The Sun. — 1842-07-07 (London, England)

COMMERCIAL NEWS.  CITY., QUARTER TO THREE. The markets have become heavy, but without any business having been done In consequence. It is attributed to a report that an attempt had been made to assassinate the Premier, which, -however, is considered to be a pure invention for St'dck Exchange purposes. Consols having been 911 sellers, ire glow 911 buyers for Money, 913 for the Opening on the 15th instant, and 913 911 for the August Account ;Three per Cents. Reduced, 914 ; Three-and-a-Half per Cents., 100 100% ; Three-and a-Half per Cents. Reduced, 1003 ; New Threeand-a-Half per Cents., 993 100; Bank Stock, 167 ; India Stock, 249 ; India Bonds, 24 26 ; Exchequer Bills, Old, 47 49 ; New, 44 46 prem. Foreign Securities are as yesterday. The Dutch Two-anda-Half per Cents., 511 51%; the Five per Cents., 101 1013. The quotations for Mexican are 353 353. The Share Market has been ht in consequence of the heaviness of the funds. The sales have been—South-Eastern and Dover, 233 ; Eastern Counties New, 61. 6s. 8d ; Blackwell, 91 ; Brighton Loan Notes, 73; Northers and Eastern, 41 ; Great Western Half Shares, 613 62. The Bonds quoted to-day are Colombian, 223 ; Spanish Five per Cents., 213; and the Three per Cents., 211. It is reported that instructions have been given to the various finance agents of the Foreign Governments, as well as to the leveral Companies, to retain the Income-tax from the dividends which may be paid through or by them. Papers from Hobart Town to the bth of March have been received, but contain no public information. Private letters however state that the markets have improved, and the appearance of business to be more favourable. A Morning Contemporary has published an article upon the dangers and unprofitableness of sheep-farming in Australia, but accounts all disagree with the view thus taken. It certainly appears difficult to suppose any less can arise from this branch of industry, when the high prices obtained for the wool in this cisuntry, and the rapidly increase in quantity is taken into consideration. The newly located district of Portland Bay is particularly singled out for the attack ; but letters received from thence yesterday from a settler mention that the inhabitants are all doing well, and in high spirits at the prospect of shipping from 4,000 to 5,000 bales of wool during the present season. There is no reason to doubt the correctness of this, although it be completely at variance with the statements put forth this morning. The natives have all along been represented as comparatively quiet, and more inclined to retire further into the interior as the colonists advance their settlements, than to dispute possession of the ground. That some murders have taken place by them is doubtless the fact, but that they are of frequent occurrence, or that the aborigines are so decidedly hostile to Europeans, cannot be admitted. At a time when so much distress exists at home, and the accounts from almost every colony state the impediments which exist to improvement in the want of European labour, and the advantage to be derived from agricultural pursuits, it is difficult to imagine the precise object to be attained by the misrepresentations so frequently and assiduously published with regard to emigration.