The Sun.
London, England, 1842-06-08 00:00:00

MONEY MARKET and CITY NO*

FROM THE EVENING PAPER OF THIS DAY* 2.10 $
TIMES.—Now that the Income-tax Bill has passed "Lpt
law, the public must be prepared for its vigorous and 4....70-011
execution. It transpired in the City this morning, w,'oo
be received, perhaps, as the commencement of it, seaed
clerks at the Bank of England are busily engaged in rel'ire,
the calculations for such deductions as will have to b!,77, y
under that Act, for the dividends payable in next menleeit
the Act dates from the sth of April last, there will be. ',slit;
sumed, a tax of half a year, or 31d. in the pound on tee•
payments, where the total income of the parties exceed
per annum. Such is the quantity of business which is jty
at the Bank under this new arrangement, that most ~4,
clerk., it is expected, will be deprived of the summer how:
which they have enjoyed heretofore.
IN
The premium on gold at Paris is 10 per mills el y
at the English Mint price of 31. 17s. 101 d. per ellsc.,
standard gold, gives an exchange 'of 25 401 and .!,:jiiie
change at Paris on London at short being 25 50, it -sr.
that gold is 0.38 per cent. dearer in London than in rtoz,-
By advices from Hambuigh the price of gold is e.r
mark, which, at the English Mint price of 31. 17s. 10%4i
ounce for standard gold, gives an exchange of 13 7, 10,1, 0
exchange at Hamburgh on London at short being 13
„%r it
follows that gold is 0.69 per cent. dearer in London 14-
Hamburgh.
By the official returns published by the Customs, the 'l/0
of the precious metals to foreign and colonial ports for the
ending Thursday last, were as under, viz.:— Outef
Silver coin to Hamburgh
Silver coin to Madras and Calcutta 2o,riti
Silver bars to Hamburgh 3Boiall
In the foreign exchanges there was not much doing, t„„Lor
for bills upon Hamburgh again further recovered frog' riede
pression recently experienced. Amsterdam was rather h'
and Paris remained the same. - 0
A letter has been received from Newcastle-upon-11 "0
which the writer states that the alterations recently 11,2
the conveyance there of mails from London are daily pl.o
,:
great dissatisfaction. The morning mail, which until "kg
u't„ used to arrive at nine o'clock in the forenoon, bill,.
discontinued, and the consequence is that only one malt
from London is received, and that at a most inconvenient
'
since letters cannot be delivered in Newcastle before 4 1
o'clock P.M., when the business ot the day
.is over. 10
whole day is lost in the correspondence with London) of
still greater inconveniences are suffered with respect tot, ty
munications with the Continent. Thus, on Tuesday Is' oil
Dutch and German mails not arriving till the afternee°',,,, 0
days were lost before the mails were made up in Lend 0 li.
Hamburgh; and nearly double that time before they Orr
made up for Rotterdam. As a remedy, our correspendesji el
goats that the mail-coach from Lancaster to Neeics";iool
Stanemore and Bishop Auckland, should start from Lin
when the train from London arrived in the evening, er
way ot York should be taken, by which route there is 114
communication to Darlington. Either of these methods
he says, give Newcastle the advantage of an early mail. ' •
SUN.—Some purchases by the Bank broker gave .i. 0;e
toithe prices of the highest funds, which at the early pad:
day appeared inclined to recede, and they finally left og.k.,
.4
above the closing rates of yesterday. Consols for the,
ex dividend, 91* 91i; Reduced, 91i 911; Beak i,i''
1671 16E4 ; Exchequer 8i115,46 48 premium.
_;,„;,
_4
Foreign Securities appeared to be firmer than our °""
the last prices were Belgian, 102 103 ; Dutch T 0 ;
Half per Cents. 52i 52/ ; the Five per Cents., 01.
Danish, 801 811; Brazilian, 66i 671.
The quotation for Mexican was 36 36*.
nt,
The Share Market showed a trifling improvement__
e
I i 7
demand and prices. London and Birmingham,
.AL
Birmingham and Gloucester, 50 52; Great Westeres„r's. '
the Hai Shares; 601 611; South Western, 62 i,
North Midland, €5 67 ; the new Shares, 32 33 ' rdt
Eastern and Dover, 25* 251, ex. div. and new Shares"
..1
Scrip, 51 6/; Eastern Counties, 9 91; North Midle"'"''
43; Blackwell, 1034 111/4 ; Brighton, 35* 351 per SW.-
The Foreign Exchanges were almost all better 10. ,
Hamburgh being 11.11* 13.111; Amsterdam, 12.41,10 ;
1
Rotterdam, 12.5 12.5*.; Antwerp, 12.41 ; Frankfort, '
Paris, 25.75 25.80; Genoa, 25.80; Leghorn, 30.1°,01/
Vienna, 9.531 A 9.541,4; Trieste, 9.55 9.56 ; Lisbon, ey
Madrid, 36%; Cadiz, 361 361.
2 54.1
The quotations for the bonds were—Colombian, ,
' Peruvian, 18 19; Portuguese Five per Cents., 37 S'"A
Three per Cents., 211 22*; Spanish Five per Cents' .-
Stock, 21% 211; the Three per Cents., 22 22k.
Although much inconvenience has resulted of late Ve
refusals of the Bank of England, and public bodies Ow"
keep their accounts there, not to recehe sovereigns the ,
possible degree under weight, yet the great annoyenec.4c,
has been met with to-clay, to the hindrancer
of busieT ~'
not foreseen or provided for. The private bs
kef
accordance with the terms of the proelamatiolls;
declined receiving any gold which might PI; , .
low the standard, and numerous instances ha
curred in which large amounts have been
0
to the senders ; and to tradesmen especially, as well ~.
public, the loss will be material. It has been. ale"'
owing to the ordinary wear and tear, the sovereigns,
in circulation, are now depreciated to the extent of I.*
been said that as Government levy a large seignoree
the expense for coining, so they ought to make pro'
proteot the public from any loss which may arise from,
circumstances. An erroneous notion has already lr'
that the officers of the Bank " cut" each light sover.Jo
may be presented; such, however is not the case ; Ow'e
weight are merely refused and returned.

I . ORIGIN OF THE WAR
AFFGHANISTAN.
Amongst other letters from India just received
light more or less upon the state of affairs there, •
rences which brought matters in Caubul to such
pass, one of an extremely singular character may '
which from its curious details is really worthy
more especially as the lady writer asserts that
be relied upon and are well known in the hi
India. It would seem, according to this se.
woman, the " eaase of all man's woe," *as
in rerfect innocerce however, of the late di.
ghanistan. The story runs thus :—Some
arrival of Lady M'lsTaghten in Caubul, to join
Sir William, he received the news of
merit as Governor of Bombay. When
the necessary arrangements for proeee%
possession of his Government, Sir William, of
but look to the safety of his journey and the _
lady and thy other officers' ladies who proposed
her. At that time the passes through the
through which lay the route, were still infested
dangerous by the unruly tribes inhabiting them.
in order to restore tranquillity and ensure order
tribes, Sir William M•Naghten, on concluding
the chiefs, had taken the precaution of making
that some of the more influential among them f
their residence at. Caubul, soas to be under the
the British authorities. The ladies proposing to
William to Bombay, well aware of the troubled •
zie districts in the mountain passes, expressed
anxiety about the perils of the passage,and in fact a
proceed without the best security for safety. In
as the most ready mean's, Sir William summoned
chiefs in Caubul to a conference, at which 1
them his desire, equivalent to a command, that
company his party through the unruly districts,
presence and influence to secure the peaceful bel
tribes. On retiring from the conference, the
held a parley amongst themselves, and expressed
of the proposition as being a snare for carrying they;
and confining them in Hindostan, as was the '
Kakeer chief, Hadji Khan. They formed the .
sequence not to proceed with Sie„William, but as
of course, would subject them to punishment,
to
solvraiseed alan insurrection,
as th
the e only way to
lan escape
the
~,,
p
k,
bined on the spot. And this was to attae!tihee, sOs.
dence of Sir Alexander Burnes as the more forma' ,er
they had to deal with, arid to plunder the tresn' sr_till
strange enough, was held in the next house to 0170 Mitt
guarded. Early in the next morning the project,hwe tlfg.ti
execution ; Sir Alexander Burnes murdered ; '''te, IT,"
plundered. and the population, already discontee 00,0 ill,
one man to support this improvised insurrectioro_a b,„,,,,,,.
is known. At the news every district, valley. a'',l its 010012
Caubul poured forth its man and horse, contribuir'e eSP
and musket, to join in the plunder of Caubul and tu 0 021
e
of the Feringhees.
harid'hi3e.
bneiodroalubtotebdstlzwulnd from tthoisvt sontoT; Irbil:blot/001
iment 0. 01 erf•
inexpediency of permitting the accompau
_oe qi
or other female relatives of officers, in an expet:,l s ca'
not destined for the permanent occupation 0'
country.
BIRTHS. datiglitetto:l.,
On the Ist inst., the Countess Albizzi, of ,a p Hero
On the 4,h last., the lady of Captain H. Ykter, s
:sit; • ,
the East India Company's Service, of a daelgu
'of i'i"
MARRIED. Fields'' ,
On the 7th instant, at St. Giles's-in.the; gs4„00000,.
Rev. James Mapleton, William Sturges BriViosern I;if
coin's Inn•fieldi, to Sophia, eldest daughter 0, __Jo.%
Esq., of Gower-street. t Charre,
__,, ~..tree_ p _ ._
On the 7th inst., at St. Luke's, I 'l(iil nsigigtOP' • ,
eldest son of Mr. C. J. Furlonger, of "csourlt
Ann, elder daughter of Mr. C. Beard, of Fi
..ia yort
DIED
On the 4th inst., at 17,8ed1 lsee' iii °
rd-eIP'
Andrew Service, Evq.

of
~rdtlP
London: Printed and Published by 311-','' y.
112, Strt.ni:. at 7'he fins ()tree.
the County of Middlesex. Wetingsdayt •"1"

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