The Sun.
London, England, 1842-06-03 00:00:00

MONEY MARKET and CITY NEWS.
TIMES.—A very rapid advance in the value of silver bul-
lion has taken place from the 27th of May to the 31st (yester-
day). The Mexican dollar, which at the first of these dates
was worth 4s. 90., has risen to 4s. 100. ; the Spanish pillar
dollar hat risen from 4s. 101 d. to 4s. lid., or 4s. 114 d. ; and
silver from 4s. !lid. to 4s. 110. It is generally supposed that
this rise it to be attributed to the raisine of the rates of ex-
change on India bills by the East India Company, which was
at the time, expected to cause a drain of silver bullion. This
supposition is strongly confirmed by the fact, that of the dif-
ferent kinds of bullion above enumerated, the Spanish pillar
dollar has advanced the most. This is the coin that is readily
taken in China, and which therefore has a fictitious, value,
which in operations with that country raises it above the mere
bullion value. Hence an advance in this particular coin occa-
sions the opinion that it is for remittances in the direction of
China that it is in request. The East India Company have
advanced the rates since the 26th of May in all the presidencies.
raising that on Calcutta from 2s. to 2s. Id., that on Bombay
from 2s. O'd. to 2s. lid., and that on Madras from '2s. Op. to
2s. 1 %el. It is thought likely that the real object of this ad-
vance of the rate is to prevent any offers being made for their
paper oti India, singe, with the expenses of the Affghan and
Chinese wars, it is not improbable that so much revenue rnav
be absorbed abroad that there is comparatively but a small
amount to be sent to England.

LNW INTELLIGENCE.
HOUSE OF LORDS. June 2.
The House sat to-day to hear appeals. The Peers present
were—the Lord Chancellor, Lord Brongham, Lord Cotten-
ham, and Lord Campbell.

CHARTER V. TREVELTAN.
Sir THoMAs WiLrE resumed his reply in this appeal.
Tr.e case has already occupied ten days in argument.

ROLLS' COURT. June 2.
His Lordship the RIASTER. of the RoLLs was occupied the
whole morning with motions of no interest.

VIC E. CIIANCELLO S COURT, June 2.
The VICE-CHANCELLOR of ENGLAND took motions to-
day, none of which warranted a report.
(Before Viee-Chancellor KNIGHT Baum)
His iloNourt, afser di.po,ing of the motions brought before
him, proceeded t:b hear caws.
(Before Vice• Chancellor WIGRAm.)
HALL N. LAVER. . .

The further argument' in this-17ari:heard case occupied his
HONOUR the greater portion of the day.

COURT OF QUEE.\'S BENCH, June 2.
THE QUEEN V. LONG -BRIBERY AT CAMBRIDGE.

The defendant in this case, Samuel Long, had been convict-
ed at the last Cambridge Assizes, of giving a bribe of la to a
voter of that borough, to induce him to vote for Mr. Manners
Sutton at the election for a Member to serve in Parliament
for that borough in the year 1839, when Mr. Manners Sutton
and Air. Milner Gibson were the candidates

The defendant was brought up for judgment di's' morning.
The defendant's affidavitain mitigation of punishment was put
in and read, in which the defendant stated, that for the last
three years he had bad a prosecution hanging over his
head on account of this offence, which prosecution
had been abandoned, and that subsequently a prose-
cution for the same offence bad been instituted by the
Attorney-General, so that he had been prosecuted twice fur
the same offence. The affidavit likewise stated that the de-
fendant was suffering from illness, and that his health would be
seriously injured by a long imprisonment.
Mr. B. A snazwes having addressed the Court in mitiga-
tion, and the ATTORNEY-GENERAL having been heard in ag-
gravation of the prisoner's offence,
Mr. Justice PATTESON proceeded to pass the judgment of
the Court on the defendant, which was that he should be im-
prisoned iu her Majesty's gaol of Cambridge for nine calendar
months, and that in the meantime he should be committed to
the custody of the Marshal.
'The defendant was then removed in custody.

COURT OF B4IVKIIUPTCY. June 1.

ARAOMONT MARSHALL'S BANICRUPTCV.--THE LATE TALLOW