The Sun.
London, England, 1855-02-20 00:00:00

THE ART-UNION OF GLASGOW.

Amongst the numerous institutions of this nature
which have of late years sprung up in different parts of
the country, and which have been so beneficial and use-
ful in promoting a refined and cultivated taste for the
fine arts amongst the community at large, few have been
more successful than the .A.rt-Union of Glasgow. The
rapid prosperity which has attended it since its estab-
lishment, as evidenced by the present large number of its
subscribers, is one of the best proofs which can be ad-
duced of the energy and ability with which its ming.-
ment has been conducted, and this gratifying result is,
doubtless, in no small degree attributable to the high
class of works which the committee have selected for dis-
tribution to its members from year to year. We have before
us a specimen of the engraving, to a copy of which every
subscriber of one guinea for the current year will be en-
titled, and we have much pleasure in drawing attention
to it, as a tangible corroboration of the justice of the
frregoing remark. The work is after the celebrated
painting by W. P. Frith, RA., "Coming of Age in the
Olden Time," and is from the burin of P. Holl, which is
of itself a sufficient guarantee of its excellence. Besides
being of the best quality of line engraving, the print is,
we believe, one of the largest and most valuable ever
issued by any art-union. In addition to this, subscribers
have for every guinea they have paced on the list a
chance of obtaining at the annual meeting in July a
painting, statuette, a fac-sinnle chrorno-lithographic
copy after J. Gilberl, or some other work of art. These
are very tempting inducements to become connected with
the society, and for the assistance of such as may feel
disposed to enrol their names as members, we may state
that subscriptions will be received by the hon. secreta-
ries in London, Mr. John Watkins, 34, Parliament-
street; and Mr. Geo. Grant, 66, Gracechurch-street.

THE WEATHER IN EDINBURGH.—The frost continues,
and with increased severity. On Sunday morning the
thermometer was in town at 15 degrees Fahrenheit, in
the Horticultural Gardens 5 degrees, at Beachwood 4i
degrees, and at Craigiehall only 1 degree above zero.

MONEY MARKET

AND
COM2dERCIAL INTELLIGENCE.

CITY, TWO o'CLOCS.
The Liverpool cotton market closed yesterday
with a heavy appearance. The sales amounted to
6,000 bales, including 100 Pernam and Maranham
at 61d. to 7d., 70 Bahia at 51d. to 7-ad., 300
Egyptian at sid. to 7d., 700 Surat at 3id. to 3id.,
and 50 Sea Island at Is. 2d. to is. Bd. per lb.
Railway Shares tended upwards, but there was a

limited business doing. 2
The motion of Mr. Collier upon the subject of
the Russian trade comes on this evening, and is 22
looked forward to with considerable interest by the
merchants in the Russian trade, whose interests are E
most seriously affected by the half-and-half policy E
hitherto pursued, and who feel that a vigorous pro- I
secution of the war would soonest restore peace. I
As is pointed out by Messrs: Smith and Charles, I
the total suspension of the export trade of the Czar's
dominions would speedily impoverish his exchequer
to a degree that must contribute to the restoration
of peace. With five millions of Customs' revenue
gone, and with the people deprived of a sale for
their produce, and the manufacturing establish-
ments of raw staples for their consumption, the
distress must continually increase, and this with the
withdrawal of the agricultural population for
military service will grievously aggravate. By an
inflexible blockade, and all possible hindrances
to the indirect or transit trade of Russia, the rate
of exchange would be forced down to a point that
would compel the exportation of gold, the paper
currency being no avail, a yard beyond the
frontiers.
An official return relative ,to the debt of the
United States completed to Jan. 2, 1855, gives
some interesting particulars. On the Ist of July,
1852, it was estimated that $29,550,000 of United
States stock was held by citizens of foreign coun-
tries, since which date half-yearly redemptions have
been made in the aggregate of $10,550,.000, leaving
on the Ist January, 1855, $19,000,000 is the
hands of foreigners. For interest on this last named
sum an annual payment of about $1,100,000 will be
required. This is still outstanding, 1,500 dollars of
the loan of 1843. The amount of the public debt
on the Ist July, 1854, was 47,180,506 dollars, and
5,301,675 dollars' worth having since been cancelled
the entire debt at the present time is 41,878,831
dollars. Since the 4th of March, 1853, 27,250,556
dollars have been redeemed.
The steamer Lancefield, for the Cape of Good
Hope, is detained. Letters will be in time if posted
on Thursday next.
The Euxine, with the remainder of the Indian
mail, may be expected to-morrow.
Letters for Australia by the post-office packet
Blue Jacket, must be posted in London on the
evening of the 3d proximo.
Business in the English Stock Market is very
quiet, and prices have varied but little. Consols
have realised 90:4 to 91 for transfer, and 91 to for
account. The New Three per Cents. have been
quoted 91i to 91i, and the Reduced 91i to 91g.
Exchequer Bills are 6s. to 95., and India Bonds at
12s. premium.
Foreign Stocks are inactive, and there is very
little alteration in the prices. Mexican Bonds,
however, are lower, being 203- to 20k. Turkish are
steady at 75k, and. Chiliad' 6 per Cents. at 103.
Brazilian 5 per Cents. are 101 k, and the Spanish
Committee's Certificate is 4i.. Dutch 2i per Cents.
are 61i, and the 4 per Cents. 921.
The following are the nominal prices of foreign
stocks :—Grenada Deferred Bonds, 5 to 6 ; Mexi-
can, 20i to 21 ; Peruvian, 69 to 71; ditto Three
per Cents., 49 to 51 ; Portuguese Four per Cents.,
41 to 43 ; Russian Five per Cents., 98 to 100 ;
ditto Four-and-a-Half per Cents., 87 to 89 ;
Spanish New Deferred, 174 to 18 ; ditto Three
per Cents., 36 to 361; ditto Certificates, 4i to 5;
ditto Passive, 4 to 4i.
The Mariquita Mining Company made its re-
turns for November last from the Marmato Mine,
12,339 dollars, at a cost of 11,553 dollars.
The prospects of the mine were improving. The
Santa Ana Mine yielded 313 tons of rough ore in
November. There was a great want of firewood.
There is heaviness in the prices of Railway
Shares, and the dealings are of a limited character.
As compared with the highest rates of yesterday
there is in several instances a decline varying from
10s. to 15s. per share. The Colonial lines are
more in request, and the quotations are tolerably
well maintained, but the Foreign attract very little
attention.
Mining Shares are dull, but Copiapo are at full
rates. The Joint-stock Banks are mostly heavy,
the London Chartered of Australia have declined
10s., and also the Oriental, but the Union of
Australia are almost 10s. better. In the miscel-
laneous undertakings there has been but little
doing.

BRITISH FUNDS THIS DAY.—CLOSING PRICES,
( From the Oftet4l List.
Bu,lness done
3 per Cent. Reduced Annuities.... ......... .. 91 1
3 per Cent. Consols Annuities 9l 90i-
New 3 per Cent. Annuities
New 21 per Cent. Annuities
i..olut Annuities, Expire sth Jan., 1860 . 4 5-16 i
Ditto 30 Years, Expire 10th Oct., 1859 4 3-16
India Stock
udia Bonds, 1.1000 .
Consols for Account, Bth March 9l i 90j 1
Exchequer Bills, lid.
21000
Ditto Advertised 4 7
Exchequer 113 ends 1858, 3i per Cent. --
Ditto 1859, „
PRICE OF FOREIGN FUNDS THIS DAY.
Brazilian Bonds, 5 per Cent loli
Chilian Bonds, 6 per Cent lO3 i
- +lexicon 3 per Cent.
Ditto for the Account 2O/ i
Spanish Bowls, 3 per Cent —
Ditto New Deferred, 3 per Cent
Ditto for the Account.- l7l
FrenchDtehElDcci
Spanish Committee Cert. of Coup. not fun 44 p c
turkish Bonds, 6 per cent 7si i
Ditto 3 per Cent . • .. .
Ditto
Routes, vir:apd Exchange,
ge ed4s:2":ethrecaebnotv.e payable in London.
per Cent. 12 Gull Zii,
Ditto 4 per Cent. Certifleates ....
THREE O'CLOCK.
C msols 9oi 1.
Ditto, March Account! '

MAEKET NEWS-(TILLS DAY.

HAY MARKETS.

SMITHFIELD.—Moadow hay, 2/ 18s to 41 15s Od ; clover
ditto, 3/ 3s to 5/ 153 ; and straw, 1/ 3s to 1/ 10s per load.
Both hay and straw sold steadily, at full prices.
CIIMBERLAND.—Meadow hay, 2/ 18s to 41 15s ; clover
ditto, 3/ Os to 5/ 12s ; and straw, 1/ 4s to 1/ 12s per load.
Trade firm. _

WHITECHAPIM.—Meadow hay, 2115 s to 4' 14s; clover
ditto, 3Z 53 to 5/ 17s; and straw, 1/ 3s to 1/ 103 per load.
Supply limited and trade firm.

COLONIAL.

TEA—The public sales are in progress, consequently
there are but few transactions privately.
SUGAR—Business has been checked by the high prices
asked. Refined brown lumps have realised 42 6d, and
grocery 43s to 49s per cwt. There were taken for home
consumption last week, from the East and West India
Docks, 1,465 hhds, 184 tierces, 279 brl,. and the stock is
764 hhds, 1,526 tierces, and 897 brls. Yellow Savannah
is 32s to 365, and cloyed Manilla 27s to 28s.
COFFEE —The market is quiet, and Plantation without
change. Native good ord is 46s in 46s Gd per cwt.
RICE There is a fair deMand, but holders ask advanced
quotations. White Bengal afloat is 13s 6d to 14s.
RUM—Last week 9 puns were landed at the East and
West India Doeks ; there were taken for home consump-
tion 173 puns, 3 hhds, and 109 puns 2 hhds were exported.
The stock at eget establishments is 4,919 puns, 12 hhds.
COTTON—FuII rates asked, but very little is done.
SALTPETRE—The market is firmer. •
TALLOW —This article is dull, and prices tend downward.
P.Y.C. is quoted 56s to 56s 3d per cwt on the spot.

SHARE MARKETS.

IPaid.l

it. 100
2i 81

29
all

ft. 100
100
.0 21s.

O 16
.0 1i
i 0 45

5 all
h. 100

it. I too

(phi 3 DAY.)

RAILWAYS.

RAILWAT E.

iberdeon

Ambg. Nottng. Bost.
and Eastn. Junct...

Belfast & Ballymena.

`firming_ Wol;erh. &

tour Valley
llirkenhd. Lancsh.

Cheshire Junct

Do. Chesh. di Birk.,
£5O and £25 COWL

Do., X2O
Blyth & Tyn origina
£25 (isad. at £45,
Bristol and Exeter...

1 Calodoniam

ICarmarthon and Car

digan
(Chester & Holyhead

Cork and Bandon..

'Cork, Black, & Pass.

Cornwall
Orloff Junction
Dublin&Bolfast.Tunc.

IDundee Perth diAber

deen Jur etion

Do. Now ...... .....

East Anglian . ...

Eastern Counties...

'Closing Prises
this day.

Eastern Union,
Stock

Do., B. Stock
Do., New A

East Lancashire ....

Edinburgh& Glasgowl
Edinb. and Poobles...l
Edin.Prth &Dundee

'orth & Clyde June
Furness
Do. Extension

Glasgow &S. Weston
Great Northern ,
Do., A. Stock —
Do., B. Stock
Gt. Sth. &West. (Ire.
Great Western
Do. Stour Val. Rai
Gua. Stk..

Irish South-Eastern.'
Lancaster & Carlisle,
Do., Thirds
Do. New Thirds...

A 14i
6i 4
q. 100
L9i all
L 4 11i1
10 all
I.li all
3t. 100
SI.. 100

L 0 N
L 26 z 2,
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5 all
0,5 all
;t. 100
15 all
'2s 11
3t. 100
14. 100

221
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6, 54
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It. 'Lao

Lancash.andYorksi
Do. , Fifths
Do., Wst. Riding Un
Liv.Crsby.&Sontlipt
London & Blackwal
Lond. Bright & S.Cst
Lond. and N. Westn
Do. Fifths

i 0 3
;t. 100
.6 all
1.6 411
8 11
8 all
;t. I_oo
20
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It. Roo

Do.lo/.Sh.,M&B
Do. Eighths
London aud S. Westn
Do., £5O
Do., £4O
Lndudrry& Coleraine
Ludndrry. & Eunisk.
Aanch.Shef.& Lin& ,
Do. Shares, No. 1
Do., Mau. & Lin. Un
Midland
Do. Birmng. &Derbti
Viidld. G. West. (Ire„ )
Do. Half Shares
Newcastle & Car
Newmkt.Bury Exton.
Nwpt.Aberg. & Hrf.l
Newry & Enniskinei,
Newry Warrenpoixtt
and Rostrevor..
Norfolk
Northn.Counties Un.
North British :
North Devon, No. 1
Do., No. 2
' )0., A Deferred
Do., B Guarant.id
N. Eastern—Berwict
Do. do. Extension
.do. G.N.E. Parch.
Do. Leeds
Do. York
North London •
Do. New £lO
N.&S.Wstrn.,Hamp-
stead, and City Jn
North Staffordshire
North Western._
N. & S. Westrn. June.
Nuneaton, Hinckley
arid Leicester,
Oxford, Worcester, RI
Wolverhampton
' Portsmouth
4cottish Central ~.„
Scottish Midland
ihrewsby. 6i Horefd
Shropshire Union
South Devon
South Eastern
South Wales
Yrksh. & Riv. Dun

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no
'ytainos, Wok &Wok
Stockton & Darlin
•ItGekton & Hartlepl
Cali Vale
Do. £lO shares. .....
Do. Pref., No.
(lames Haven Doti.
and Railway
Vale of Neath
Watertl. & Kilkennx
,Vaterford&Limori. 1
West Cornwall
Nest End of Londoi
and Crystal Palace..
Nest London
Wimblodn & Croydon

;5 I a

R. lOC
10 9
25 21

'lO al:
20 al:
50 all

ali
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Business doss
this day.

16i
10
31.-§
lall
all

20
10
20
35

all
all
2

7--