The Sun.
London, England, 1852-01-24 00:00:00

WILINMIS.

:eta& :N,-,,,,1rn, priow,. Business 0004
___ to-day.
...- - __-- --- - --
Aqua Fria ..... . ..-- _.
• , 1 IN -1 I P %
Afglo Californian •.•• • • I 0,-'• --- % P li
Au:An/Ilan ...... :. „ 5 % % %NI
Ave Maria ..... - • I
par - % p 1 0%
Illacnarvon Iron & Ct•al all .. -• •
British Iron ..... . • • • 131. Os. .• - -
iirazituai Imp. (is. St. p.) 24% 1%. - 2
Do. Cocaes and Cuiaba all 14 —1%
Do. St. John del Rey 15 2214 - 23% x.d 23
Cobre Copier , • .... •• • 40 3336 - 34%
Copiapo .. ••••• • • • •• 14 4 - 5
Eng. &Australian Copper 214 % % p 336
ileocral •• • • •••- • • • • all 9% - 10%
Gold Mountain •• . ...• 1 p 1%
~,1 exicsn st. 6. .‘merican 9 11% - 4
N, tiveau Monde . ... -• • 1 N— % P 1%
Santiago de Cuba .. -•. It % 4% - 5
Pin Croft ••• 7 814 -9%
United Mexican.. ••.• •• all 214 2u,
West Mariposa - % p. 1 0%
JOINT bTOCIEL /113./7368
4.urtralasla ... all 38 - 39% I
British North America 5O 4611 1 - 49
Colonial ....••.. • • . • - 25 11% •- 12% 12% N
Commercial of London 2O 24 -- 25 St
London Joint Stock - 17%
London and Westminster 20 28% - 29%
National Provincial Eng. 35 .. -••
Dii. New
National of Ireland ..•• 22% 17% -17 I z.d
Oriental Bank Corporat. all 30 -31 q z.d' z.d
Pri,incial of Ireland- - 25 4394 - 4.5
Do. New .. .... -.• all 15% - 1631
Union of Australia -.• all 35 - 3631
Do. New ... 2% 3 - 334
Union of London ....•• 10 14% - 15%
Union of Madrid - ...
1t
3231
Canada •••.••• • • • • • • • 32% 48 4934
Gen. Steam Navigation . 14 27% -28 28
?min. & Oriental Steam. all 70 -71 z.d
DMA ditto 10 17% -18
Royal Mail Steam ..- . • 60 77 -78• U 7714

Business dcne
14)-day.

43( %

15 14 11%
ti
24

6% %

lb% 7'

18 17%

13% %

8430 i SS 84U

60%% !4 %

14)4

6N it

97%
114(
24%

85 84% )4

30% 31 293
DO

54 .3( 39

3% 34

6% % %
8%

DMA ditto
Royal Mail Steam
Settling days for the mont
Shares, 14th and

rWe cannot bo answeri
will not be influenced by

th of Jani
29th; Acc
able for th
intorestet

.NE01713.
48 49%
27% 28
70 —7l x.di
17% 18
77 78% I 7736
nary—Ticket days for Registered
count days, 15th and 30th.
is errors of the Official Lists, and
d correspondents.]

HONE Y and COMMERCIAL NEWS.
CITY, TWO O'CLOCK.
The sales of Cotton at Liverpool yesterday were esti-
mated at 8,000 bales, of which 1,500 were taken for ex-
port and on speculation. The market closed steadily,
without animation.—Railway Shares continued de-
pressed.

We have confirmatory evidence from various quarter'
as to excessive production being a main cause of the
depression in the iron trade. Messrs. D. Short and Co.
remind their correspondents that on the 31st January,
1851, we put forth, very much at large, our opinion of
the then state of the trade in this great staple, and of its
future prospects. We then ventured to assert, that even
the moderate prices of that day were not likely to bo
maintained; because, as we demonstrated, the make of
the United Kingdom had outgrown legitimate demand;
and we insisted, that the only hope of establishing com-
pensating prices rested upon a general diminution of the
make in England, Wales, and Scotland. We submit,
that the events of 1851 have proved the correctness of
our anticipations as to prices; for it is difficult ade-
quately to portray the dreary position of this market
on the close of the past year; and the prospects before it
are anything but cheering; nor does there appear to us
any hope of brightening those prospects, so long as the
make is injudiciously kept up to its present enormous
height. Bars in Wales have crept down from 51., in
January last, to 4/. 10,3,, and even 41. is 6d. and 41. 55.
in December, and rails from 51 ss. in January,
to 41. 12s. 6d. in December last; and even at that
figure it is not easy to find large buyers fur cash; the
chief business done latterly in rails being for payment in
long dated bonds of the American Railway Companies.
For the last two months orders for Welsh bars have been
very limited indeed; and even our existing low rates fail
to tempt the buyers, to any extent at all capable of stif-
fening the market. Our exports of iron of all sorts in
1851, were little less than 920,000 tons, or more than
100,000 tons greater than in 1850, and yet they produce
no good effect on prices, which, on the contrary, have a
declining tendency. It is, we contend, impossible that
this state of things could exist, if we had not produced
too much. In Staffordshire great depression has pre-
♦ailed, and although there have been some large foreign
orders, nearly all the makers complain that existing rates
do not pay. Scotch pig iron has declined from 445. 6d.,
in January,lBsl, to 36., 6d. and 375. for ordinary brands,
at the end of December. This cannot be deemed sur-
prising, when we find, as we do, that the make of lest
year was upwards of 750;000 tons, against about 620,000
tons in 1850.

The discount and loan business
of the Bank of Eng-
land falls off still, while its assets increase. During the
week to the 17th instant the active circulation was
21,038,335/., an augmentation of over three quarters of
a million sterling. The bullion was added to consider-
ably. The deposit accounts were lessened, and this
would almost justify the belief that fuller employment
was obtained fur cash. The result of a comparison with
the previous week is as follows :--
Notes Issued
Increase
17% 17 167 i
Rest ••• •

21% 91 % 21

... 31,151,175
123,080
••• 3,247,702
increase• 22,590
Public Deposits ... 4,715,153
Decrease ... 577,371
Other Deposits •11,656,776
Decrease 345,053
Seven Day and other Bills
.. 1,171,745
.
Decrease 9,762
Government Securities ... ... 13,269,098
Increase •
35,335
Other Securities ... ..• ... 11,388 726
Decrease ... •
357,462
Notes ... ••• 10,112,840
Decrease ▪
673,775
Bullion ..
..• 17,724 887
Increase ... •
202,386
Active Circulation... ... • 21,038 335
Increase .. ..• •.• 796,855
The total circulation. of the United Kingdom during
he four weeks, to the 27th ult., was 32,918,2151., being
au increase over the preceding month of 65,5891.
The rates at which bills of exchange were yesterdald
negotiated did not exhibit an improvement eomPar4e
with Tuesday last. Paris, 90 days. was taker, at 25 0
to 45; Amsterdam, at 11 184 to 19; Hamburgh at 13
10i to i; and Trieste at 12 25 to 30.
During the fortnight to last evening, the Hon. Eastlndia Company drew bills to the amount of 226,8691. (31:1
Bengal; 42,6324 on Madras; end 3,2431. on Bombay
the mail with the West India accounts has been re-
ceived in town and the letters generally notice continuaa
dullness of trade.

The quantity of silver exported from London direct
during the week to Thursday last was 420,112 ounces,
and of gold 47 ounces.
The English Stock Market has been much depressed
again and there has been a little " banging " on account
of the French news. Consols have been 95/ to 96k for
Transfer, and the same for Account. The New Three'
and-a-Quarter per Cents, have realised 97/ to 98i, and
the Three per Cents. 964 to e. Exchequer-bills have
been down to 555. to 58s. premium.
Foreign Stocks have been neglected. Spanish Five
per Cents, have realised 23 to 4, and the Three per
Cents. 41k to 414, being about previous quotations .
Sardinian Stock is down to 89 and 88. Russian Old
Bonds have been at 112/ for the Five per Cents.
Belgian Four-and-a• Half per Cents. are 91/- to 92, and
Dutch Two-and-a-Half per Cents. 58. Mexican are
nominally 29i 4.
Railway Shares have been vary dull, and the few bar-
gains entered into have been at rather lower rates again'
except the Ages
which
eMineh Shares
have
made important discoveries.
Fria,Go

1% dia.
1
7%

ONE CLOSI3I
Anne.
O'CLOCK. Flue:4
96'78%34
1.3-;:, 14 per Cent. Arms...
3PRICKS
ICC3Seeilltti.:CßiOeßndsruolls6l66Adan Annuities
Ditto, ' •••••• /4
Long Annnso.3two erzspoircetJ.anio.llBB6so,
India. Bonds, 1,0004
Ditto under 1,0004.. ............ 68 p 68 P
00r19OIS for Account ...... ....... ,„ 951 xi 61/8 5% 96
Exchequer Biiis.
1,0001. ......................... .
5001. ............ "" 58 55
............. p
Small. .......... .............. 58 55 p
ONE PRICES OF FOREIGN FUNDS. O'CLOCK.
Mexican, 5 per Ct., ex Jan. Coupe.
Ditto, Account .....
Russian Bonds
Ditto, 414 per Cent
Sardinian Bonds, 5 per Cent.
1%
Sp Ili Lt 5 per Cent. 1840
41 lig Ditto. 8 por Cent
Belgian, payab,leli%n
,Apon9d2on.
i4vlA,2idepnedrsconentthcbGouvield
68
Dutch 2% per Cent. -
Ditto 4 por Cent. Certificates

Pm
Pm
11% X

55 P

25 50
&ntwerp • • • • • • • • •' • "•
f npt
ett errt °d
URSE OF
25 50
ZChairOo tit Xr:
Brussels ••• • •• ••• •
Ebunburgli •.M.B. 13 10%
.6.ltona oo •• •• ••
Paris, 3 days sight 25 27%
Ditto, 3 months •• 25 45
Marseilles ••••• • .. • • 25 45
Bourdeaux ••• • . • •
irranktorton 120%
Berlin • • .• • • • • • • •• • • ..
Trieste,Vienua ditt•0....... 1 212 L°
Potersburgh,,y. il.lible., 37
Madrid • •
Cadiz .• • 44%
Baroolom; .

12 11%

55 p

55 P
cLo[tfo
nucEs.

21
1121
ioo
8814
2314
4114

3IIANGE._F*iDAy.
Gibraltar
Leghorn •.: 30 e 5
Genoa2s 60
Milan .. ................
•
Naples 407.
Palermo, per 05........ 120 S•
Messina 162!
20% I
Li5b0n........ •••• •• ••
...... 52
Rio Janeiro •• •••• •• ••••
iluenes Ayres ••••• •• --
New York,6odays'slght
Philadelphia
PRIOZEI 01 atruaorl, rxil
Foreign Gold inbars.• 17 0
Portugal Gold Coin •• 0
Spanish Doubloons •• ololi
Now Dollars • • .• •• 0
0
Silverin bars - a

1% x.d

11% 11
19Ni X.l
!‘ X.l
"X X.l

17% 4% % x.l
7% 7. x.t
8% % 8
25%

LL 0
Y 'S SHIPP I —l'4 G.--; THIS DAY.)
LONDON, JAN. 24.—Wind at noon S., fresh breeze ancl
cloudy.
OFF MAEGATE, JAN. 23.—Reward, Demerara.
PLYMOUTH, JAN. 23.—Wind W.—Arrd. Cato, St.
cent ; Royalist, Barbadoes.
LIVERPOOL.—Put back, Arthur, Calcutta ; St. George,
New Orleans; Dauntless, Charleston. Off port, Robert Ste-
phenson, Laguna.
UOLYIIEAD, JAN. 23.—The Gloria, from Ibraila, is much
;,,,
strained, and it is feared has damaged her cargo, Wl"'
touched the ground.
CUSHENDALK, JAN. 23.—The Ann, of Kirkaldy, is 00
shore on the island of Rathlin ; crew and cargo saved.
SOUTHAMPTON, JAN. 23.—Wind N.W.—Arrd. ill de
steamer, West Indies.
BRISTOL, JAN. 23.—Wind W., light.—Arrd. George'
Demerara.
Mumur.Es, JA N. 23.—Arrd. Fanny, Valparaiso. I
3
BEAUMARIS, JAN. 23.—Wind S. W.-- Put back, Cice
Curacao. Arrd•
WATEItFORD, JAN. 23.—Wind S.S.W. to W.N. W.—
Mariner, Buenos Ayres.
SWANSEA, JAN. 23.—The Charles Napier, for Cuba, must
discharge, having struck heavily.
SUNDERLAND, JAN. 23,—.W A•
§hi! Bubriaridu9Wo4s.gWaliTyAl Urradiallaualiii-'133:111