The Sun.
London, England, 1842-10-10 00:00:00

THE SUN, LONDON, MONDAY MORNING, OCTOBER 10, 1842.

and also Ningpo, with the exception of a small
garrison, are to be evacuated. Had a few of the
regiments, which for years have been lying idle
in Canada, been sent to that quarter, the Chinese
war would have exhibited very different results.
Let us trust, however, now that our relations
with America are placed on an amicable footing,
that a new system will be adopted, and that by
dispatching all the forces that can be spared, and
by exhibiting the same spirit and activity as
displayed in the West, the differences between
this country and China will be brought to a
speedy conclusion.

The soreness of the Torj• journals towards Sir
ROBERT PEEL still continues to be conspicuous

a their diurnal lucubrations, notwithstanding

their evident anxiety to keep it under. When-
ever they can plant a safe hit they never fail to
do so, and sometimes they even borrow the soft,
friendly language of compliment in order to con-
vey the bitterest sarcasm. Thus a Morning Con-

temporary, in an article on the Church Extension
queqion, says:—"Few men, be their opinions
Conservative or Radical, doubt that Sir ROBERT
PEEL has a very just and sound concep-
tion of the wants of the country ; few hesitate
in acknowledging the Premier's ability and great
judgment ; but there is, notwithstanding, a ge-
neral hesitation in anticipating good measures
at Sir R. PEEL'S hands, because of his continual
dalliance with that `unclean' beast, expediency,
• which, be it remembered, has brought the
country to its present condition. Sir R. PEEL
is doubtless surrounded by difficulties, but the
greatness of statesmen consists in their conquest
of difficulties ; and expedients and compromises
are but arms to fight such battles." It will be
observed, that under the plausible guise of coot-
plintent, our Contemporary here adroitly con-
trives to insinuate the most stinging invectives;

and at the very moment when he is expressing
the utmost respect for the Tory Premier, as a
statesman who " has a just and sound conception
of the wants of the country," he accuses him of

" a continual dalliance with that unclean beast,

expediency"—in other words, of being a mere
tricky, temporising expediency-monger ! " Call
you this backing your friends ?" But this is not
the worst. Sir B. L'Elm,itseems, isnot only a time-
server—an obsequious waiter on the chapter of
accidents—but, hints our Contemporary, there is
a natural distrust of him even among his own

party—" a general hesitation in anticipating
good measures at his hands!" So, the " hesita-
tion" to place confidence in the Premier is not

partial, but "general"—not confined exclusively
to his own adherents, but shared squally by all
classes of the community! Why, this is worse
and worse ! We ourselves have often spoken in

terms, anything but laudatory, of Sir E. PEEL;
but we know not that we have ever used lan-
guage so bitter and so sarcastic as that which we
have just quoted from our Tory Contem-
porary. We have frequently said that be
truckled too much to expediency; but we
never said that he was generally distrusted by
his countrymen. We thought at least that his own
party confided in him ; but we are now assured
that they do not ; and this assurance we have on
the best authority—namely, one of the most in-
fluential of the Tory organs. From the abuse
that is now so constantly lavished on him by his
own heretofore adherents, we begin to entertain
'Elite a favourable opinion of Sir ROBERT PEEL,
fin- surely there must be some redeeming quali-
ties in that statesman whom prejudiced, purblind
Toryism considers undeserving of its confidence.

We have space merely to call attention to an
article in the Leeds Mercury on the new Ger-
man Tariff, the facts of which are of very great
importance to the trading interests of the country.
We may perhaps on a future accasion make some
remarks on the subjects to which it refers.

The accounts from Madrid are to the 20th ult.
ft appears that the Government had imposed
such onerous conditions on the contract for the
quicksilver mines of Almaden, that no capitalist
was willing to bid for them. As the produce of
these mines was to be assigned as security for the
loan of the forty millions of reals, it is probable
the latter Nvi 1 1 remain a dead weight on the Go-
vernment, and is a further proof of the embar-
:assed financial position of the country.
The reported insurrection at Valencia proves
to have been a fabricatibn.
The Heraldo announces, under the date Gib-
raltar, that the American frigate Fairfield had
brought intelligence of the amicable adjust-
ment of the differences that had arisen between
Morocco and the United States.

The Three per Cents. were done at 211 at 60
days, and the Five per Cents. at 25 13-16 for
cash, and 26i at 60 days. The floating debt of
the Treasury sold for 41 at 50 days.

The only leading articles of interest in the
Paris papers received refer to the dispatches
From Algeria. Both the Constitutionnel and the
Cozi.rrier Francais treat the affair lightly. The
former states that

"It is not possible to make war, even upon the
Arabs, without the sacrifice of much treasure and
blood. The superiority of our arms cannot in vic-
tory prevent the natural mortality of battles, and if
our young army gain their spurs in Algeria, and by
their brilliant deeds rejoice the hearts of the old sol-
diers of the empire, it is at the price of blood and
fatigue that they maintain our military fame. Dis-
cipline and science guarantee success, but we must
purchase it by sanguinary conflicts. We must wait
tbr it patiently and resolutely, and make up our
minds to some disappointments."
The C'ourrier Francais, after severe remarks
on the conduct of the Government in delaying
the publication of the dispatches, has the fol-
lowing:—
" The public mind may tranquillise itself. The
success of our army in Africa has not been inter-
rupted, and the Arabs will no longer seriously con-
tend against the domination of France. The affair
of the 19th and 20th of September, was a military
imprudence which the valour a our troops and the
skill of tluir chief has gloriously repaired. We
may regard this unforeseen but glorious en-
counter as to its results as having augmented
our authority in Algeria. If some tribes, whose
territories were deemed unassailable and who had ef-
fectually resisted Abd-el-Kader himself, have not
been able, under all the advantages of a surprise, to
shake the steadiness of our soldiers; if the losses
these tribes live sustained have spread, as General
Changarnier affirms, desolation through their country,
we may well believe that they are half reduced to
subjection, and the trial they have made of their
strength is not likely to be reneged."
La Presse states that M. DE LANGSDORF, the
French Minister to the Court of the Brazils, has
been specially sent there to prevent the renewal
of the commercial treaty concluded between
Great Britain and that country in 1827, and which
is to expire on the sth of November next,
The weather had become fine, but was still

cool in France. The vintage was proceeding fa-
vourably.
The Echo Tournaissen states, that the cold had

been so intense in the north of France for the
last few days, that " the swallows which had not
taken their departure fell lifeless to the ground,
and were picked up by the peasantry in clusters
of six or seven."

The French Government has received a tele-
graphic dispatch from Bayonne, announcing
that the Spanish Cortes are convoked for the 14th
of November.
BOURSE—PARIS, THURSDAY, OCTOBER 6.

First Highest Lowest Last
Price. Price. Price. Price.
French Five per Cents. 118 80... 119 ... 118 80... 118 90
Oh per Cents 106 50... 106 50... 106 50... 106 50
Four per Cents 101 25... 101 25 .. 101 25... 101 25
3 per Cents 80 ... 80 10... 80 80 05
Bank of France 327 J ...3285 ...3270 .. 3285
Latlitte Bank
5, I,oof 1040 ..1040 —lO4O ...1040
0000 f 5045 —.5045 .4.5045 ...5045
Belgian 8ank..... 787 50... 787 80... 787 50... 787 50
Belgian Fives lO3 ... 103 i ..• 103 103*
Belgian Fives 1840, ex
dividend 1031 ... 103 ... 1031
Threes 7l 10... 71 10... 71 10... 71 10
Dutch 91 per Cents 53 ... 53 ... 53
Portuguese 53
NS aanpiosthit a n
Active
11(03:824 1,6302.082120
•••• :•• 1103206081
113060208120
Roman

RAILWAY SHARES
Versailles, R.B NO ... 265 ... 260 ... 265
L.B lOO .., 100 ... 100 ... 100
Rouen
Orleans.
Strasburg to Bale 205 ... 205 .... 205 ... 205

Lord Aberdeen has arrived in town, from a visit to
Sir Robert and Lady Peel, at their seat, Drayton
Maness Stallordshire.

COURT CIRCULAR.
WINDSOR, SUNDAY.—The Queen and Prince Al-
bert, and the Royal suite, attended Divine Service
this morning in St. George's Chapel Royal. The
Rev. W. C. Knyvett performed the first part of the
service, and the Hon. and Rev. Mr. Stopford and the
Rev. Mr. Canning officiated at the altar, the latter
gentleman preaching the sermon from part of the
13th verse of the 2d chapter of St. Paul's First
Epistle to the Thessalonians—" When ye received
the word of God which ye heard of us, ye received
it not as- the word of men, but, as it is in truth, the
word of God."
The Te Deutn and Jubilate were Dr. Boyce in C.;
the Kyrie Elieson and Creed, Dr. Nares in F. The
Anthem, " 0 God, who bast prepared" (Corfe). Dr.
Elvey presided at the organ.
Yesterday morning Prince Albert, attended by Sir
E. Bowater, Colonel Arbuthnot, and the Hon. Cap-
tain Duncombe, enjoyed some hours shooting in the
Great Park, and had excellent sport.
Her Majesty and the Prince rode out in a pony
phaeton, his Royal Highness driving, attended by a
part of the suite in a pony phaeton and on horseback.

On Friday Mr. F. Newingham had the honour of
submitting to his Royal Highness Prince Albert, a
finished design of a full-length portrait of his Royal
Highness, of which the Prince was pleased to express
his approbation.
His Royal Highness the Duke of Sussex has ar •
rived at the seat of the Earl of Zetland in Yorkshire,
on a visit to his Lordship.
Her Royal Highness the Duchess of Gloucester
has arrived at Alnwick Castle, Northumberland, to
honour the Duke and Duchess of Northumberland
with a visit.
His Serene Highness the Hereditary Prince of
' Mecklenburgh Strelitz visited Covent-garden Theatre
on Saturday evening. The Prince afterwards left
town for the residence of the Duke and Duchess of
Cambridge at Kew.
Prince Esterhazy, the Austrian Ambassador, tran-
sacted business en Saturday at the Foreign-office.
The Earl of Jersey, Master of the Horse, left his
residence ir. Berkeley-square yesterday for Newmarket
The Chancellor of the Exchequer left town on Sa-
turday for Hyde, Isle of Wight.

MONEY and COMMERCIAL NEWS,

- - _
CITY, SATURDAY EVENING.
The receipt of the details of the Indian news had a
favourable effect on the prices of the Funds, and this,
together with a purchase of but small amount, gave
increased firmness to the Market, Consols leaving oft
at 93* 931 for Money and for the Account; India
Stock, 248 250; Exchequer Bills, Old, 52 54; New,

51 63 prem.
The prices of Foreign Securities were—Belgian,
1024 1034 ; Dutch Two-and-a-fialf per Cents., 52
52-4- ; the Five per Cents., 100 1001 ; Danish, 82 83 ;

and Brazilian, 63 64.
The desire to sell Mexican Bonds continued, but it
appeared chiefly to arise from speculation in the ex-
pectation of considerably depressing the market, in
order that the operators might re-purchase at lower
rates. The quotations were 324 33.
Tye Share market was steady, without, however,
any extensive business. London and Birmingham
were 183 185 ; Birmingham and Gloucester, 39 41 ;
Great Western, 824 .834 ; the Half-shan e, 59* ;
south Western, 574 58 ; Nor h Midland, 56 58 ;
the New shares, 274 284 ; South Eastern and Dover,
23 234 ; Eastern Counties, 84 84 ; Northern and
Eastern, 35-4 364; Black wall, 61 64 ; and Brighton,
36 361 per share.
The quotations for the Bonds were—Colombian, 20*
21 ; Peruvian, 15 16 ; Portuguese Five per Cents..
36 364 ; the Three per Cents., 211 21* ; Spanish
Five per Cents., 154 16 ; the Three per Cents., 20* 21.
The chief business in the city to-day has been the
perusal of the Indian correspondence, which has been
unusually voluminous. The exceedingly copious
accounts in the Second Edition of The Sun., leave but
little new matter to to be gathered from the private
letters.
(From The Sun of Saturday Evening.)

Rank Stock
3 per Cent. Red.
3 per Cent. Cons....
3h per Cent. Red —
New 3h Per Cent... lOl
New 5 per Cen'. —
Long Annuities to expire
Jan. 1860 .
Oct. 1859
Jan. 1860 —

The 'Funds continue exceedingly flat, and With less
business to-day than is usual on a Saturday. Consols
are 93 for Money, and 931 for the Account; New
Three-and-a-Halfper Cents., 1011; Bank Stock, 1691.
Money continues to be very easy, and the difficulty
of employing it appears to be increasing, the first de-
scription of mercantile paper being sought after at as
low a rate as 2 per cent. ; consequently the premium
on Exchequer Bills has further advanced to 53 54 for
the Old, and 51 53 for the New.
The business in Foreign Securities has been limited
to Dutch, and these have given way a shade :ince the
morning, the Five per Cents. being now 1001 1001 ;
and the Two-and-a-Half per Cents. 521.
Mexican Bonds are dull, and the quotation is again
a trifle below that of yesterday, being 324.
The Share Market has been almost wholly without
business, but what little has been done has been at an
improvement. Great Western Halves have been sold
at 60; Brighton, 361; the Loan Notes, 10g; and
Great North of England, 521.
The quotations of the bonds are—Colombian,_ 20'
_

Spanish'Five per Cents., 16 ; and the Threeper Cents.,
201 21.
MANCHESTER STOCK EXCHANGE, OCT. 7.—Bu-
siness still continues very limited, and Shares have
rather a downward tendency. Manchester and Leeds
are par to los. premium ; North Midland may be
quoted 56::Ts to 571; Brightons are offered more freely
at the last quotation. Bank of Manchester are more
in demand at 2/. per share.
CLOSING PRICES.
BRITISH. FUNDS.

India Stock — pm
Ditto Bonds
Ditto Old Annuities ...
Ditto New Annuities... 904
Ex. Bills, 1,000/ 2d. 53 pm
Ditto 5001...... pm
Ditto Small
Bank Stock for Open. 1691
India Stock for Acct...
Consols for Acct.
FUNDS.
Portuguese, 5 per cent.
Ditto, New Ditto
Prussian, 5 per cent.
Russian, 5 pei cent.
Ditto, Metallic ...... .
Spanish, 5 per cent l6
Ditto, Deferred.... .9
French, 5 per cent. Hat. 50
Exchange
French, 3 per cent —
Dutch, 2} per cent....
Ditto, 5 per cent. .. .