Star.
London, England, 1822-07-02 00:00:00

LONOON.

PADUA, JUNE is.

a
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THE EVENING STAR,.

TUESDAY, JULY 2, 1822.
THE FUNDS.
STOCK EXCHANGE, TWELVE O'CLOCK.
The market Is very heavy this morning, and the Jew party
are trying to get out, owing, it Is supposed, to the Public being
disappointed at the Budget, it not being so flourishing as was ex-
pected. Consols, up to this hour, 80j, with a heavy market, all
a:llers; Reduced 791.
Foauou Futons.—ln consequence of the intelligence from
Chili, that Stock is very heavy this morning, and appears on the
decline. All other securities are also very flat. —Spanish 611;
781;Chilian Russian 621; Prussian 87 ; Danish 841 ex. die.
Weapolitan 721; Columbian 102 (scarce) ; New 84.
STOCK EXCHANGE--ONE O'CLOCK.
Our market is still heavy, and every appearance of a further
depression.—Current prices:
Bank Stock 242-3 per Cent. Reduced 80 79% V 8
S per Cent. Cons. shut-3t4 per Cents. 90% 1,e,,
4 per Cents. 97 % 3/4 96 'Vs 97'/s
4 per Cent. New Anns. 983/8 96 97
Bank Long Anns.2o3/87-16—India Bonds 445.
Excheq. Mils of 01,000, 2s. pre. par
Ditto Small, par, 6s. prem.
Consols to, Acct. 81 Y 8 80%8 81.
ROYAL EXCHANGE—ONE O'CLOCK.

The panic which has seized upon the speculators in. and
holders of, almost every description of Foreign Securities,
this morning. is of such a nature as to furnish a tolerably cor-
rect idea of the great destruction and confusion which must
ultimately prevail when the public mind is rescued from the de-
lusion In which the art and dexterity of enterprize and specula.
tion has succeeded in involving it. The new Russian Stock has
only a nominal price, 82 t, but if a purchaser were to appear,
he would he served at considerably below that price. Chilian
has fallen from 86 to 78, and, from the appearance of the market,
U any person were to bid 76, he would be saddled.

Last night Mr. VANSITTART brought forward his
long-delayed Budget, but so much had previously
been developed in Parliament respecting the financial
state of the country, that the Ways and Means of
supplying the ordinary expense excited little in-
terest. The Right Hon. Gentleman put forth the
Sinking Fund as the pi imum mobile of our financial
system, and it has certainly been of great service to
bim, fur he has rendered it such a piece of complicated •
machinery, that though Lord LONDONDERRY would say
" it works well," yet there are many sensible persons
agree with Mr. Nlasent.y in calling it a hocus poems!
The fact is, that, disguise k how we may, we have
ne real Sinking Fund, nor can we have any until the
revenue does nt-r:e than cover the expenditure. Mr.
VANSITTART tells us we have a. surplus of five mil-
lions; but, as Mr. MABERLY observed, how is it made
up? In the first place, by two and a half millions
taken from the dead weight ; in the next, of 1.800,000/.
either burrowed in actual money of the East India
Company, or of Stuck, on which they had formerly
paid the dividends, and on which the Public were in
future to pay them, a new Charge being c: eated on
the Consclidalcd Fund of 700,0001. per annum far
this eject; and, lastly, by an addition, admitted by
the CHANCELLOR of Cie EXCHEQUER, of one million
to the unfunded Debt in Exchequer Bills.

ate gratifying circumstance certainly transpired
in the debate, the increase of the Revenue, which,
notwithstanding all the clamour about Agricultural
Distress, has in the last Quarter exceeded that of the
cor►esponding Quarter of last year £600,000. Ano-
ther subject was mentioned on which we are afraid
even to hope. The Marquis of LONDONDERRY, in
answer to a question from Mr. GRENTELL as to the
017,000,000 d.:e to this country from Austria, stated
that the negociation for a compromise of that debt
was now in progress, and that he had hopes of suc-
cess. What those hopes are we know not, but we
shall never look to Austrian integrity in the di;.
charge of her debts as a relief to English taxation.

The French Papers of Saturday reached us this
forenoon. The Court on that day went into mourn-

in for four days, on account of the (leach of the
Duke of Saxe GOTHA; On the preceding day a
stormy debate took place in the Chamber of Deputies,
on the new law for regulating the Customs. M.
LAISNE de VILLEVESQL/E moved an Amendment for
admitting sugars from Brazil, but was much inter-
rupted in his speech—s me calling on him not to
speak so fast; and others telling him that he said it
all the day before. He said exces.ive duties cnly ex-
cited smuggling, and read an extract of a letter from
Guadaloupe, mentiming a subsciiption for insuring
snuggling. Some Members called out for the name
of the writer; and others censured the speaker for
introducing anonymous letters. M. LAISNE de VII,
I.EvEstaur said, the letter was written by a person
'Worthy of credit. and penisted in his Amendment,
whico, however, was negatived ; and after some further
discussion on other parts of the law, the Chamber ad-
journed.—These Papers do not contain any foreign
inteliigeLce of importance.
Freindi Funds, June 28.—Five per Cents. 91f. 70c.

This t tenuon we received a German Mail, bring-
ing Papers to the 23J ultimo. The following are
extracts :

Yesterday afternoon, about four o'clock, OUT city
was visited by a dreadful tempest. The lightning
struck the Cathedral, killed a Priest who was at
prayers, wounded another, and set fire to the dome.
Speedy assistance was given, but it was dangerous to
approach the burning edifice, because the lead which
covers the dome being melted by the heat, was driven
ea aU sides Oy the violence of the AND% like raia

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