The Sun.
London, England, 1827-08-24 00:00:00

of GO guns, six of 44, corvettes, brigs, cutters, &c.,
under the command of ill. de RIGNV, who has
two Rear Admirals nider him. The force be-
fore Algiers is said to consist of three ships of
the line, four frigates, corvettes, brigs, &c., under
M. COLLET, who, it is reported, will be pro-
moted to the rank of Rear Admiral.

In publishing Mr. CANNING'S Will, yester-
day, we stated, upon its authority, that the effects
were under Twenty thousand pounds. We have-
aince learnt with inexpressible pain, in which the
nation must deeply participate, that when all matters
are arranged the residue of Mr. CANNING'S
estate will fall short—very far short of the above
amount. Indeed we, may say that four thousand
pounds will be rather above than below the
estimate !

Read this, ye aspirants to public office, and
behold the humble legacy of him who had at-
tained its highest honours ! The sweets of power
may be, and are no doubt, pleasing when enjoyed
for the public, good, but we .believe that there
is no class of society so ill requited as those
holding high' responsihrle office in the public ser-
vice. Unless, they possessed private fortunes,
the salaries of public men would hardly defray
the common expences incident to office, without
making any allowance for the heavy extras, in-
separable from situations of high trust.

The panic which seized the Stock market
yesteni ty has not produced any further effects to-
day, although the price declined in the morning.
Consols, which Were yesterday done as high as
87k, left ofl last night at 86k, after being done
at 86k. To-day the first price was 87, after
which they declined to •but they have
.subsepently recovered to 86i. A panic 'does
not seize the market, as some papers oe-,
scribe, without anraciitse.,:r-rfOil the pike
of Public Securities, as ,of any other com-
modity, rises and falls according to the de-
mand and supply,_ and a fall,- therefore,
is only occasioned by the actual sale, or offer of
the sale, of a larger quantity of stock than
there is any immediate demand for. The
Cause, however, of the large sales which led
to the depression of the market yesterday,
did not then transpire, but other persons than
those who were at first induced. to sell so
extensively, concluding that there wsS something
of importance, likewise sold largely on the hazard,
and the effect which was produced naturally oc-
curred.

TO7day has .not brought to light any cause
sufficient to account for the alteration of
Pikes ;. but rumours of war,, or the probable
Causes of war, from Constantinople and Madrid,
and of dissensions in our Cabinet at home, are
circulated in the City with confidence;and easily
!Jelieved by those whose interests are likely
tO be affected by the truth or falsehood of
tile,r'eports. In the mean time we can only say, that
Po political news of any importance has yet
reached the Government.

THE FUNDS-(THIS DAY).

CITY, Tw ELF 2 0' CLOCK.

The English Funds seem to be in a most extraor-
dinary state of ferment; the utmost distrust appears
to be entertained ,by persons towards one another,
and no good or efficient cause can be given that has
not existed for some time—the 'state of Portugal
and Spain, the Greek and Turkish affair, as well as
the alteration of the Ministry by the lamented
death of Mr. Canning, all have been urged befOre,
And there is nothing new to cause the present
state of things. The fact is, it is understood
to be a Bull - account, and the house generally
are against the funds; and if the Bull • party
out of doors do not, or are unable, to take the stock
at the settling day, the 29th inst., Consols may still
further decline. In the mean time, such is the
telly state of the market, that the most trifling
report or event that can in any way be
brought to act against them has doubly. the
effect it would have at a time of more confidence,
and the least rumour, however ridiculous, acts onthe
price. The first price of Consols was 87 * for ac-
count, when a purchase was made evidently with the
intention of improvement, but this proving ineffectual,
a decline to 864 was the consequence; a small im-
provement to 861 I for this, and 87i i for next ac-
Fount, has since taken place; but the market continues
In )t state of much uncertainty, several of the leading
operators having been said to close their accounts,
whilst others are stated to be still out, and some
of an extensive nature will yet have to be arranged.
India Bonds and Exchequer Bills are a little lower,
the former being at 88 90 pm., the latter 57 8.
o' Czocr.
, Consols have again been much depressed, and
their appearance extremely gloomy; they receded as
low as 86ii, when an express from Paris arrived,
bringing the 'Wednesday's closing prices, the Rentes'
5, per Cents. 101 5 ; the 3 per Cents 73, after the
receipt deems on Monday. This caused the Market
to become somewhat more firm, and Consols advanced
to
.86k for account, still however with a heaviness
hanging over them ; the Exchange from Paris comes
over 25. 25., tt and n rom
bills
xican Bonds are 661 on
M e London.
Buenos Ayres G 3;
thmis;l 62*i. ; Portugo wuese 744 5; Russia 9.5 - 6;
which are all a little ler ; Spanish on the con-
trary are a shade higher, 10 a 10i.

THREE O'CLOCK.
Consols have been 86i, buyers and sellers
alternately ; it is now the price and looking better.

FOUR O'CLOCK—CLOSING PRICES.
Consols 861 Danish Bonds 62;
Do. for Ac. 86 4 Greek Do. 1825, 151
Brazilian Bonds 66- Mexican Do. 1825 664
Buenos Ayres Do. 64 Peruvian Do.
Chillan Do. Russian Do. 96
Columbian, 1821, 30f Spanish Do. 101

GENERAL AVERAGE PRICE OF BRITISH CORN•
't3r the Week ended Aug, 17, 1827, rnade_up from the Returns
of the Inspectors to the different Cities and Towns in England
and Wales, per Imperial Quarter.
wheat.‘,......35• (Id. Oats I
tqley„---., 365. 94. Rye 395. 24. Pease.-- 435. RM.
Per Winchester Quarter.
p,, Per
575. 3d. I Oats -- 265. 2d. Beans---... 50s. 6d.
—nley, 355. 7d. I Rye 375. lld I Pease,— 425. sd.
8N AVERAGES IMPERIAL Of the SIX WEEKS PRECEDING.
arjat---...605. 7d. Oats I
275. 84. Beans----495. lid.
38s, 3d. I Rye 43e, Id. Pease Bcl.