The Liverpool Standard and General Commercial Advertiser.
Liverpool, Merseyside, England, 1842-02-01 00:00:00

LONDON MONEY MARKET,

The funds still remain heavy,
'the sales of money stock made to-day further acting on the
market. These sales are not supposed to be connected
with any political movement; but with the ordinary orders
of the broker who effected them. Money continues, as
heretofore, easy and plentiful, and on the security of re-
cognised borrowers, would not •command" more than 3 to
to 31 per cent. Consols for money have fluctuated be-
tween. 89 and 881. ,atul left. off 884 to 89.4 for the ac-
count; they closed 894 ; Three per Cents. Reduced, 891 ;
Three and a Half per Cents. Reduced, 994 ; New Three
and a Half per Cents., 981 ; Long Annuities
.(expiring
January 5, 1860), 12 9-16; Bank Stock, 167 k to 1684;
India Stock, 2464 to 2474 ; Exchequer-bills, 17s. to 10s.
premium ; and India BOadS,- 9s. to 11s. premium.
The tendency of the foreign securities also continues
downwards, but very little business was transacted in any
of the descriptions now in the market. Spanish Actives
left off at 25 to 4 ; Portuguese Five per Cents., 334 to
; Ditto Three per Cents., 194 to 204 ; Mexican, 29 to 41;
Danish 81 to 82; Colombian, 214 to 22; Brazilian, 641 to
654 ; and Belgian, 103 to 104.
There were fewer sales of shares to-day, but prices were
none the better. Bristol and Exeter we done at 25 tol ;
Great Western, 85 ; Great .Western, New, 591; Brighton,
364 ; Birmingham, 168 ; South Western, 52 ; Manchester
and Leeds, 77; Ditto, quarter shares, 4; Northern and
Eastern, 35; North Midland, 714; South Eastern and
Dover, 26; York and North Midland, 93; Ditto, New,
314; Cobre Copper, 33, ex div.; Hibernian, 24; Real del
Monte, unregistered, 34; and Union of Australia, 31.

SATURDAY EVENINC

THE TRACTARIANS AND THE BISHOPS

(From_ the Lo2!don. Standard.)

We have received the following announcement from a
quarter which ought to be well informed :
" A meeting of the bishops will shortly take place in Lon-
don, for the purpose of considering the present state of the
church, in reference to the doctrines lately put forth in some
of the' Tracts for the Times.' "
The time seems to have arrived when some such proceed-
ing on the part of the heads of the church as is here announced
is imperatively necessary.
We are well aware of the inconvenience, nay more, of the
danger of declaratory acts in such cases as that now pre-
sented by the state of the Church ; we subscribe fully to the
maxim that in theology as in law, definitions may be per-
lons, "definitiones lege aunt periculosce," and therefore we
are far from condemning the forbearance of the bishops up to
the present time. Many of their number, probably all of
them, to whom an opportunity has fairly presented itself,
have declared their disapprobation of both the doctrines and
practices of the tractarian sect ; and it was natural for
men, pious, candid, and modest themselves, to suppose that
advice tendered in such kind and gentle terms as those in
which the advice of the bishops has been offered, would not
fail of success. We grieve, however, to say that such advice
has failed, anti when the voice of mild admonition has
failed the voice of authority must be employed. Men who
will not listen to such appeals as the beautiful letter* of the
Bishop of Worcester, must be compelled by other means.
As long as there was a• hope that the Tractarian would
yield to the influence of common sense, of the people, of the
great body of the clergy, and of the heads of the church, we
ourselves cautiously abstained from even distant allusion to
their propagandist devices. The contest for the Chair of
Poetry at Oxford for one of the leaders in the schism was,
however, a step too daring to be safely disregarded, and upon
that contest we delivered our opinion freely ; but when the
particular affair that summoned us to act had ended we hoped
to be able to return to labours more within our proper
sphere, and for which we were not so ill qualified. In this
hope, however, we are disappointed. . The Tractarians have,
by whatever means, possessed themselves of a great part of
the periodical press, including some of the more respectable
organs of all the several classes of the press ; and every one
must be aware that, in this country, whatever is promoted
by an important division of the public press must succeed in
the end if the rest of the press is inactive and acquiescent.
They who are silent will by enemies be set down as approving
of all to which they offer no reply.
* This seasonable letter appears in our columns to-day.