The Sun.
London, England, 1842-02-12 00:00:00

EVENING S

MONEY NI.ARKET and CITY NE VirS•
FROM THE: NtORNING PAPERS OF THIS DAY.
TIMES.—The letters from India by the Oriente: were
delivered this morning, and being of no later date thaP those
received by the Marseilles expresses of this journal and tho
Overland Alai!, are not generally to be referred to fnc There is one letter, however, which contains a statement Of
very great importance. It is dated on the 10th of De-
cember, from the camp at Dadur, in Lipier Scinde,
from a military officer, who says, " Major Outram,
the political agent here, has received a private ae-
coant of the total destruction of Cabul on the 13th ult.,
with 20,000 rebels.' Such an account must of course be held
to require confirmation, but the hope of its proving true is
greatly strengthened by the accounts already published, which
come iirenri to the llth of November, two days previous to the
above date, and advert to the possession of the citadel by our
troops, who had then gained some partial successes over their
assailants, to which this
ttih,eerpeofosriteionis
ofl Generalrkely - enousgahletoath
jaevje
been the sequel._
lalabad there is no encouragement in these letters to believe
the
be.
eufirstaccounts exaggerated ; it was as desperate as it well

The resolutions proposed by Mr. Gladstone, which have
been issued this mounts!! among the Parliamentary papers,
have furnished an interesting theme of discussion to the mer-
chants in the eits. Not only are they regarded as affording a
valuable relief to our West Indian and North American Colo-
nies, but the duty for the admission of corn into these colonies
(3s. on the quarter of wheat, and 2s. on the barrel of wheat flour)
is looked upon as an important auxiliary to the proposed modi-
fication
States'C corn
i andino an
thiscountryopeig for
at the
be almost considered a fixed duty. For at this low rate, the
United States, which are now growing corn in great abund-
wadhia admission
maysio
n
of United
abund-
ance, would import their wheat into Canada, whence, though
it could not be imported here as wheat at the comparatively
linlow rate charged on corn from the British possessions., on ac-
count of the requisition of a certificate of produce, it could be
brought in the shape of flour, as corn ground in the cwlot its
can be certified as a production of those colonies. Reckoning,
therefore, that the duty on flour follows in proportion to the
duty nn wheat, it w,ll be found that wheat which will be im-
ported into Canada at 3s. per quarter would, even at the highest
rate, only pay bs. more to be received into the United King-
dons—that is, that the maximum of duty on United States'
corn admitted here will be only Bs. In the northern parts
of the American Union a great eagerness is shown to collect
corn, and those merchants in London who are interested in the
prosperity of the States look upon the resolutions with
much gratification. The advantage to the United States
is, indeed, admitted on all hands, and some are of opinion
that too much is conceded to a country which, it is thought,
will not be too willing to make concessions in return, and the
returns for the trade with which have for many years past
been of a very questionable nature. These consi ,er that ,ante
favour should be shown to British shipping, and that sonic
modification should be introduced which would not give the
United States such an unqualified advantage. There
is .
a reservation with respect to certain goods which shall be
imported into the colonies through the United Kingdom,
which seems to have been made for the encouragement of Bri-
tish navigation, but this, of course, could not apply to the trade
between the United States and the West India possessions,
which is the most important trade affected by the measure.
SUN.—The effect of Sir R. Peel's corn plan, which the jour.
nals in the Government interest describe as having been favour.
able to an advance in the Funds, has not at any rate been felt
to-day ; the market having exhibited a greater degree of dull-
ness than on any previous day of the present week. The quota-
tations, except for India Bonds and Stock, which rather gave
way, were about the same as yesterday. Consols for home.
diate transfer brought 89 to 89h, and for the Account, eisl,l to
89k. Exchequer Bills realised an improvement to 225. and
2.55. premium ; but East India Bonds were only is. to Gs.
prem. ; Bank Stock was worth 168 i ; and India Stock, 244 ii
to 243. The New Three-and-a-Half per Cents. were at
98A to 981..
A meeting of Mexican Bondholders was held at the London
Tavern this day to hear certain propositions on the part of the
Mexican Government respecting the payment of the dividends,
but the result did not lead to any improvement in the Bonds.
The latest quotation was 31 yto
.3 ; Colombian Bonds were
worth 211. Spanish again receded sligtly. The Actives were
at 24 to 2.q. Portuguese New Five per Cents. brought 32i,
and the Three per Cents. 198 ; Dutch Two-and-a-Ball were
51i_ to 87

for Shares there was scarcely any inquiry. Brighton de-
clined to 14a discount. Colonial Bank Shares were 1= pr em.
The rate of Exchange on Paris was rather higher this after-
noon, and on the other cities very firm, viz., as follows:
Paris, 25c. 771 c. to 821 c. ; Amsterdam, 12 4; to ; Frank-
fort, 1501 ; Ilamburgh, 13 10 to I 1 ; Antwerp at 12 44- and
Trieste 9 52.

THE EDINBUItGH AND GLASGOW RAIL.
WAY.—The finishing of this magnificent undertaking is cow draw.
ing to a close. Thu terminus shed at Queen-street, erected by
Messrs. Miller and Bankier, of Argyll-street, continues to elicit the
admiration of all who visit it, and we can say for ourselves, after
having seen many works of a similar description, that it is the most
beautiful of them all. There is only one little thing wanting to
render the station poled, and that is the gilding of the spear-heads
of the very handsome railing by which the shed is enclosed. As to
the extra expense, that would be an exceedingly small affair to
boggle at in such a work, and we shall he bound that the chaste
lightness which this small bit of display will impart to the build.
ing, especially in the ensuing summer months, will amply repay the
trifling sum of filly or sixty pounds, which is all thatewould be
required to decorate the stations both at Edinburgh and Glasgow.
We trust this will be attended to previous to the grand start. The
gilding of such railings is universal on the Continent, and every
one who has been abroad knows the degree of elegance imparted
by the embellishment. Oa paying our usual visit to the terminus;
yesterday we found that the workmen had already made consider_
able progress in boarding in the great shed, preparatory to the,
grand dinner which takes place there on the !sill current, and that
the greatest activity prevailed in every department to forward the,
work, so as to be ready by the date alluded to, on which occasicitt
we learn that twenty-five carriages will stmt with the COLlpany
from Glasgow. After arriving at Edinburgh the party Will return
to dinner, accompanied by other twenty five carriages,, with the
Edinburgh gentlemen, making in all fifty carriage:, whirls will
contain nearly one thousand persons. It is needless to mention
that all the eminent men connected with the railway, as superin-
tendents, engineers, and managers, are assiduous in their t
u.
deavours to render the works as perfect as possible previous to the
opening.—Glasgow Constitutional.
The police arrested a reeeivc,r of stolen goods.
named Linck, the morning before last, at his lodgings in
the Rue du Renard-St. Sauseur, where a large quantity of
articles fraudulently obtained were discovered. While the
officers were searching the premises the bell rang, and a
fashionably dressed young man came in to ask for M. Lincl.
The police agents smelt a rat, took the liberty of interrogat-
ing, and at length of searching the person of "the visitor, and
found him in possession of a silver plate which be had stolen
that morning, while breakfasting atter a masked ball, from
the restaurateur's, in the Maisan Doree, at the corner of the.
Rue Laffitte. He had formerly been a student, and is o
respectab!e family. Both captives were transferred to the
Prefecture of Police.

DEATH OF ALDERMAN DANIEL BARRING-
TON. —We regret to announce the death at Dromcondra
Castle near, Dublin, on Saturday last, after some weeks' illness,
of Daniel Barrington, Esq., second son of Sir Joseph
Barrington, Bart., and senior Alderman of this City,
leaving a widow and four children. Mr. litn-rington filled t
high and important office of Clerk of:.'ne Crown for this count
for upwards of twenty years. Vie was also land-agent for se-
veral years to the
other 'landed Lai', DI Limerick, Mr. Gaseoit,one, and
addition t Ilr:Trietors of this county. By his death, in
Q one Clerkship of the Crown, the Senior Alder..
manshir, several lnerative land agencies have become vacant_.
all 04: he filled with exemplary zeal and integrity. We
understand his remains will be removed from Dublin this day,
and will be interred in the family vault at St. Mary's Church
on Friday next, at twelve o'clock.—Limerick Reporter of
yesterday.
BURGLARY IN ESSEX.—About midnight on
Friday last, the Rodney public-house, at Little Baddow,of pie.
ale notoriety, was forcibly entered at a back door, by three men,
who proceeded up stairs to a bed-room, in which Mrs. Mary
Pullen, the landlady, 70 years of age, slept with her daughter.
One of them was armed with a tremendous bludgeon, and.
having demanded her money, she gave them three four-
penny-pieces, and other silver, to the amount .of
six shillings, with a small quantity of copper. in-
formation of the robbery having been oommunic,atod to
Tucker, an active constable of the rural police, he went in
pursuit, and on Saturday afternoon found two railroad naviga-
tors at the White Hart, Hazeleigh, answering the description,
who were ultimately captured, and conveyed to their destina-
tion in the wagon. The fellows in custody give their names
'William Turner and Joseph Smith, but their accounts of thern,
selves are very contradictory; the third man, although strie
search has been made for him by the police, is yet at large.—
Abridged from the Essex Herald.

M. Gautier, hanker at Angers, and late ileceiver-
General of the Hospices there, whose failure took place nearly
a-year ago, was tried a few days since, before the Correc-
tional Tribunal of that place, for abuse of trust and fraud
The Crown lawyer, in his pleadings, mentioned that the lia-
bilities of the prisoner amounted to 1,600,000 f., and his as-
sets to 350,000 f. , but the counsel for the prisoner main-
tained that the assets were 1,311,000 f., and the liabilities only;
900 f. more than this amount. Several cases of unwarrantable,
Procureur du Roi require(' that the maximum of the punish,_
were proved against him, and the substitute of Hue
ment awarded by the law should be given in this case. 'r he
tribunal found the prisoner guilty, and pronounced the
mum penalty—viz., two years' imprisonment, 25,001: •
and ten years' imprisonment in case of non-payment.
RAILWAY JUNCTION.—In a re•port presented
to the annual meeting of the Liverpool arid ATanchester Rail-
way Company, held in Manchester on WedneF day week, the sub-
ject of a central station for the Liverpool a
Manchester and Birmingham, the
t 1
Sheffie' .nd Manchester, the
and Manchester, and
the Manchester and Leeds Railways, 1", discussed at considerabl e
length, and the Directors recoramend, that in the event
of a central station being formet;., Stone-street, in the Londe in-
road, Manchester, should 'oe, preferred to Hunt's-bank, the
former being, as the rei:,rt states, much more in the centre of
business anti in the ''..trection to which the town has recently
extended, and is 'raow extending, than the latter. In conclu-
sion, the Dircetors say that—" Under this conviction, them.
fore, and under the circumstances stated, having given to the
subject tlre best consideration in their power, they have corns,
to the conclusion to recommend to the Proprietors not
to carry into effect the proposed junction line to
Hunt's-bank." The report further adds, that "the public
convenience would be largely promoted by. a concentration avid
junction of the principal railways entering Manchester, anti
that this great object would be accomplished by mutual co-
operation
on the part of the different companies, on the basis
of this intelligible princir,%, that the union should be effected
on such plan as shall ;:ornbine the greatest measure of public
accommodation, 'with due regard to the convenience of
each railvtay." In the meantime, the Directors of the
Liv,n-pOol and Manchester Railway have ordered a survey
'.o be made, and plans and sections to be prepared for a general
connection line on the south side of Manchester, in order than
the requisite Parliamentary notices may be given, and plans.
lodged, to enable the Proprietors to apply to Parliament next
year for the powers to construct, or to co-operate in construct.
ing, the proposed south line, if, when they have the plans ar.d
estimates, and the whole case before them, they shall deer,, it
expedient so to do. The half-yearly dividend announcf:d
in
this Report is 51. on each 100/. share.

GRAND JUNCTION RAILWAY.--A 'special
meeting of the proprietors of this undertaking WINS held on
Tuesday, at the Cotton Sales Room, Liverpool, for the pur-
pose of declaring a dividend. The Report, which was read by
Air. Huish, the Secretary, states, that the acmunts e 7.10-
ited an increase of receipts over those of any fernier hal f-
year, the gross income being 241,816/. 4s. 6(1. 7. he ex-
penses for the same period have been 104,988/. 7s. Aid., lel!v.;
nig a net balance of profit of 136,827/. 16s. 10d. To
vq:!,
profit may be added the reserved fund, amountings.e 14;s:
interest to 9,0011. 19s. 2d., giving a total I
Company,
per cent, be paid on the whole
capitalsubsequently ordered a
From this the Directors recommend that
ofao fdtheivtdelidof six
amounting to 132,1981. The meeting
two the_ Proprietors on
anddi dividend t let nt
after
the
as also passed, allot.
A resolution'at Crewe ; • h
erection of a church
ting 1,000/. to the .
from the resection
dissenting, should have-
viso, that any person
esilxtithp
his proportion of that sum re-paid to him at ',lie rate of Ild
per cent. to be
. per,
1001. share.