The Sun.
London, England, 1842-09-08 00:00:00

BELGIUM.

BRUSSELS, SEPT. 4.—Two more Belgian Consu-
lates will be speedily established, one at Guatemala,
the other at New Zealand. We are assured that M.
Cloquet, a clerk in the office of the Minister of Fo-
reign Affairs, is to have the first of these posts.
SEPT. s.—His Majesty gives to-day a private
audience to Colonel de Puydt, who lately returned
from his mission to Central America. M. Marchal, a
mechanician at Brussels, has manufactured blocks of
metal rendered in-oxidable, which are intended to be
used instead of wood in the construction of railroads.
They are said to be in every respect equal to wood,
occupying the same surface, and having the same
flexibility. They are so made that they will last ten
times as long as wood, and the price is nearly the same.
SEPT. 6.—The second vote of the law relative to
the Convention betweon the State and the City took
place in the Chamber of Representatives. The follow-
ing is the result :-75 Members were present-38
voted.for, and 33 against it ; 4 declined voting.
A Journal says that General Vandermeere, who is
in the Petits Carmes, is seriously indisposed.
A letter from Grimbinghausen, of the 2d of Sep-
tember, says that the King had received on that day
the 7th Corps of the Army. Among the illustrious
and noble visitors present were the King of Hanover,
in the uniform of the 3d Regiment of Hussars, of
which he is the Colonel ; Prince Charles of Bavaria,
in the uniform of the 11th Hussars; the Archduke
John of Austria, and many of the Dukes and Princes
who have lately arrived, as well as the Prince of our

Royal family.
Fifty thousand persons have come from all quarters
to witness this splendid military spectacle. A burst
of joyful acclamation welcomed the King, when he
was seen to come on horseback with his aides-de-camp
and suite. The Queen, with the Princesses, and many
noble Dukes followed in carriages. The review in Grim-
binghausen is ended, and the Infantry will leave the
camp to-morrow for the grand manoeuvres at Ens-
kirchiem.

MONEY MARKET and CITY NEWS.

CITY, WEDNESDAY EVENING.

A rally again took place in the prices of the
Funds in the afternoon, and Consols closed at 93 93*
for Money, and 93* 934 for the Account; India Stock,
249 251 ; Exchequer Bills, Old, 51 53 ; New, 49 51
•
premium.
The prices of Foreign Securities were without
material alteration. DutchTwo-and-a-Half,per Cents.,
52* 52* ; the Five Cents., 102 1021 ; Belgian, 1014
102:4 ; Danish, 831 841.
The quotation of Mexican was not quite so good,
having declined to 35 351.
The Share Market continued dull. London and
Birmingham, 183 185 ; Birmingham and Glou-
cester, 41 43 ; Great Western, 83 84 ; the Half
Shares, 65 651 ; North Midland, 56 58 ; the New
Shares, 271 281; South Eastern and Dover, 224 221 ;
Eastern Counties, 84 9 ; Northern and Eastern, 38
381 ; Blackwall, 7+ 74- ; and Brighton, 33* 33f.
The quotations of the Bonds were—Colombian,
201 21; Peruvian, 15 16 ; Portuguese Five per
Cents., 351 36 ; the Three per Cents., 21 211 ;
Spanish Five per Cents. 161 161; the Three per
Cents., 211 211.
Speculations in the above named documents, which
during some few years past have been much repre-
hended, have again commenced. Hitherto, those who
may have been uninitiated in the doings of the
Foreign Stock Exchange, have been in the majority of
instances plundered of their money, and no milder ex-
pression can be used, by such as may have been more
experienced in the goings on there. It is almost need-
less to recal the ruin or loss which has been entailed
upon the families of those who have speculated largely
on former occasions, but it becomes an imperative
duty to warn individuals who, tempted by unusually
low prices, may still feel an inclination to " dabble" in
time bargains. It is sufficient to remark that the
countries which have issued the Bonds are in reality
insolvent, and the non-payment of the interest
for so many years will show that they are
at the mercy of those who have the command of
the market, and who can raise or depress quotations
by a nominal transfer of stock, and that most stringent
laws relative to debtor and creditor, will almost imme-
diately come into operation, by which such gambling is
most particularly denounced. It would appear un-
just to endeavour, as it might be termed, to depreciate
the value of property ; but when from official docu-
ments it is seen that several of the above countries
are literally " living by their wits," and that
upon an estimate the deficiency of one is
less by a certain amount than had been
previously calculated upon ; and in another, that
the Finance Minister had succeeded in raising a
trifling amount, at a ruinous rate of interest, to meet
a particular claim, occasion is taken to raise the
quotations of the bonds of these nations, while the
foreign creditor is completely, as it were, thrown
overboard, it is imperative, when such serious con-
sequences may arise, to exert every effort to counter-
act them.