The Sun.
London, England, 1842-07-18 00:00:00

a duty somewhat to contract the issue of notes. If such
shall have been the case, it must be admitted that the curtail-
ment has been judiciously undertaken. But it must again be
noticed, how much more useful the monthly returns of the lia-
bilities and assets woeld be, if some distinction were made, not
as to the nature of the " Securities," but as to the purpose for
which they may have been deposited. A distinction should be
drawn as to whether Exchequer Bills, which can be thrown
upon the Market at any time, shall have been deposited by the
Government with a power to the Bank to use them as its own ;
by private individuals as a security for loans, such bills to be re-
delivered identically when the loan may be repaid; or whether
they may have come into the possession of the Bank, in
consequence of a necessity of contracting or enlarging its issues
as necessity might require.

(From The Sun of Saturday.)
The improved state of the Funds, noticed yesterday, con•
tinues, and though—as is usual on a Saturday—but little busi-
ness has been done, the market wears a firm appearance.
Consols are 90i 90/ for Money, and 91 91/ fur the Account,
15th August; Three per Cents. Reduced, 911 91i; Three-
and-a- Half per Cent.F. Reduced, 1004 ICOi ; New Three-and-
a-Half per Cents., 9.94 99a; India Stock, 249 250; Bank
Stock, 165/ 16614 ; India Bonds, 26 28 ; Exchequer Bills,
Old, 46 49 ; Netv, 43 48 premium.
In Foreign Securities Dutch Two-and-a-Half per Cents.
are 51 51i; the Five per Cents., 101 104; Danish, 81/ 82#;
and Chilian, 84. Mexican is quoted 36/.
The holders of Shares refraining from pressing their stock
on the market, prices are rather better, though the transac-
tions have been few, being limited to Edinburgh and
Glasgow, 4211; the New Shares, 3 ; Midland Counties Quar-
ters, 17/ ; Bristol and Exeter, 41 ; Great Western Halves,
61/ ; Blackwall, 94 ; Brighton, 344 34i.
The quotations for the Bands are— Colombian, 211 21/ ;
Portuguese Five per Cents., 33 ; the Three per Cents., 191;
Spanish Five per Cents., 20/ 21 ; the Three per Cents.,
21

The review of the produce market for the week just past is
highly satisfactory. A good demand has sprung up, and it may
be noted chiefly for the staple articles of consumption with-
out much speculation. Although this was naturally
expected wou?d be the case, in consequence of the long sus-
pension during the agitation of the Tariff question, yet the
business has far exceeded in extent what had been anticipated.
If any proof were requisite of the preferability of free
over restricted trade, it would be found in the tran-
sactions during the last few days. Several descriptions
of produce, which hitherto had been loaded with prohibitory
duties, have not only found purchasers, who had for years
stood aloof, but have actually been cleared for consumption,
for the purpose of being used in manufactures, &c., which the
heavy duty before rendered impossible.
The accounts received of the harvest are highly favourable,
although in some districts it may be expected to be compara-
tively a failure. The conclusion generally come to is, how-
ever, that the crop will be about an average ; and this opinion
is confirmed by the circumstance, that the present duty of eight
shillings is being extensively paid upon the bonded stock.
To these pleasing statements hangs a heavy counterpoise. It
is not often that provincial occurrences attract the attention of
men of business universally, but to-day a prevailing topic of
conversation is the state of the manufacturing districts, the re-
sult of which is looked for with the utmost anxiety and alarm.
PRICES OF IRISH STOCKS, DUBLIN, JULY 14.
3 per Cent. Consols
Three and Half Stock 99i 'Grand Canal Stock ...
Ditto Reduced
Ditto New 1830... 99a Ditto 4 per cent ...
34 per Cent. Debs.
'WINCHESTER STOCK EXCHANGE, JULY 15.—The market
to-day has been steady, with a fair inquiry for stock :—Lan-
caster and Preston Three Quarter Shares, 18 18/ and 18 ;
Lancaster Canals, 26 ; Rochdale ditto, 58; London and Bir-
mingham, 1771 to 1781 ; Manchester and Birmingham, 24/
to 25.