The Sun.
London, England, 1842-05-04 00:00:00

SUMMARY OF NEWS

MONEY and COMMERCIAL NEWS
CITY, QUARTER TO THREE.
The Stock Market has been rather heavy in consequence of
a sale of Consols by the Chancery broker. Consols
for Money are 92% to 91; Ditto for the Account.
92% to 923/4 ; Reduced Three per Cents., 91% to 91,1;
Reduced Three-and-a-Half per Cents., 99a to 994- ; New
Three-and-a •Half per Cents., 1001 to loin ; Long Annuities,
12; to 12 13-16th ; Exchequer Bills, 37 to 39 premium ; India
Bonds, 20 to 22 prem. ; Bank Stock, 167 to 1671 ; India
Stock, 247 to 2471.
In the Foreign Market an improvement has taken place in
Mexican, owing to a few put chases by influential dealers.
The quotations are—Spanish Actives, 23; to 24_; Ditto, New
Three per Cents., 23?, to 231; Ditto, Deferred, 12*
to 121; Passive, 4; to 5 ; Alexican, 341 to 344 ; ditto; Deferred,
10% to 101- ; Portuguese 37/ to 38; do. 'three per Cents.,
22* to 2:4 ; do. Converted, 31 to 32* ; Dutch Two-and-a-
Half per Cents., 52; to 53 ; do, Five per Cents., 101 to 101/;
Colombian, 26a to 261.
Cautions against speculations in the bonds of various of the
insolvent foreign States, and in Spanish particularly, have from
time to time appeared, and certain charges which have been
made at Madrid against the Government, and still remaining
uncontradicted, prove that these cautions have not been without
foundation. The finance Ministers there published, in the
official gazette, the account for the Three per Cent.
Stock newly created, which, by a comparison with
the estimated arrears of interest. shows an excess of
above seven millions sterling. The whole of this torn
has doubtless been sold here and in some of the conti-
nental markets, as well as at Madrid; the late fall there
in this particular stock is now accounted for, as is also the con-
duct of the Parisian Syndicate, in refusing it a place in their
official lists. It is not the first time that such proceedings
have been carried on, and these conversions afford an oppor-
tunity of perpetrating the fraud, too tempting to be resisted.
But a few years since, a depression occurred in the price of
Spanish Stock, which gradually declined from 60 to 16, and it
was ultimately discovered, that parties at Madrid, at that time
connected with the Government, had forwarded to various
cities large parcels of bonds, which had been delivered in and
supposed to have been cancelled, to be sold for what
they would fetch, to the destruction of the property of the
holders of the original documents, and to the ruin of unfor-
tunate speculators. It is much to be feared that something
similar has now been attempted, and it appears suspicious that
the Government, when challenged with figures, has not dared
to refute the charge.
The intelligence from China has completely paralised the
Tea Market, and apparently not without cause. If it be
correct that Sir H. Pottinger be about to proceed to Pekie
for the purpose of putting an end to the present state
of affairs there, it may be expected that trade will shortly
be placed upon a satisfactory basis. Meanwhile, if the
forces be withdrawn from Canton, the opportunity of ship-
ping teas and other produce will be eagerly embraced; thus,
these movements will either way cause increased imports. A
gentleman lately arrived from Hong Kong gives an interesting
account of the progress of that settlement. Building and culti-
vation arc rapidly going on, and the Chinese appear to be
anxious to assist the English in every possible manner. A
complete revolution in their notions of us has taken place, and
it is stated that they infinitely prefer living under our
protection to that of their own Government. It is
said, and apparently with correctness, that no settle-
ment has been made for years, likely to prove so valuable
to our commerce as this, whether it be considered with regard
to its relations to China, or its proximity to the whole of the
Indian Archipelago, the Phillipine, and other numerous groups
of islands in that quarter.
Orders have been given to detain the mail, which was to
have been despatched to India to-day, until the 6th, io order
to afford an opportunity of answering the letters hourly ex-
pected via Marseilles.
PRICES OF SHARES THIS DAY AT ONE.
RAILWAYS. Paid. Per Share.
Edinburgh and Glasgow
Great Western
Ditto New
London and South Western 3B/ 63/...... to 64
Manchester and Birmingham ••• 40
Northern and Eastern
South Eastern and Dover
Ditto Scriii 5 9 ...... to
York and Narth Midland
COURSE OF EXCHANGE—(YESTERDAY.I
Amsterdam CF. 12 71 Gibraltar
Ditto, at sight
ti U l2 8 ,Genoa 25 95

Rotterdam
Antwerp
Hamburgh M.B. 14 0 Venice ................. •
Altona
Paris, 3 days' sight ... 25 70 Palermo, per oz
Ditto, 3 months 25 95 Lisbon .....................
Marseilles .. .. ...
Bourdeaux 26 0 ,Rio Janeiro
Frankfort on Maine— 1521 :Bahia ..
Petersburgh, 3Us ... 3(4 Buenos Ayres
Berlin ..... ... ............ 7 New York, 21 days sight 46i
Vienna, effee. fl. 3M. 955 iPhiladelphia 46
Trieste, ditto ...... .. ... 9 56 (Foreign
or BULLION, PER oz.
Madrid
I
Cadiz 36 Portugal Gold Com ...0 0 0
Bilbao
Barcelona
Seville
LIVERPOOL COTTON MARKET, MAY 3, was dull, and the
transactions altogether amounted to 2,000 bales, of which 200
were for exportation.
LIVERPOOL SHARE MARKET, MAY 3.—South Eastern and
Dover were again in very good request ; other Shares re-
mained as previously noticed. The sales included Eastern
Counties New, W. 15s. 5d.: Grand Junction 191 ; London and
1 Birmingham, 181 ; Brighton New, 8*; Manchester and Leeds
Halves, 39i; Quarters, 64; North Midland, 65*; South
Eastern, 32h ; New, 41 premium ; York and North Midland
Halves, 33k.
MANCHESTEN, STOCK EXCHANGE, MAY 3.—We have had
a good market to-day. and prices continue firm. Manchester,
Bolton and Bury, 62; Manchester and Leeds, 88; Ditto
Quarter Shares, 6i 6/ ; South Eastern and Dover, 311 32 ,
Ditto New, 4 ; District Bank, 101. 93. ; Rochdale Canals, 65'
k.

SPORTING INTELLIGENCE.
(RECEIVED THIS DAY.)
CHESTER RACES—TUESDAY.
The Produce Sweeps. of 50 Soya. each, h ft. Colts, Bst 41b,
and fillies, Bst. 2 miles. (8 Subs.)
Mr. F. R. Price's gr f Valentine, allowed 3 lbs (Cartwright) 1
Lord Westminster's f irony, allowed 3 lbs 2
The following al,o started :—Lord Stanley's f by Voltaire,
out of Mysinda (allowed 3 lbs.) and Sir R. Bulkeley's Wide-
Awake.
The Tradesmen's Plate of 200/., added to a Handicap of 25
Soya. each, 15 ft, and 5 only if declared. Twice round,
from the end of the Dee stand. (64 Subs., 26 paid 5 Soya.
each. )
Mr. Plummer's Alice Hawthorn, 4 yrs, 6st (Hamby) 1
Mr. Kirby's Lanercost, aged, 9st 91b (Tetnpleman)
Mr. Holmes' Vulcan, 5 yrs, Bst 51b (Darling)
Lord Westminster's Satirist, 4 yrs, Bst 71b 0
Lord Miltown's Cruiskeen, aged, Bst
Mr. Graydon's Clinker, 6 yrs, ist 121 b
Mr. Fowler's Cormorant, 6 )rs, 7st 91h
Major Hay's Retriever, 6 yrs, 7it 81b
Mr. Newsham's Nancy Dawson, 5 yrs, 7st 71b
Mr. Greville's Rory O'More, 6 yrs, istslb
Lord EgFriton's The Young-'un, 5 yrs, 7st Mb OO
Coigne' Cradnak's Pagan. 4 yrs, 7st Sib
o
Lord Chesterfield's Marshal Soult, 4 yrs, 7st 41b (fell) 0
Colonel Crawford's Ermengardis, 4 yrs, 7st 21b OO
Mr. Smith's The Maid, 5 yrs, 7st 0
Mr. C. St. George's Jolly Tar, 4 yrs, 6st 101 b
Lord Miltown's edhawn, 4 yrs, sst
Mr. Ogden's Brother to Harpurhey, 4 yrs, sst
Lord G. Bentinck's Topsail, 3 yrs, a feather
Lord G. Bentinck's Tripoli, 3 yrs, a feather 0
Lord G. Bentinck's Proof Print, 3 yrs, a feather
Betting-4 to 1 agst Alice Hawthorn, 7to 2 agst Marshal
Soult, 5 to 1 agst Vulcan, 11 to 1 agst Lanercost, 10 to 1 agst
the feathers.
Won cleverly by a length ; Tripoli was fcurth, though not
placed. --......,

FATAL AconENT.---Yesterday afternoon, about
five o'clock, William Steadman. a man in the employ of Messrs.
Cox, brewers, near the Greenwich Railway, Parish-street,
Horsleydown, was set by his employers to mind the gig of a
customer. The horse, a very spirited animal, remained quiet
till the train crossed the arch over his head ; he then reared
and' became unmanageable; at this moment the horaes of a
waggon belonging to Messrs. Bell, of Covent-garden,Askien
with potatoes, took fright at the noise, and the gig coming in
contact with them, the deceased was thrown under the waggon
and ►he wheels passed over his hotly. He was removed to the
wurkil: 1.15,, of ;:t. c'sj:irt.4l:4l
wediatel).

AND
Public ,ispintott.

" Who runs may read."

PO EItGN.
The French Journals are filled with the usual anni-
versary speeches addressed to the King by all the public
bodies in the State on the occasion of celebrating his
Majesty's birthday. The custom is exceedingly silly and
troublesome to all the parties concerned, and ought to be
got rid of as quickly as possible.
The Infant Prince Count d'Eu was baptized on Friday
morning at Neuilly by the Archbishop of Paris. The
names given to the young Prince are Louise-Philippe-
Marie Ferdinand Gaston. Their Majesties were the
Sponsors. The Cure de Neuilly and the Chaplains of the
Palace were present at the ceremony. We are happy to
learn that her Royal Highness the Duchess de Nemours
is proceeding favourably.
A return of the real property of the State has been
distributed to the members of the two Chambers, by
order of the Minister of Finance. The approximative
value in capital is 1,283,441,698 f. That part of it de-
pending on the War Department is estimated at upwards
of 206 millians, and the portion relating to the Marine
to 125 millions. The forests are valued at 729,563,2831.,
and the domains at 8 millions.
The amount received by the Paris Savings' Bank in
April, from 24,492 depositors, of whom 3,137 were new
depositors, was 3,575,145 f. The amount of reimburse-
ments was 2,693,000 f.
PAIVLIAIVIENTAR.Y.
The Lord Chancellor stated last night, that the Lu-
nacy and Bankruptcy Bills had been read a first time
but that he found such contrary opinions on the Loci
Courts Bill, that he had not been able to lay that on the
table ; whereupon Lord Abinger expressed a hope that
it never would be laid on the table, and, if it were, he
should oppose it. Lord Brougham thought it ought to
be proceeded with before the Bankruptcy Bill.
Several petitions were presented, including the petition
of the Provisional Council of the National Complete
Suffrage Union. Their Lordships adjourned, at an early
hour, till Friday.
Captain Plumridge was reported duly elected for Pen-
ryht, and Falmouth.
The Southwark Improvement Bill was read a thir
time, and passed.
On the Commons refusing to agree to Mr. Wakley's
motion to the Lords' amendment to the Ormsby Inclo-
sure Bill, it appears that the Lords had thrust into the
Bill a clause taking away the rights of certain cottagers,
and this clause the Commons, instigated by Mr. Wakley,
refused to adopt.
Ia answer to Mr. Hume, Sir Robert Peel stated that
Captain Elliot was to proceed to Texas, and was only
kept here to give the Treasury some information about
expenses at Hong Kong.
The House was occupied for the remainder of the
evening with a debate on Mr. T. Duncombe's motion to
hear the persons who signed the National Petition at the
bar of the House. The Hon. Member brought, the
condition of the people, and their claims on the House,
clearly and distinctly before it, and quoted several do-
cuments to illustrate their great misery. Mr. Leader
supported the motion, and was followed by several other
Members of the Liberal side. Mr. Macaulay took a
vehement part against the petitioners. professing to a
.onsiderable extent acquiescence in their doctrines, and
yet villifying many of their objects. That Sir R. Peel
and Sir J. Graham should oppose the prayer of the
petition was natural, but it wa§ not so certain that Lord
John Russell and Mr. Macaulay should take part against
the petitioners! They did, however ; and on a dioision
the motion to hear the petitioners at the bar was lost by
287 to 49. The House adjourned at Half-past One o'Clock
PLTIII.IC OPINION.
The Herald expresses its doubts as to the genuineness of
the three million signatures to the Chartist petition, and
adds :—" We must repeat the expression of our fears that
among the 3,315,752 signatures, a whole legion, at least, are
factitious or fictitious. We are informed, for example, on the
authority of a personal friend who was residing in the north
when this petition lay there for signature in his ancient city,'
that one individual alone—(more alive to the pleasure, what-
ever it be, of doing ridiculous things, than to the possible con-
sequences of doing them—or to the serious interpretation pos-
sibly to he put upon his unreasoning follies)—was known to
have signed this Chartist petition about a dozen times over,
under the most absurd designations ; for example, the initial
verse of a slang song. Is this so, or is it not? if we are re-
minded that it can be worth no man's while to look for such
nonsense amidst the swarming population of three millions and
a half of the names of the children of men, we must reply that
that very consideration suggests the most insurmountable reason
for withdrawing our faith from the genuineness of the identity
or appellatives of such an unaccountable petitioning nation I"
We take the following from the Chronicle :—" A Govern-
ment may be defectively constituted according to a given theory,
and yet acceptable to the people under it, from a general con-
viction that it is honestly and justly administered, while
another Government, more perfectly constituted according to
the theory in question, may possess little of that confidence of
the people, from a general conviction that the interests of
classes are consulted at the expense of the community. The
Reform Bill, with all its defects, allows greater influence to the
people than they before had, but it has become unpopular be-
cause class interests are still found to be more powerful under it
than the interests of the community. The Legislatua. has
openly and unblushingly acted in opposition to the principles
which the wisest and most enlightened men have sanctioned by
their authority, as the best calculated to promote the welfare
of the community. The existing Constitution, under the
Reform Bill, has placed power in the hands of men who have
abused it for the furtherance of their own class interests."
In an article, suggested by the Chartist petition, the Times
makes the following comments :—" The existence of the
Chartists is not indeed a formidable, but it is a serious, fact.
It is serious to find a confederation in an address intended for a
large, and necessarily inflammable, body of their fellow-coun-
trymen, telling them, as quoted by Mr. Duncombe, that they
have been driven into poverty and starvation by political
causes which they have no power to destroy, and scarcely any
liberty to describe in Parliamentary petition ;' that they (the
Convention) are sensible that it is almost a mockery of jus-
tice to ask the starving to be submissive and to bow their
famished bodies to the footstool of oppression ;' that they
have expressed their hostility to the system which has strip-
ped you, misled you, repressed your murmurs by force, suti-
dued your complaints by a demonstration of steel and threatened
butchery ;' and finally, begging them to wait, like themselves,
with patience and subdued feeling,' the answer of Government,
on which they are now ' preparing to advise on the future
course to be pursued.' All this is not formidable, but it may
'rhe Post says
soon become so."
We do not argue that the Income-tax is
without grave objections and great faults. We cannot arg,ue
for that, because we do not believe it. We account the In-
come-tax to be a very great hardship upon the greater number
of those who will have to pay it. In some respects it is a very
objectionable tax. But its redeeming quAlity is that it spares
the poor. It does not, to the same degree, or nearly to the
same degree, as any other tax would, abridge the poor man of
his comforts, or render him unable to obtain a fair supply of
the necessaries of life for his family. But the Whig-Radicals
exclaim that the poor, though not directly charged with the
Income-tax, are not independent of its operation—that it is to
them a real injury. This we do not deny, but we complai
that nothing but the bad side is held up by the Whigs to publicn
observation."
The following is from the Advertiser :—" In rejecting the
motion of Mr. 'I. Duncombe last night, the House of Commons
most flagrantly violated the Constitution, and committed a
breach of trust which in the ordinary relations of civilised life
would subject the perpetrators to the penalties of the criminal
law. Mr. Duncombe moved that the National Petition,
signed by upwards of three millions of people, presented on
the previous day, be taken into consideration, and that the
petitioners be heard at the bar of the House, by themselves.
their counsel, or their agents, in support of the allegations of
that petition.' Leaving out of the question, for the moment,
the policy or impolicy, justice or injustice of the claims put
forth in the petition, we contend that the House of Commons
cannot adduce the shadow of justification in refusing to hear
expressed at its bar the opinions of three millions of the people
—from whose supposed representation it derives its power."
MOZir7tyr—TILES.IIE—COIVIVLERO76.
The Southwark-bridge Company held their annual meeting
yesterday, when the Report stated the total amount of the
bridge-traffic to have been nearly 4,0001. for the year, and the
net profit of the pier to have exceeded 3001.
The annual meeting of the Church Missionary Society was
held yes;erday_ at Exeter Hall. Missionary labours in India,
Africa, New Zealand, and other British Colonies were reported
to have been successful. The total amount of the year's re-
ceipts was 90,8211., and of the expenditure 110,8081 , leaving
a deficiency of 19,987/.
The 10th anniversary of the Literary Association of the
Friends of Poland was held yesterday, in the Sussex Chamber,
St. James's, when the Report stated there were now 40 Poles
dependent on the Institution, being two more than last year.
The fete at Stafford liouse, as'isted by Mademoiselle Rachel,
produced 8761. The Guildhall entertainment, aided by Miss
A. Kemble and Miss Rainforth, 7361. Subscriptions of 6601.
were announced, and a separate donation of 1501. for educa-
tional purposes.
Above 4,0 sail of vessels have been detained in the Channel
by the late east winds ; the arrivals, in consequence, have been
so few in the Pool, above Greenwich, that it appears almost
deserted. Wharf and dock bus'ntss, and the trace of the ma-
ritime impeded by this cause, thousands of
coal-whippers
snhorernen have been dot of employment for
weeks
districts
pa st.
ia
nnbdeg
the
h e
course of to-morrow upwards of two
hundred sail may be expected in the river, several of them
from the East Indies, with very valuable cargoes of silks, in-
digo, teas, &c.

LAW AND pOVICE.
Mr. I. N. Wigney and Mr. Clement Wigney were yesterday
re-examined by the rn....,rnmissioners, and the examination of
the former concluded ; the investigation into the transactions
of the latter gentleman will be proceeded with in private to-day.
A final examination is fixed for the ensuing 16th of June, and
the audit for the 10th of October.
James Curzon, or Hurryman, charged with the murder of
Duncan Crawford, on the Isle of Dogs, five years ago, under-
went another examination at the Thames Police Court yester-
day. The poisoner
complained that a material witness in his
behalf had been kept out of the way by the police inspectors,
and in order to afford time f.r his appearance the Magistrate
remanded the prisoner until Friday.
The Old Bailey Sessions commence on Monday next, and it
is supposed that Good's trial will take place, on the ensuing
Thursday or Friday. Lord Denman takes the trial.
n the Bankrutc
of I
Lcadenhall.strp et passedy his final examination. His Robinson,
Court esterday, Thomas Robinson late
amounted to 50,0001., and the asset' to 5,000/. ; this large
deficiency being attributed to tallow speculations in 1840.
At Marylebune Police Court a young foreigner, named
Theodore de Folley, a flute player at the Opera-house, was
held to bail in 100/., and two sureties to the same amount, on
a charge of attempting to stab and shoot Mr. Bartlett, for
many years a hairdresser and perfumer in Regent-street. It
appeared from the statement of the rlaintiff, that his wife had
been seduced from him ; and as he met him on the previous
evening he demanded h.s card, when the flute player first drew
nut a dagger of bright steel, with an ivory handle, silver mounted,
then a pistol, and ran off as fast as his legs could carry him,
but was stopped by plaintiff and given into custody.
prig-
A piece of gold, weighis;ng five ounces and a half, the
heaviest piece of unwrought gold yet found in Ireland, was
picked up in the Wicklow mines recently.
ZATZIMAIty AND SCLENTIrIC.
The copyright of Rossini's new " Stabat Mater," has been
purchased by Signor Gabussi, the Italian composer, for 10,000
francs. After the excitement it has created at Paris, Bologna.
Milan, and Berlin, it is singular that in this country it has not
h.3en pe,f,.rti•cd.
I Mr. Calcraft's Dubtia Ineatro ltoyat closed on Saturday,

BROWN V. KEATING.
The hearing of this part-heard cause was continued tc-day.
The facts present no feature of general interest.

VICE-CHANCERY-(THIS DAY.)
(Before the VICE-CHANCELLOR Of ENGLAND.)
Causes of no interest, except to the parties cuncerned, occu-
pied his Honour, the Vice-Chancellor of England, the whole
morning.
His Honour Vice-Chancellor BRUCE did not sit to-day, in
consequence, as was stated, of its being levee-day.
( Before Vice-Chancellor WIGRAM. )
IHALLALIEU V. MILLER.
This cause was mentioned to-day, and was ordered to stand
over until the Counsel had agreed upon a case.

QUEEN'S BEIsCH.—(THIS DAY.)
The Court was occupied with the ease of the Queen v.
Elmes, which was a motion fora new trial, and merely involved
points respecting a right of passage. This cause was likely to
engage the Court the whole day.

EXCHEQUER.-(THIS DAY.)
The Court was occupied to-day in hearing causes upon the
special paper, nor.e of which involved matter of general interest.