The Sun.
London, England, 1852-05-10 00:00:00

10, 18b2.

FOREIGN.

Railways. Nominal Prices. Business done
to• day.
Cent. France (0.V.) all 22% - 23%
Char!. & Erquel. all pd 13 -15
Demerara all pd -
Dutch Rbeuish...Bl. pd 312 -3% dis.
East Indian 18/. l d 4 -4% p
Do. Do 20/. pd -
Gt. Indian Penin. all p 1 - 11/4 p
Do. Do. _4% pd M - P
Lour. a la Sambre 71/2
Luxembourg _l3/. IA - 4M 4%
Do. (Railway) 101. pd 3% - 31/4
Do. l/. pd - 94
Do. (Canal) 2t. pd % -
Maria Antonia 27 pd 8 -10
Do. New ......... 8% pd -
Namur & Liege all pd 6 - 614 61/4 Ni
North. of France,l6/.pd 23 - 23% x.d 233% x.d
Do. 20/. 3p c. 13ds, all pl 3 3's - 13:Y8 131/4
Orleans & 80r...111. pd 41A - 43.8 p 15
3%
Paris & Lyons 6l. pc] - p
Paris & Orleans all pd 46 -48
Paris & Rouen all pd 30 -30 ,A
Paris & Stras. all pd 22 - 22%
Rouen & Havre._ all pd 11% - 11%
Sambre & Meuse all tad 4% - 5
St. Andrew's & Quebec
(A) 4/. pd
Tours & Nantes 17/. pd - 538 dis. 111
West Flanders...B% pd 3 -
West. of France 6/. pd - 2 p 1 7%
MINES.
Agua Fria all pdi % - % p 1% Ns
Anglo-Californian, all I)! 3 - 3s P
Asturian 15/. p I -
Australasian 21. pd - 1 p
Australian 5/. pd %- 1
Austr. Freehold all pd 38 - % dis.
Ave Maria all pd % - % dis.
Blaenarvon I. & C. all p -
Brit. Austr. Gold all pd - 18 die.
British Iron 13/. 15s. p -
Braz. Im. (is. sp) 24% 112 - 2
Do. Coca. & Cui. all - •••
Do. St. Joh. del R. 15/.1 -
Carson's Creek all pdl par - p
Cobre Copper ...401. pd -
Colonial Gold 1/ pd. %- 34 1%
Eng. & Aust. Cop all - 1/4 P
Gold Mountain all pd % dis.
Great Polgooth all pd 7/8 - 134 p
Mexi. & S. Amer. 9/. p - •
Nouveau Monde all pd %dis. - 1/4 p
Port Philip ... pd par - 1/4 p
Quartz Rock all pd %dis. - par
Santiago de Cuba 103/ 11% - 12% 11% 11
Tin Croft 7/. pd 11 -12
United Mexican all pd -
West Mariposa-all pd %- % dis
New Granada, 7/8 1.
ZOrNT-STOCK. 33ANILS.
Australasia all pd 45% - 4612
Brit. Nth. Amer. all pd 62 - 53%
Colonial 25/. pd 11% - 123% 13
Corn. of London 201. pd 25 -26
Lon. & County 20/. pd -
London Jt. Stk. 10/. pd 18 - 18%
Lon. & Westrn. 20/. pd 283/ - 2914
Nat. Prov. Eng. 35/. pd
Do. New lOl. pd -
Nat. of Ireland 22% p 173/ -17
Orient. Bk. Corp all pd 34 -36
Prov. of Ireland 25/ pd. 441/.2 - 45%
Do. New......... all pd 15 7/8 - 16%
Union of Austral. all pd 42 - 42%
Do. New 234 pd 3 - 31/a
Union of London 10/. p 143/ -15 'ls
Union of Madrid all pd -
Canada ......... 32%M ISCELLANEOUS. d 48 - 49%
Eastern Steam...2s. p
pd - -
Gen. Stm. Nay. 14/. pd 128% - 29
Penin. & Or. St. all pd 80 - 811%
Do. Do. l5l. pd i 33 - 33%
Royal Mail Stm 60/. pd 7612 -77
Universal Emigration
and Colonization, 2/. p --S
MONEY nnd COMMERCIAL NRWC

'NEY and COMMERCIAL NEWS.
CITY, TWO O'CLOCK.
The railway meetings announced are the following:—
Ambergate, &c., May 19—Nottingham.
Belgian Eastern Junction, May 28—Brussels.
Caledonian, May 19—London Tavern.
Derbyshire, Staffordshire, and Worcestershire, May:2l—
East and West Yorkshire Junction, May 10—Knares-
borough.
Edinburgh, Perth, and Dundee, Juno 2—Edinburgh.
Groat Western, May 12—Paddington.
Killarney Junction, May 11—Kingsbridge terminus.
Manchester, Sheffield, and Lincolnshire, May 13—Man-
chester.
Thames Haven, May 18-13asinghall-street.
Waterford and Kilkenny, May 28—London Tavern.
West Flanders, May 18-61, Moorgate-street.
Ditto May 26—Bruges.
York and North Midland, May B—York.
The very unsatisfactory controversy respecting the
value of Californian mines and titles, would probably
soon cease if the example of two leading companies were
followed. The Agua Fria took advantage some time
back of Mr. Wright's presence in England to obtain for
the shareholders a full explanation of their prospects,
and these were deemed very encouraging. Otter com-
panies, we have reason to believe, are much better off
than has been supposed, and have their capital almost
wholly at command, pending the decision of the question
of titles. The most sensible and straightforward course,
however, that we have seen in respect to the restoration
of confidence, is that adopted by the directors of the
Carson's Creek Mine. The board determined to send
out a deputation to California for the purpose of satis-
fying themselves upon these important points:-
Ist. The title of the present proprietors to the mining
property, and the lands on which the same are situated.
2d. The constitution of the company—the names of
the members now constituting it—the shares in which
they are entitled—the names of its officers—and the fact
of its having been incorporated according to the laws of
California, consistently with the laws of the United
States—and also the legal incidents and consequences of
such incorporation.
It is under a " Squatter's title " that the mines and
lands of the Carsons Creek Company are held. It is
represented that the mode of acquiring rights to land by
American citizens, in every case of annexation of a new
state to the United States, has been for parties to appro-
priate a district of land of a defined extent of territorial
surface, and to enclose and improve it, and that upon re.
gistering a claim to the land so appropriated, in the dis-
trict court of the county, with certain forms prescribed
by the court, and also registering such claim in the court
of the country or state, the location is surveyed, and the
right of the party appropriating it is confirmed; and that,
this ceremony performed and completed, the registered
proprietor acquires, according to the laws of the coun-
try, an indefeasible freehold title to the land. It must be
ascertained whether this is the law of California; and
also, what is the law of the United States on this sub-
ject, and whether all the requisites have been performed
by the proprietors of the Carsons Creek Company for
securing the title to the several locations as freehold.
As to the constitution of companies in general under
the Act of Congress that regulates them, it is recom-
mended that particular inquiry should be instituted.
Then as to the second grand object of the deputation, the
value of the mine, the title has been looked to, and the
locality and extent, and an examination is to be made as
to whether veins of gold in the quartz rock of the
mine be, as stated, visible to the nuked eye; whether
there be an abundance of timber, and an unfailing sup-
ply of water power on the location of the Stanislaus
river, and whether the location on Carsons Creek be of
the high value it is represented to be, as a sit© for the
erection of machinery for the purposes of the mine.
You will of course descend the mine. It has been re-
presented to the board, that the ore from the deepest
shaft yet sunk (a depth of 83 feet) is richer than that near
the surface; you will carefully ascertain the fact.
You will report specially upon the statement made,
l
that in addition to the distinct veins, the gold is variab y
diffused throughout the mass of the quartz rock.
There is no object more immediate or True;
theimportantmine,
to claim your attention, after your arrival
than that of verifying the asserted accumulations of ore
lying at the surface, and estimated at the large value of
200,000/. sterling. You will satisfy yourselves upon this
subject in such a mode us to leave no room for doubt or
cavil.
You will ascertain and fully report upon the estimates
locally formed of the expenses of working the mine, ar-
ranging these under the following heads:-
1. Cost per ten of extracting the ore from the mine.
2. Of pulverizing or reducing it.
3. Of extracting the metal, either by quicksilver or by
washing.'
4. Or carriage of the metal to San Francisco.
You will report the actual condition and appearance of
the mine; the number of men and mules, or horses, em-
ployed; the amount and kind of machinery in use; the
number of shafts open; and the mode in which the ac-
counts of the mine are kept.
Copies of these instructions have been circulated
among all the shareholders, and besides what we have
given there are other points Ts fleeting great credit on
the caution and judgment of the board, end their sense
of the responsibility that rests upon them.
The committee of bondholders have received advices
from Mexico, dated 3d ult. The agents at the different
ports had up to that date received, for account of Messrs.
Bating Brothers and Co., in reimbursement of their
advance for the January dividend, about 500,000 dolls.,
of which about 356.000 dolls. had been shipped. The
Bill for farming the Custom's revenues had as yet made
no progress in Congress. The chief topic of the day
was the opposition to the duty rates of the tariff at Vera
Crez, is consequence of the rates having for some
thattime
been lowered at Matamoros, and it is to be hoped
atariff
these disputes may lead to an improvement ot, th
generally.
The sales of Cotton at Liverpool on Saturday were
estimated at from 8,000 to 9.000 bales, of which 1,000
American ware taken for export, and 2,500 American
and 500 Sarat on speculation. The market closed firmly.
The sales comprised 1,000 Egyptian at 6d. to 10d., 500
Surat at 3d. to 44id., 60 Sea Island at ls. 4cl. to is. 6id.,
and the remainder American.—Railway Shares were
quiet, at rather lower prices.
Wheat is down is. to 2s. per quarter in Mark-lane tc.
day, principally owing to the large arrivals of American
Flour.
From the Leipzc Fair there are accounts of May 5,
at which date buhiness progressed in much the same
manner as at the commencement. Calicoes were rather
cheaper than at the previous fair, though with a good
demand. Leather had not a brisk sale, and wan 1 to 2
rix dollars per cent. cheaper. Cloths and buckskins
were purchased to some extent, but the supply was
large.
The Hamburgh Money Market, last Friday, was very
easy, and bills of exchange on London were in demand
at an improvement of 1, viz., to 13 71. In the Funds
there was no change.
Wll9 Atilbtetclitt4 Stuck Zuktt, vu the Bth iatint,

was without alteration. In the prices of Dutch Stoele
there wag no change, and the transactions in Foreigse
were equally limited, Spanish Three per Cents. Dion
attractingTheattention.
American advices are satisfactory, both es t°
trade and money matters.
Further good accounts, dated Jan, 24, have been re"
ceived from Sydney. The mines still yieldtd
The Stock Market is heavy again to-day, and no ops
feels inclined to deal until the result of the mutter}'
banquet at Paris is ascertained. Consols are 99i fl/r
Transfer, and 99it fur the Juno accounts, being!
slight improvement since the commencement of bugle
ness, when the prices were 994- to 4 for money. Bari
Stock is steady at 2191, and India Stock at 268. Tae
New Three-and-a Quarter per Cents. have been 1001
to 1008, and the Three per Cents. 98i. East Indis
Bonds are 81s. premium. The June Exchequer•bills
have been 625. to 655. premium. ic
The Foreign Stock Market has been heavy. Nexato
have been as low as 32, and are now up to 32i, owilighe
the excitement at Tampico, and to the assertion that to
troops are in arrear. The alteration in the tariff o,
probably restore contentment among the nacrebano
Spanish Three per Cents. are 21 to Peruvian,
heavy at 103. Venezuela, after being done at 48i, Da
dropped
The Railway Share Market continues heavy, bet price`
generally are not lower. at
s
Mining Shares are very quiet. The gold Ea'nce
steady.
a REF'
QUARTER TO T".:
Consols ~.
Ditto Account, May 11 .. 991 Nis
T BRITISH FUNDS HIS DAY AT ONE 01;14`1"
(From the Official List.)
Bank Stock . ... 2191
8 per Cent. iteduced Annuities . 98N
8 per Cent. Consols Ann• • • 99%7 '.
S•
Stock
New 34 per Cent. Anna.•
.100%
gong Annuities, Exp. Jan. sth 1860. 6 i 3-16
India
India Bonds under 1,0001 Bl FConsols for Account .. .. 99N,N Juan
Exchequer Bills, I%d. blarch. 6.,! 65 P
1,0001.
500/.
Small
PRICE OF FOREIGN FUNDS AT ONE O'CL°Cli
Buenos Ayres Bonds 6 per Cent. . 79
Danish Bonds 1825, 3 per Cent --
Ditto, 5 Per Cent 104%34
Mexican Bonds, 1846, 5 per Cent „
Ditto Account
0i)
Ditto 3 per Cent.
Peruvian 80nd5,1849, 6 per Cent.. 103
Russian Bonds, 1822, 5 per Cent...
Ditto 4% per Cent.......... 1031
Spanish Bonds. 3 per Cent. ;-* • 91
Ditto, New Deferred 21% --
Venezuela Bonds
Ditto Account ...................• 48% 47