The Sun.
London, England, 1842-09-05 00:00:00

THE SUN, LONDON, MONDAY EVENING, SEPTEMBER 5, 1842.

RONEY .31ARKET and CITY NEWS.
CITY, SATURDAY EVENING.
FROM THE MORNING PAPERS OF THIS DAY.
CHRONICLE.—The accounts from the Indus
read much better than the "decimation by disease
and death," alluded to in the French telegraphic
despatch ; but the lamentable indecision of the Go-
vernor-General is viewed as a bad omen, and the
arrival of the next Overland Mail will be watched
for with unprecedented anxiety. We never could
bring ourselves to look upon the appointment of Lord
Ellenborough in any other light than as a national
misfortune, and we fear that our opinion may not
only be verified, but that it will turn out in the end
to be attended with national disgrace. Great fears
are at least entertained in the City that such will be
the result of placing him in the high position which
he holds as Governor of British India, and we only
trust that his blunders may not be beyond the reach
of reparation before means are taken to prevent him
doing further:mischief. Under an impression that
vigorous measures will be adopted to repair past dis-
asters, and that the government of India will be
placed in efficient hands, the funds have been very
little influenced by the news received to-day.
Another firm of long standing has to be added to-
day to the list of victims who have been broken on
the wheel of Sir Robert Peel's "new sliding scale ;"
the house of T. W. Smith and Co. having been ob-
liged to suspend payments, chiefly on account of spe-
culations in foreign wheat.
SUN.—On this day of the week but little business is
ordinarily going forward in the Funds, and to-day the
extent of it has been more then ordinarily limited.
Consols left off at 928 for Maley, and 93 buyers for
the Account. India Stock, 248 250 ; Exchequer Bills,
Old, 51 53 : New, 49 51 premium.
Prices of Foreign Securities remain nominally as
they were yesterday, but nothing was done. It is to
be noticed that some Chilian Bonds were sold at 91*.
This fact is the more deserving of attention on ac-
count of the small number offering, and from that
circumstance, there being no regular market for
them, much advantage frequently taken unduly
to depress prices upon sellers, and to raise on buyers,
the jobber pocketing the difference.
Some further sales of Mexican were forced this
morning, and the quotation declined to 34i. for Money
and 35* for the Account. These are solely to be at-
tributed to the operations of a certain party who is
deeply interested in a rise in the corn markets, and
who has preferred to sell these Bonds to support a rise
in the latter commodity to submitting to a loss in it.
The principal business in the Share Market was an
advance in the rates of Brighton Shares, consequent
upon the improved receipts, and the announce-
ment that monthly tickets were about to be
issued. This latter is thought to be grand
step towards a better system of management
in all establishments of this description, inas•
much as it induces more frequent travelling than would
otherwise be undertaken. In this particular instance,
it is said that the charges might be reduced beyond
what it is at present contemplated, and with benefit
to the shareholders, and at the same time members of
a family or a nominee should be allowed to partici-
pate in the tickets, in order to secure the purchase of
a larger number ; inasmuch as may frequently occur
that an invalid merchant may frequently require
the presence of a confidential clerk in prefer-
ence to coming to London himself. The price:
at the close of the business were, London and Bir-
mingham, 185 187 ; Birmingham and Gloucester,
42 44 ; Great Western, 821 83*; the Half Shares,
65 65*; South 'Western, 5K 60 ; North Midland, 56
58 ; and the New Shares, 65 651, ex div.; South Eastern
and Dover, 21i 22* ; Eastern Counties, 81 :
Northern and Eastern, 37* 38*; Blackwall, 71 8 :
and Brighton, 33 33k per share.
The quotations of the Bonds were—Peruvian,
15 16 ; Colombian, 20i 20k; Portuguese Five per
Cents., 344 3.1 ; the Threa per Cents., 201 21 ;
Spanish Five per Cents. l 6 161; and the Three per
Cents. Stock 20* 204.
This has been the fourth of the month, and an
unusually heavy day arising from it, being one of the
quarters of the year, and such bills as might fall due
upon the fifth being payable to-day. As far as general
business has been concerned it has passed off remark-
ably well ; it has, however, to be announced, that a
serious failure has taken place. Fewer houses in the
City have had a higher reputation than this, arising as
much from the almost proverbial caution of the part-
ners, as from knowledge that speculation formed no
part of their business, it being exclusively confined to
legitimate agency. Al unfortunate reliance upon par-
ties who have failedfrom observing similar precautions
has led to this result, but which it is expected will not
prove ultimately of any serious consequence.
The items comprising the fluctuation in the circu-
lation of the United Kingdom, comparing the present
with the last, are as follows :

ENGLAND.

Bank of, Nov * 20,351,000
Last time

Increase
Private Banks, Now £ 5,150,628
Last time 5,166,581

Decrease 15,953
Joint Stock Banks, Now
Last time

Decrease
132,053

Increase in England 310,94
SCOTLAND.

Private and Joint Stock Banks—
Now £2,674,835
Last time 2,715,680

Decrease

IRELAND.
Bank of Ireland, Now
Last time

Decrease - 61,825
Privateand Jonit Stock Banks, Now £1,632,617
Last time 1,680,987

48,370

Decrease in Ireland..

109,395

Decrease in Scotland and Ireland 10,24C

Increase in the kingdom 160,70f
The total circulation of the Kingdom at the two pe-
riods stands thus :

England, now... £28,324, 718...La5t time....£28,023,776
Scotland, now 2,674,835...La5t time... 2,715,620
Ireland, now

£35,463,920

.£35,303,219

BANKRUPT GAMBLERS.—For the edification cf
these gentlemen, we give the following clause in the New
Bankruptcy Act, which comes into operation next No-
vember : No bankrupt shall be entitled to the certi-
ficate under this Act, and any such certificate, if ob-
tained, shall be void if such bankrupt shall have lost b
any sort of gaming or wagering in one (lay twenty pound,;
or within one year next preceding his bankruptcy have
lost 2001. by any contract for the purchase or sale of any ,
Government or other stock, where such contract was not
performed within one week after the contract, or where
the stock bought or sold was not actually transferred or
delivered in pursuance of such contract."
A curious custom prevails among the Solonais, in
the department of Orleans, when a young couple marry
without the means of commencing housekeeping, as is
ordinarily the case, the contributions of the neighbour-
hood being always forthcoming to supply the deficiency.
The mode of collection is whimsical enough. Five
young peasant girls, dressed in their best costume de fete,
proceed to make the quete among the assembled com-
pany, which consists of nearly the entire population of
the parish. Their operations are thus conducted :—The
first girl holds a distaff and spindle in her hands, which
she presents in turn to the company, while she sings—
" L'epousee a bien quenouille et fuseau,
Mais de chauvre, helas ! pas un echevau !
Pourra-t-etle done filer son trousseau !"
The second damsel receives the offerings produced by
this appeal in the husband's drinking cup ; the third acts
the part of Hebe, and pours out a draught of wine,
which she offers to each contributor to the store ; and
the fourth carries a napkin, with which she wipes the
mouth of the guest after his draught ; and thus prepared
the way for the performance of the duty entrusted to the
fifth—always the prettiest of the party—that of rewards
ing him for his generosity with a kiss.
SUICIDE OF A MAN AGED 92.—Yesterday, John
Nicholson, who resided with his son and daughter-in-
law in Queen-street, Webber-street, Lambeth, destroyed
himself under the following circumstances :—lt appeared
that on the deceased not appearing at the breakfast table
yesterday morning, the son went to his bed-room, when
he discovered his aged parent weltering in blood, and his
throat cut from ear to ear. In his right hand was the
razor with which he committed the dreadful act. Mr.
Adcock, a surgeon, of Short-street, New Cut, instantly
attended the case, but the deceased had ceased to exist
many hours before the discovery. It is stated that the
deceased was in great dread of ultimately being obliged
to apply to his parish in the country, which no doubt
greatly affected his mind, and caused him to destroy
himself.

An inquest was held lately before Mr. Chapman,
the Borough Coroner of Manchester, on the body of a
child under one year old, which had been entered by its
parents in no less than six burial clubs, for which they
would receive the sum of 34L 3s. Another child had
died about twelve months ago, for which nearly a similar
sum had been obtained from different burial clubs, and
what rendered the matter more striking and suspicious,
was the statement made at the inquest, that not less than
seven children of the family had died
. under the age of
18 months. The jury, after some deliberation, returned
a verdict that the child died for the want of proper
nourishment, but how death was caused they knew not.
It seems to be understood that Mr. Phillips, Under-
Secretary of State for the Home Department, is about
to retire from his of and that his successor is to be
Mr. Gregson. Mr. Gregson has long enjoyed the per-
sonal intimacy of Sir IL Peel, and is known to have been
his principal agent in preparing his Bills for his Conso-
lidation of the Criminal Laws when the Right Hon. Ba-
ronet presided over the Home Department.

-
'
p , Sl/4-11,4*
441#

published in the Semaphore of Marseilles, has the fol-
lowing intelligence : The Druses, whom Omer
Pacha had secretly supplied with arms, in order to
enable them again to attack the Christians, are ready
to renew their recent cruelties : but we are happy to
believe that the presence of the French men-of-war
on the coast ofziyria will defeat all these fatal projects. "
" Madrid journals of the 27th contain no political
news ; but they inform us that the Eco del Commer-
do, the oldest of the Madrid political journals, the
most ardent advocate of the movement party, has
changed its proprietors and editors. The editor com-
municates this unexpected change in its number of
the 27th. The new proprietors and editors declare that
they mean to defend general interests, not those of any
body in the State, or any party or person in particu-
lar."-- Commerce.
BOURSE---PARIS, SATURDAY, SEPT. 3.
First Highest Lowest Last
Price. Price. Price. Price.
French 5 per Cents 120 40... 120 50... 120 40... 120 50
3 per Cents 79 50... 79 55... 79 50... 79 50
Bank of France 3255 ...3255 ...3255 .. 3255
Latlitte Bank I,ooof 1035 ..1035 ...1035 ...1035
5,000 f 5042 50...5042 50...5042 50...5042 50
Belgian Bank 7BO ... 780 ... 780 ... 780
Belgian Fives 1840 lo4* ... 1044 104* ... 1044
Spanish Active ......
Passive
Portuguese Fives
Roman
RAILWAY SHARES,
St. Germain 845 ... 845 ... 845 ... 845
Versailles, L.B 93 75... 93 75... 92 50... 93 75
Rouen
, Orleans. 575 ... 575 ... 575 ... 575
Strasburg to Bale 202 50... 202 50... 202 50... 202 50

SUMMARY OF NEWS

AND
eptutolt.

" Who runs may read.'

FOREIGLT.

There is nothing of real interest in the leading
articles of the Paris Journals. The Courrier Francais,
in a notice of the last news from India, expresses an
opinion that the power of England in that quarter of
the world, having reached its apogee, is now in its
decline.

The Univers announces that Pope Gregory XVI.
had sent to Mr. O'Connell a splendid cross and gold
medal. M. Cullen, the Director of the Irish College
in Rome, now on his way. to Ireland, had been
charo,ed to present to Mr. O'Connell those gifts of the
Holy Father.
An official return has just been published of the,
imports and exports of corn and flour in France, for
the first seven months of the present year. The im-
ports ere as follow in metrical quintals (the metri••
cal quintal is 221f1b. English) :—Wheat, 202,541 ;
other corn, 45,539 ; flour, 1,342. The exports were:—
Wheat, 325,645 ; other corn, 200,037 ; flour, 70,194.
The quantity remaining in the entrepots, on the Ist
ult., were :—Wheat, 44,672 ; other corn, 16,123 ;
flour, 8,479.

The French Government granted, in 1841, three
grand crosses of the Legion of Honour, seven crosses of
Grand Officers, forty-eight of Commanders, and two
hundred, and two Officers. The number of Knights'
crosses conferred has not yet been officially stated.
We quote the following from the Sentinelle of
Toulon :—" The American squadron in the Mediter-
ranean has been reinforced by the Congress, a 60-gun
frigate, which has lately arrived from Mahon, and a
ship of the same nation is also expected. The differ-
ences which have arisen between the represen-
tatives of the United States and the Emperor of Mo •
rocco are not likely to come to an amicable settle-
ment. An Envoy sent by the Commodore to the
government of Morocco has not been received, and
the Commodore only waits positive orders from his
Government to commence hostilities."

The Univers states, that the persecution com-
menced by the Emperor Nicholas against the Ca-
tholics of his empire had hitherto only served to in-
crease their numbers. In the city of Warsaw alone
no less than 400 Jews abjured Judaism and embraced
the Catholic religion in the course of 1841. The
number of those who conformed to the Greek schism
was comparatively small, although great advantages
are held out to the Israelites who embrace the reli-
gion of the State, whilst those who become Catholics
have nothing but persecution to expect.
A Madrid Journal gives the following as the pre-
sent state of the Spanish navy :—Three ships of the
line, 6 frigates, 1 corvette, 10 brigs, 9 schooners,
4 armed steamers, 3 armed sailing packets, and
2 small vessels of war. The ships of the line are at
present not in a state for service, but one, the Sobe-
rano, is fitting out at Cadiz; only 3 frigates are fitted
out, but one is getting ready at Ferrol, and another
will soon b e ready for sea.
It was reported in Rome on the 23d ult., that the
Russian Minister, on receipt of despatches from his
Court, had waited on Cardinal Lambruschini, the
Secretary of State, with whom he had had a lively
altercation. Should the influence of Russia prevail
at the Papal Court, Cardinal Lambruschini will be
obliged to vacate his post, in favour of Cardinal Ber-
netti, who has acted as Nuncio in Russia during
several years. It was likewise stated that some dif-
ferences had taken place between the Cabinets of
Vienna and Rome, but nothing serious was appre-
hended so long as M.Lutzow who is entirely devoted
to the Court of Rome, should continue there as Am-
bassador of Austria.

The National publishes a letter from Pesth, from
which it appears that the Austrian Government was
determined to prevent, by every means in its power,
publicity being given to political as well as criminal
trials. -The Court of Pesth having lately refused to
sit with closed doors, the hall was immediately sur-
rounded by a battalion of infantry, and the artillery
of Buda, which commands the city, was pointed
against the building, in which the Judges were as-
sembled. The latter, compelled to yield toforce, man-
fully protested against the illegality of the proceed-
ing, and resolved on bringing the matter before the
Hungarian Diet, at its next session.
The Nile having reached the height of 18 ells, the
haliche or embankment of the canal of Cairo was cut
with the usual ceremony on the 17th ult. This rise
in the river was considered to insure an abundant
harvest in Lower Egypt, and an additional increase
of four ells would produce the same beneficial effect
in the upper part of the country. M. Keiser, who
had arrived from England, with the prospect of be-
coming Secretary. to Beghos Bey, had left in the Great
Liverpool, for Malta, on his way back to England.
Private accounts from Alexandria come down to
the 22d ult. The Paella issued fresh ,orders on the
18th for the fleet to hold itself in readiness to put to
sea, and in the course of a few days three months'
provisions were shipped on board. The vessels under
sailing orders were 18 in number—namely, six ships
of the line, two frigates, five brigs, and as many
schooners and cutters. The Nile steamer, with the
eight horses intended as presents for King Louis
Philippe, was to sail on the 25th, directly for Mar-
seilles.