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

EVENING SUN
MONEY MARKET and CITY NEIN .- C
§* -
- I
FROM THE MORNING PAPERS OF THIS DAY4:-; ye),
TIMES.—The premium on gold at Paris ii117.1014F,L11:
mille, which, at the English Mint price of 31. Irs: iOidl.; '''',,
per ounce for standard gold, gives an exchange ons*.:. ,-I,T.,tr-.,
andthe exchange at Paris on London at shortAteing- -,'.4._1
25. 471., it follows that gold is 0.62 per cent. dearer in '..
London than in Paris.
By advices from Hamburgh the price of gold is 429 i "
per mark, which, at the English Mint price of 3/. 17S. 10:kM?4i R 4% 1 k
per ounce for standard gold, gives an exchange of 13.4 - -
exchange—
follotvslithaamt,,boulghis oon.B7Lpoenrdcoennta.t
dselaurierrt:.
•,,,a!l.‘tithel3.9* it
bet.. 1 'in H b
in L-nnu,.-ei than Ham burgh.
.of exchange at Nev Y
The eourst: - York on London is
4 the Par of exchange between Eng-
-109 per cent., at-. t,, 109 ,3-40
land and America bei... .., Per cent. 44 per cent., it follows
, - against F ,ngland-
that the exchange is O.J.
ei
i Ni. v
But the quoted exchange at .. York being for bills.
'lst be deducted from
at 60 days' sight, the interest m,
the above difference.
CHRONICLE.—When the report was first spread
abroad, that the Duke of Buckingham ha:
l ceased to be,
a member of the Cabinet, the funds were in:favourably
influenced ; but now, when an interval of nearly three
weeks has brought about the event, the natio.nal secu-
rities have shown no sympathy for the patriotisng of his
Grace. It has, however, given rise to a variety o; new
sliding scales, and produced a perfect " bobbery"
be =
ssungOng
the City friends of Sir Robert. They affect, to
to look tTon the split as a matter of no consequence
alluding to t with assumed indifference, and assert-
ing that the Duke of Buccleuch will answer just as
well. But this is all outward pretence. They fear
the effect which ;he announcement will produce in
the country`, and look :vith conscious alarm to the imme-
diate meeting of Parlian:tent. One notion they have got
hold of, which the more knowing ones of their ranks
touch upon with a species of ,cunning
rranleer through the
tail of their eyes, is, that it is trU an oged affair
mere mock resignation to cheat the coun.try. The trick
is to be, that Sir Robert Peel will ifitrodutv what
House they
call " liberal measures," and pass them throug
of Commons, in order that they may be smothe:ed in the
House of Lords by means of amendments to b.' there
moved, and already agreed upon with the Premiet;• by
his Grace the Duke of Buckingham, and other NoNe
Lords. The estimate which the City monopolists have
formed of the morality of their Parliamentzry leaders,
must, indeed, be of a very low nature, when they could
suppose them base enough to lend themselves lo suc
practices.
The City is full of reports, however, on the subject
to-day, and some of them go so far as to say, that the
new sliding scale will have a maximum duty of
10s. per quarter only, instead of 15s. as formerly stated,
and the minimum to be ss. per quarter.
The retirement of the Duke of Buckingham has alle-
viated the fears which were entertained, for some t.laYs
past, that Ministers would propose a tax on funded
property, and led to a better impression regarding they
state of the country. It is supposed that the Govern-
ment have really seen the necessity of recommending
some useful change in the Corn and Provision laws, and
of lowering the tariff on articles of general consumption.
l'OST.—Accommodation was obtained on more easy
terms to-day, namely, at three per cent. on the security
of the home stocks. This favourable change in the state
of the money market, coupled with the purchase of some
small accounts by the Chancery broker, produced a rally
of about* per cent. in prices, and the effect extended to
both markets, the foreign as well as the home.
No announcement has yet been made respecting the
payment of the trifle of Spanish interest on the accrued
dividends. Senor Borrajo is certainly very circum-
spect in his movements, but he has possibly reasons
for delay with which the public generally are - little
acquainted. We hear that the French syndicate resists
the three per cent. scheme, and if such be really the fact.
another interval of at least six months will be consumed_
in negotiation and arrangements ; but there can be no
doubt the syndicate would be right in discounte-
nancing a measure the effect of which must be to bring
down the value of the Active Bonds to a figure most con-
venient to the Spaniards in the purchase of the national
properties, for this is assumed to be one of the leading
secrets Qf the Gamboa contrivance.
SITIL--The transactions in our own funds were to-
day at prices more in favour of the seller. though
the business done was not extensi-E it was Al
appa-
rent that the resignation of the Dv lie af Buckingham
gave satisfaction to those who had cccas-3ts: to do busi-
ness. Consols for present transfer impritret:,l from 881-
and 89, to 883 and 894, and from 89 and 8t1:, to 89*
and 891 for the Account. Exchequer Bills wt: re not
quite so good, being 16s. to 18s. premium, and india
bonds were at 9s. to Ils. premium. Bank Stock ralb:ed
to 1671 and 168, and South Sea Stock to 991 ; NW
Three-and-a-Half per Cents. were 9q- to 981, and the
Three per Cents. 891 to 89-a.
The Foreign Securities exhibited a trifling increase of
activity, but nothing very marked in regard to the nwve.
meat of prices. The quotations for Mexican Stock got
up to 29i. Colombian were also a shade better,
at
-.
21-7-8 to 22. Spanish Active Bonds were flat again
24 to 24:g. French Three per Cents. Rentes were at
78f. 75c., and Dutch Two-and-a Half per Cents. 51*
to 514.
The Railway Shares got up a little from the extreme
decline of yesterday, but buyers did not appear with
any degree of confidence. Great Western were at 19 to
20 ; York and North Midland, New, at 17 ; and South
Western at 20i premium. Brighton were 14i to 134.;
Blackwall 131; Midland Counties 18 ; and Northern
and Eastern 4't discount. London ,Joint Stock Bank
Shares were 24- premium, ex div.; Colonial li premium;
and Australasia, New, 51 premium.
Bills upon the principal continental cities were this
afternoon steady at the rates of Friday last.
' The following are the official returns of the e:cport.s of
bullion from the port of London for the week ending
Thursday last:—
Silver coin to Macao ....... 4,307 oz.
„ „ Belgium 4,000 oz. .

VISIT OF THE KING OF PRUSSIA TO THE
DUKE OF WELLINGTON.—The King of Prussia honoured
the Duke of Wellington with his company to a grand
banquet at Apsley House last evening, given by his
Grace to his Prussian Majesty and the distinguished
members of his unite. The banquet was given in the
Waterloo Gallery, w!tich was fitted up with unusual
splendour. His Majesty Arrived from Buckingham Pa-
lace about eight o'clock, and was escorted by his illustri-
ous host to the suite of rooms which had been thrown
open for his reception. Covers were laid for about 50,
and among those to whom invitations had been sent were
the following:—The Duke and Duchess of Cambridge
(attended by Colonel Jones and Lady Augusta Somerset),
Prince Georlo and the Princess Augusta of Cambridge,
the Duchess of Ciloucester (attended by Lady Caroline
Legge), the Duke of Sussex and the Duchess of Inver-
ness, the Duke and Duchess of Buccleuch, the Earl and
Countess of Jersey, the Earl and Countess of Westwore-
land, the. Duke and Duchess of Sutherland, the Earl and
Countess of Wilton, ir Robert and Lady Peel, did Earl
of Aberdeen, the Earl and Countess of Haddington„
Lord and Lady Stanley, Lord Fitzgerald, Lord and
Lady Mahon, Lord Clerics Wellesley, the Bight
Honourable Charles Arbuthnot, &c. In the evening
his Grace gave a soiree, for which 250 cards of in-
vitation had been issued.' The bahquet, which was in
all respects of the most recherche description, was
followed by a grand concert, consistinf almost entirely
of native talent, as the following list of the artistes who
took part in it will show :—Miss Adelaide Kemble, Mis‘
Itaintorth, Miss Hawes, Mr. Stretton, I r. narrison,
and Signor R. Costa (brother to the conductor). Lindley
and Dragonetti also gave specimens of their un-
rivalled performances on their respective instru:uents.
The concert was under the superintendence' of Si.;_pior
Costa, of her Majesty's theatre.
.AREANGEMENTS OF THE KING OF PnussiA.
—'f o-day his Majesty will receive several addresses ataucking,-
Arch-
ham Palace ; he will afterwards lutieh with his Grace the.
bishop of Canterbury at. Lambeth Palace, and afterwards
attend the banquet to be given by the Duke of CambridWe at
Cambridge House. To meet his Majesty are invited the Duke
of Sussex, Duchess of Gloucester, the Duke of Wellington,.
the Prussian Minister, Sir Robert and Lady Peel, the Duke
and Duchess of Ruccleuch, &c. The whole of the State
apartments, which have undergone re-embellishment, will be
illuminated and thrown open. To-morrow his Majesty mill
attend the Queen at the opening of Parliament, and will par-
' take of a farewell dinner with her Majesty at Buckingham
Palace. On Friday his Majesty, accompanied by his Royal
Highness Prince Albert, will jproceed at an early hour to
Woolwich, where he will inspect :he garrison, and witness the
mortar and rocket practice by the Royal Artillery, and will
embark at Woolwich the same afternoon for Ostend, on hit
return to his own dominions.
THE LITTLE WESTERN.—The proprietors of
this steamer, accompanied by several captains of the navy, and
gentlemen connected with the semmercial and with the scien-
tific and engineering interests of the country, had yesterday an
experimental trip down the river, in order to test ,the speed
and powers of th,:, vessel. The Little Western left her moor-
ings off the Brunswick Hotel at a quarter to 11 ; the tide then ;
running down, and the rind blowing from the south-west.
There was, however, but little wind, and the weather was clear
and pleasant. She was accompolied down ti:e river by one
of the fastest boats, viz, the Railway,, for which Ole waited off
Galleons, and with which she contested head 3.01 head to
Gravesend. The speed of the Little Western is eitraordi-
nary ; she reached the Nore Light within 2 hours and 55
minutes. The distance is 44 miles. This vessel is built on
an improved principle. Her tonnage measurement is a frac-
tion beyond 720 tons. She measures between perpendiculars
200 feet, measurement over all 216 feet. Her keel measure-
ment is 195 feet. Her breadth. clear of her paddle-boxes, is
rather above 27 feet ; and her lAl:with over all etceeds 47 feet.
Her deck is flush from stem to stern, cgil she has two masts
Her internal accommodations are very gNiod, as may be sur-
mised from the measurement of her saloon and cabins, &c.
The length of her saloon is nearly 44 feet, alid the room is
elegantly and commodiously fitted up, without being owl/ or
fantastic ;it is also a good height, and is 24 feet wide. ,The
ladies' cabin is nearly 20 feet long. The engines, which are
horizontal and low pressure, are of EO-horse power each. Al-
together she is a most elegant craft and an admirable sea-boat;
she has weathered a gale off the Land's-end, and proved Ler
capability to contend against a rough sea and a heavy wind'..
This vessel was built at Bristol, by Messrs. Acramans, Morgan ,
and Co. She is a vessel excellently adapted for the London
and Ramsgate station. Her prodigious speed, superior.accom-
modation, and tractability, render her peculiarly desirable for
trips in which convenience and rapidity are imperative. The
company were treated during the trip with the most elegant
and liberal hospitality by the Proprietors.
VISITATION OF PROVIDENCE.--It is our
painful duty to record the death of seven children, who
resided with their parents, snaking one family, in a house
in Long Crendon, which melancholy event has taken
place within the last fortnight. The names of the child-
ren are—Thomas Ing, son of Edmund Ing, aged 8 years;
Jane and John, twins, aged 4 years,' George, two years,
Susan, (laughter of David Markham, aged 6 years; Re-
turah, 4 months; David, 6 months. Also, within tee
last fortnight, Jesse, son of George Ing, landlord of the
Eight Bells Inn, aged s years, and Thomas, Isis brother,
aged 3 years. Also, very recently, James, the Son of
James Plant, aged 3 years, and Sarah, his sister, aged I
year.—Bucks Herald.

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