr. Pike, of Bedfordbury.
The prisoner went into the house of the prosecutor

at five o'clock this morning, and asked for a cigar. A
box.was placed before him, and the- prosecutor being
called away at that moment, the prisoner was seen to
take the box out with him.—Committed.
William Munroe, a tailor, was mit to the bar,
charged with stealing a can of milk, the property of
Mr. Mitten, of Denmark-street.
The can had been left at the house of a customer
at seven o'clock this morning, and Shortly after the
prisoner was discovered offering it for sale. Mr.
liutten stated that they were obliged toleave the cans
at the house doors of their customers, and they were
continually losing them. . •
Mr. HALL said it was a great temptation to thieves,
but committed the prisoner to NeWgate for trial.

CLERKEN WELL.—(THIS DA Y.)
Mary Ann "Wright and Caroline, Shelton were
chargat with: disorderly conduct in the Islington
Woilchouse, on the previous night, by Mr. James
Elns, the

[ After a givat deal 'of interrogation, it turned out
that the charge was grounded on the prisoners and
another pauper having quarrelled about some trifling
matter on the previous night, and that the prisoners
asked the other girl to go out to the yard and fight.
Mr. Ellis, the master, deposed that the conduct of
the prisoners was, generally speaking, very bad, and
recounted a series of offences by them, which he
alleged, occurred-Some time back.
They were sentenced to seven days' imprisonment
each, in the House of Correction, which they did not
seem to
,regret.
Two young men named Stanley and Berkeley were
committed for trial for stealing a cloak and shawl
from the ShOp-door 'of Mr. Smith, a haberdasher, re-
siding in Upper-street, Islington.

UNION HALL.—(THIS DAY.)
Thomas Ridout, barman in the service of Mr,
Gurney, licensed victualler in the Walworth•road,
Was charged with robbing his employer.
The 'complainant, haying grounds for suspecting
that he-was robbed to a considerable extent in the
course of his retail trade over the bar, adopted the
following expedient to discover the thief. He marked
several shillings, which he gave to a neighbour of his,.
Who, it was arranged, should make some purchases of
liquor over the bar with the marked money. The
prisoner was the person who served him, and to whom
he paid the marked shillings, and when he was sub
sequently searched some of the money ii-was found i
his possession.

e prisoner said that he should reserve his defence
for his trial, and he was committed.

THE LATE MURDER IN WHITE-
CROSS STREET.

ADJOURNED INQUEST=(THIS DAY.)

The inquest on the body of Thomas Leary was
resumed this morning, at ele‘en o'clock, before Wm.
Baker, Esq., Coroner for the County. The neigh-
bourhood of the Two Brewers public-house, where
the Jury was sitting, was densely crowded, and the
utmost excitement prevailed over the whole district.
The first witness called was Hannah Cotter, who,
being sWorn, said, I am a widow, living with Mea-
ghan, 187, Whitecross-street, as servant. I was at
home all last Sunday, with the exception of a short
time in the morning, when I went out on an errand.
Meaghan went out at three o'clock that day to his
wife's sister's, where a baby was to be chris-
tened. lle was to stand godfather, and his
wife went with him. The sister's name is Regan.
In the evening I went up stairs to make the beds fur
the men, and remained there nearly an hour. On my
return down stairs I saw Catherine Singleton
standing near the door, and the deceased in a stooping
position, with his hand either on the counter or his
knee, I cannot say which. I passed into the back
place with some things, and he said nothing
to me then, but whilst I was in the back, I
'heard him say either "Oh dear!" or "Oh God!"
The door of the shop was open, and I saw a shadow,
bnt whether it was going out or passing in the street
I cannot tell.

By the CORONER—I do not know who gave the
alarm first, and knew of nothing till the crowd came
running in at the door. Mrs. Perry was the first
person who came in, and I saw John Rice come in
after her. I did not say that I could hang two
persons if I told. all 1 knew. I could not
say so, as I know nothing at all about it,
and I would not take a false oath to save my own
father. lam not aware that I said anything to Mrs.
Darby, or to Olive. J. did not see the knife,
till‘l saw it at Worship-street ; but I know it is
Meaghan's own working , knife, wich used al ways to
lie upon the window ledge. I have seen Leary pull
and haul Mrs. Meaghan's sister about. I saw no im-
prtideneies of any sort. I have never seen him
take' liberties with Mrs. Meaghan. 'Leal•y has
lodged with Meaghan for about five years.
I do not know how Leary got into the house, neither.
ito'i know whether Mrs. Aleaghan had returned before
he was stabbed. I saw her after the crowd had
come in, and gave. the child into her arms.-- We did
not speak to each other as the crowd was so great.
The CORONER' said that he had hoped • that some
facts would have been elicited to haVe cleared Cathe-
rine Singleton from the charge at present against her,
and that thou they might have her evidence, but as
far as they had gone that could not be done.
Mr. Henry Bland, tobacconist, 106, Whitecross•
street, sworn—l was standing at my own door about
twenty minutes after ten on Sunday evening, when
my attention was attracted by hearing a scuffling
noise from Meaghan's house opposite. I heard no
voices, and the door suddenly and with violence
opened, and Michael Meaghan, his wife, and another
female, whom I believe to. be Catherine
Singleton came out. I cannot swear to the last per-
son, however, but I can positively to Meaghan and his
wife. I cannot say which came out first ; they seemed
to me to be striving who should get out first, as if
flying from something that alarmed them. The man
went towards Old-street, and the two women in the
direction of Chiswell-street. Meaghan had no hat, and
to the best of my recollection no coat on. I think I
saw one of the women throw a child upon the
counter. They did not shut the door after them.
I have seen the -knife and have no doubt it was the I
instrument with which the wound had been effected.
Leary was alive when I went in, but was unable to
speak, and died shortly afterwards.
By a Juror—Heard no expresSions from the three
who came out of the house first. Heard Rice say to
the woman, Cutter, she must know all about it.

[The inquest had not concluded When the Paper
went to press.]

CHARGE or Wirxur. MURDER.—Yesterday infor-
mation was forwarded to Bow-street, and thence
to the various metropolitan and city polic2-offices
and stations, that a man, named James Crowley,
of Warwickshire, stood charged with having
committed wilful murder on
.Christinas-day last ;
the full particulars of which, however, were not
appended to the informeion. Crowley is described
as follows, viz.:-5 feet 9 inches high, stout made, has
a mark or seam over one of his eyebrows, good-
looking, and of gentlemanly appearance, and when last
seen was dressed in a dark cloth coat, black shining boots,
and leather leggings. After committing the murder,
he absconded, taking with him a horse of the follow-
ing description :—A bright bay, switch tail, nearly
thorough bred, one hip down, black legs, ewe necked,
and about fifteen hands one inch high. A reward of
201. will be paid for the apprehension of the murderer,,
oil application to Mr. B. Johnson, churchwarden,
Spernal, Warwickshire.
A biography of the late King of Prussia, Frederick
William 111., is announced by a Berlin journal. it
is written by the Protestant Bishop, Dr. Eylert, who
during his late Majesty's life was at the head of that
Church, and admitted to close intimacy with his So-
vereign. Dr. Eylert gives some details of the visit of
the Dukes of Orleans and Nemours to Berlin, and
among others relates the following anecdote :—" When
the French Princes came to take leave of the King,
the Duke of Orleans several times made an attempt
to kiss his Majesty's hand, but Frederick William
would not admit him to pay this mark of homage.
The Duke then earnestly entreated him to accept it,
saying that the King of the French had expressly, on
his leaving Paris, commanded him to kiss the hand of
the Sovereign who had, during twenty years, main-
tained pence in France. Upon this, the King of
Prussia not only gave his hand to be kissed by the
Duke of Orleans, but, at the same time, embraced him
cordially."
A paragraph which, we believe, originated in the
imagination of the London correspondent of a Scotch
paper, has been so generally circulated, and so
confidently reproduced in various forms, that it may
be as well to give it the flat contradiction it deserves.
The report stated that the increasing infirmities of
the Duke of Wellington, in addition to the cares of
his new office as Commander-in-Chief, had induced
that venerable statesman to declare his intention of
not resuming the leadership of the House of Lords,
and that it was proposed to supply the place of the
Noble Duke by immediately calling Lord Stanley to
the Upper house. It was insinuated that this
course was objected to by some members of the
Cabinet, and that Lord Aberdeen, especially, would
dispute with Lord Stanley the honour of being the
mouth-piece of the Government among the Peers.
We are enabled to state that the Duke of Wellington
will, in the approaching Parliament, as in the last,
act as the leader of the Upper House, and that no
intention exists, or has ever existed, of anticipating
.Lord Stanley's elevation to the peerage by the
ordinary process of succession.—Times.
The &Wine& of Bayonne publishes a notice from
the British Consul, that the British Government,
having been informed that several inhabitants of Biar-
rits had, at the peril of their own lives, saved the crcw
of an English schooner wrecked in the night of the
24th of October, had sent 300 francs to be distributed
among„those brave men ; to which the Lloyd's Com-
, mittee had added 300 francs more.

SPARRING.
THE CHAMPION OF ENGLAND AND THE
AMERICAN
.GIANT.
• •
Last evening, Caunt, the pugilist, who assumes the
title of "Champion of England," simply because, in
the present degrinled state-of the " Ring," there is no
member of the fraternity who could be relied on to
fight out an honest battle for the distinction—took a
benefit by an exhibition of sparring—at the National
Baths, Westminster Bridge••road. We believe the
principal object of the exhibition was, to give the ad-
mirers of this branch of athletics an opportunity of
seeing, foot to foot, in the same arena, the two largest
men that ever stood opposed to each other in the pugi-
listic ring in England, with or without the gloves.
On the present occasion, the great swimming
bath of this extensive building was drained, and
converted into a commodious theatre, with a respect-
able tier of boxes upon each side, the more select of
which were occupied by a number of military, titled,
and otherwise distinguished patrons of the art. There j
were altogether about 2,500 persons present; and•
whatever may be known of some part of the company to
those whose duty it is to look out for suspicious charac-
ters, to our inexperienced eyes the appearanCeof the as-
semblage in the pit, the cheapest and least fashionable
quarter, was extremely decent, and the conduct
throughout particularly quiet and orderly.
After a great number of pugilists of minor note
had set to, with infinitely varied skill and spirit,
some being rewarded with vehement applause and
abundant showers of copper and silver coin, whilst
others (but few certainly) were hooted off for clumsi-
ness and slinking, the two great men mounted the
stage. They were of course 'greeted in a very en-
thusiastic manner; nor, indeed,•was -it possible to look
upon two such fine forms without admiration. They
were stripped to the waist, as in the real fight, and
wore light breeches and stockings, and what are called
high-low shoes. Caunt wore the belt of the Champion
of England, and Freeman, the giant's, waist
was encircled with a star-studded belt, em-
blematic, of course, of his assumed character of
American champion. The - best idea we could sug-
gest of Caunt's appearance would be a figure between
the Antinous and the llercules. .The mini seems to
about • twenty-six or twenty-eight years of age, with
a countenance of a somewhat military character
(which is aided by the formal cut of his whiskers),
but a very animated and good-humoured expression.
He is six feet three inches high, with a development
of form, in every outline and proportion a model for
the statuary. Although he cannot weigh less
than fourteen stone in what is called fighting con-
dition, his movements are as quick, light, and
gradeful, as those of the best harlequin. The Ame-
rican Giant, who stands the enormous height of six
feet eleven inches, and is about twenty-four years of
age, seemed to have the advantage over his opponent
chiefly in height; for although Freeman's figure
would be pronounced almost faultless in its
proportions, yet, in some points, his develop-
ment is inferior to that •of Count. The deltoid

muscles of the latter are much fuller in proportion,
and give a robustness to the upper part of the figure,
more in keeping with the greatness of the rest. In
Freeman, the shoulder slopes off from the neck,
which gives some appearance of slenderness- to that
portion of the body. They set to with great spirit,
displaying science, quickness, and steadiness -of
the highest order. It is quite absurd to say that
Freeman is deficient of science, and that he owes his

invincibility to the length of reach. In fact, his
strength is such, that a well meant blow from him
would put an end to the contest with any man living.
But his length did not prevent Caunt from getting at
him—and giving some heavy facers too; which were
very handsomely returned. It was plain, indeed,
that neither of them -put out his strength; and
till.; was as it always should be in such mere
trials of skill. It takes away all that could be of in-
terest in the exhibition, to see two fellows (as most of
the young ones here last night) thumping away for
the very life, to try how much mischief could be done
with the gloves on. But it would be great injustice
to the champions to say that they trifled. It was no
such thing. They sparred in a spirited, manly way,
each bringing out to the best of his powers all the
science his opponent was master of. powers all the
science his opponent was master of. Ihey were ap-
plauded most enthusiastically.
Just before Freeman stripped to enter the ring he
threw a somerset with his boots on, swinging his body
by the hands from the rails. His weight is said to
be 18 stone. I
It is said that attempts have been made to induce
these men to make a match, but that in consequence
of some relationship between them, they will not fight.
It is quite clear if they do, and fight honestly, neither
Caunt's strength nor science will avail—one blow from
Freeman would decide the matter, and that blow he
can give. It is no less clear that his battles with Perry
were protracted more by his mercy than by the
slinking tactics of the " Slasher."

ALARMING ACCIDENT ON TILE LONDON AND

BRIGHTON RAILWAY.:—BRIGHTON, WEDNESDAY.—
Yesterday morning, about a quarter before twelve,
an alarming accident occurred on the Shoreham
branch of the London and Brighton Railway. It
appears that the train was proceeding to Shoreham
drawn by an engine called " The Brighton."
Shortly after passing the Hove Station, about
two miles from Brighton, several of the tubes
of the engine burst with a loud report. A number
of persons were immediately attracted to the
spot, when it was found that the engine-driver, named
William Cavan, was most severely scalded on the legs
and abdomen. The stoker and Mr. Meredith, one of
the chief engineers to the Company, who happened to
be on the tender at the time, miraculously escaped
unhurt. The connecting-rods and other parts of the
machinery were found by the policeman stationed at
Hove, at a considerable distance from the spot where
the accident occurred. Althou4h Cavan is severely
scalded, it is expected he will in a short time be able
to resume his duty. •
SINGULAR ACCIDENT.—OH Monday last a singular
accident happened to a child two years of age, son of
Mr. Avery, a miller, residing at Summer's-hill,
Warbleton, Sussex. The infant was left in a room for
a few minutes, when he took up a small penknife, left
open in a chair, and inflicted a dreadful cut in his
abdomen, from which the bowels protruded. Medical
assistance was immediately procured, and the wound
sewed up, and hopes are entertained that the little
sufferer may recover.
Thirteen families have been throWn on the parish
of St. James's, Clerkenwell, for support, within the
last few days, in consequence of the male parents
having deserted them. The authorities of the parish
have offered a reward of thirteen guineas for the ap-
prehension of the deserters, some of whom were trades-
men
in comfortable circumstances.

A funeral proceision was proceeding, last week, to
the cemetery of Loy arse, near Lyons, when suddenly
a herd of oxen came in -view. One of them broke
away, and dashed forward into the midst of the
mourning train. The ertfans de chceur and the priests
attempted to seek for safety in flight, but the animal
did not give them time to execute their purpose. One
of the priests was knocked down, several of the boys
trampled on, the coffin thrown to the ground, and all
put in confusion. After a time all were placed on
their legs again, and some precautions being taken in
letting the herd pass, the procession proceeded to its
destination.

COVENT-GARDEN SA.VINGS RANIC.—At the last
meeting of The governors of this bank the following
balance-sheet was laid before them, including the,
accounts to the last month :—lleceipts in the gross
35,325/. 12s. 4d.; deposits for the past year, 6,8221.
135.; repaid, 7,7291. Is. Bd.; interest added, 890/. Os.
6d. • due to depositors, 27,596/. 12s. 4d.; invested
with the Commissioners of the National Debt,
27,531/. 17s. ad. ; with the bankers, 243/ ss. 9d. At
the close of 1841 the sum of 27,6121. 19s. 3d. was due
to the depositors, making a difference of :16/. 9s. 7d.
between the years 1841 and 1842. • The bank is
opened chiefly for the benefit of the market-gardeners
and others whose pursuits connect them with Covent-
garden.
TAlLoits' BENEVOLENT
,INsmuitoN.—A meeting
of the Committee of this Institution entrusted with
the disposal ofa balance remaining in the hands of the
treasurer, since the strike in 1834, was held yesterday,
at the offices in Sackville-street, when it was agreed
that the said balance should be applied towards the
support of the alms-houses_in connexion with the In-
stitution.

THE MODEL PRISON, PRNTONVILLE.—The dietary
rules ard regulations for the government of this cri-
minal establishment having at length received the ap-
proval
of the Secretary of State, it is now definitively
settled that the prison shall .:be tenanted by the pri.
soners who may be convicted of felony, and receive
the sentence of seven years' transportation at the
ensuing Epiphany
Sessions, which' commence gene-
rally throughout the country at the beginning of next
week. By the rules of the prison the terms of captivity
will extend from two to three years, but this will in a
great measure depend upon the condnct of the convict,
for in case of refractory behaviour he will be at once
removed from Pentonville to the hulks, to undergo
the full term of his sentence. The convicts will be
employed in various useful trades, for which purpose
each cell is provided with gas, which is so arranged
as to afford a good and sufficient light. The hours
of labour are from six in the morning until nine in
the evening in summer, and from seven until eight in
winter. The convict dress is dark grey, with the
letters " P.P." embroidered in red on the collar. A
county gaol upon the same plan as the Model Prison
is forthwith to be erected at Reading, and a similar
one at Gloucester, whilst a third is now nearly ready
for occupation at Bath.
WIT IN Humni.}.l LIFE.--A lady nxious to get
the sure direction. to a particular pine- asked a cab-
man, her best way, and was answered, " Why, ma, an:,,
I thinlethe best way is to take a cab."
The Marquis of Sligo's health is nearly re-establish-
ed. His Lordship ta?:es the air daily in the vicinity
_PITT TT

MONEY MARKET and CITY NEWS,
FROM THE MORNING PAPERS OF THIS DAY.
CITY, WEDNESDAY EVENIN.4.---
CHRONICLE—Various schemes are-on the tapis
at present with the view- of.improving the value of
Spanish Bonds, by giving. security to the holders of
the Three-per- Cent. Stock, issued in exchange for the
Coupons of the Active Debt, that their interests will
be regularly paid for a series of years. We are dis-
posed to look favourably. on these schemes, so far as
they may be calculated to confer substantial advan-
tages on. the holders of Spanish securities, and in
far as they may assist the Spanish Minister of Fi-
nance in effecting a comprehensive scheme of settle-
ment, by converting the whole of the Active Debt
into a stock of less denomination, but which may be
a denomination of interest that the finances of Spain
can afford, and which may be regularly paid when
due. We believe that a general consolidation of the
whole foreign debt of Spain into a stock bearing 3
per cent. interest would be generally acquiesced in
by the English: bondholders, provided due security
were given that this reduced rate of interest would
be, duly paid from a date to be fixed, and that date
not a distant one. Entertaining that opinion, we
look forward to. the revision of the Spanish
tariffs, and a commercial treaty with England,
as the first great step to be adopted by Spain as a-
inea:is of restoring her credit by the suppression -of
contraband, and the great increase which would thus
be obtained in the department of her revenues- of
customs. All other means can be little better than
stop-gaps, while that great one is untried, and should
not be allowed to interfere with the success of .the
treaty proposed by Lord Clarendon, now, we trust,
far advanced to maturity. The anticipated dissolution
of the Cortes may perhaps cause delay in the final
arrangement of this important treaty; but it is plain
that there is no other way by which the resources of
Spain can be successfully developed so as to raise her
revenue to meet the expenditure, and we therefore
trust that the Cortes will be possessed of sufficient
patriotism to carry it into speedy execution. If Eng-
lish cottons were admitted into Spanish ports at a
moderate import duty, the revenues of Spain would
soon be immensely increased, and M. Calatrava, or
whoever else may be Alinister of Finance at Madrid,
would be enabled to place the credit of the Spanish
nation on a sound and satisfactory basis.
TIMES.—Some printed papers have fallen under
our observation relating to the affairs of the Gloces-
.
tershire Banking Company, which are worthy of no-
tice as exhibiting a degree k
of prosperity probly
without parallel in any her part of the kingdom, and
the More remarkable, as banking profits genfrally
have notoriously undergone a great diminution in the
course of the last 12 or 18 months. From these do-
cuments it appears that, at the meeting of share- -
holders held on the 10th of August last, the Guaran-
tee Fund then ainounted to 68,000/., after providing
for the dividends of 20s. each share due at Christmas,
1841, and a dividend of 15s. each share then pro-
posed, being 355. each share, on 10/. paid ; and, con-
sequently 171 per cent. for the year ending June,
1842. As it appears further, that the Guarantee
Fund has been increased since 1840 from 30,0001.-to
68,000/., and, aS these sums must necessarily be de- -
rived oho from the profits of the coneern, they may
be estimated in the whole perhaps at 30 or 40 per
cent. This bank has always enjoyed, and probably
deserved, the highest degree of credit, but- this sub-
ject is worth some investigation by the shareholders,
and all other bankers would, no doubt be gratified by
some information how these enormous returns are
produced.
The Gloucestershire Bank, it appears, after availing
themselves for some years of the facilities afforded in
circulating Bank of England notes, have decided to
return to the issue of notes of their own.
Some of the clauses of the deed of settlement of
this Banking Company are of a very stringent nature,
and seem to remove the Managing Directors from
nearly all control by the Shareholders. They de-
clare themselves, for example, to hold their shares
" subject to the covenants, provisions, conditions," &c., in
the deed of 1831, or which may be contained in any
and every " supplemental or future subsisting deed
of settlement." Hence it follows, that in proportion
to the trust and responsibility devolving. upon the
Managing Directors, is the necessity for explanation
in matters which militate against the experience of
monied men in regard to banking affairs generally.
SUN.—Our Consol market continues to look good,
and the latest quotation this afternoon was 934 buyers.
The transactions, however, were not extensive. Ex-
chequer Bills brought 535. to 555. preMium; and
India Bonds 475..t0 495. prem. Reduced Three-and-
a-llalf per Cents. were 101* to 1011.
There was an increase of activity in the Foreign
Securities after two o'clock, and the quotations exhi-
bited some buoyancy. We must except Spanish,
however, as those did not doge quite so good. Portu-
guese New Five per Cents. remained firm at 401, and
the Three per Cents. were. 24 to 24*. Mexican
improved to 313 and 321. Colombian Stock was at
211; Brazilian at 71 to 714; and Chilian at 75 to 76,
being an advance again in the latter. French Five
per Cents. brought 118 E 50e. to 118 f 75c.; and the
Dutch Two-and-a-I fall per Cents. 03. The • Five per
Cent. Spanish Bonds left off at 183, and the Three
per Cents. at 241.
The market -fbr Shares is without a feature, there
being very very few parties at present either buyers
or sellers. Great Western, New, were 14, and Man-
chester and Leeds, 2 prem. Bristol and Exeter were
91:k. Midland Counties 39, and Brighton 131 discount.
Paris and Rouen were 6 prem. British North Ame-
rican Bank Shares were 7 discount, London and
Westminster I*, and Union of Australia 7 prem.