The Sun.
London, England, 1852-11-23 00:00:00

COWES, ISLE OF WIGHT.

• (FROM OUR OWN CORRESPONDENT.)
FACTS FOR FREE-TRADERS.—A short time since
Gurnard Farm, the property of the late Captain Wil-
kinson, was offered for sale, by public auction, by his
executors ; it consisted of 143 acres of arable wood and
pasture land, subject to a quit rent of 20/. a year.
Many were the anxious inquirers about its value. Three
different valuations were made of it, the highest being
3,100/. After a spirited competition, it was knocked
down to F. Rowton, Esq., for 3,400/. Several agricul-
turists attended the sale with a view of being the first on
the list of tenants. On its being known that it was
bought for the "National Freehold Land Society," the
Protectionists stated that they were sure that it must be
purchased for something of the kind, as no one could pay
such a price for agricultural purposes. Still, such was
the number of applications from persons wishing to be-
come the tenants, that it was determined, after taking
off 68 acres for building purposes, to let the remaining
75 acres, and the farm buildings, by auction, with the
proviso that the rent should be paid quarterly in' ad-
vance; and as the land might be required for building
purposes, the tenant should be subject to six months'
notice to quit. In spite of these drawbacks, Mr. Leslie
of Cowes bid 130/. per annum for the 75 acres ; Mr.
Flux of Gunville, 140/. ; and Mr. Dawson of Furzy-
hurst Farm, 145/. ; and on the lot being knocked down
to him; he paid down 36/. 55., being one quarter's rent
in advance, as per agreement ; and this for half a farm,
the whole of which, in the good old Protection times,
was let for only 1001. a year. Bad times these for land-
lords and tenants, truly ! "The land will all be thrown
out of cultivation"—" there is nothing but ruin before
their eyes," barring hunting, shooting, &o.
PROPOSED NEW TOWN IN THE ISLE OF WIGHT.—
The land purchased for this purpose is the opposite side
of the hill to that on which the town of Cowes stands—
the latter dips to the eastward, the former to the west,
and is distant about one mile from the Royal Yacht
Squadron House, either by the shore or by the high
road ; it commands the most extensive, varied, and
beautiful sea and land views ; in the south and west are
seen the high Downs of Mottistone, Afton, and Fresh-
water—to the west the Needles Passage, with the island
of Purbeck in the distance—in the north and west is the
solent sea, with its moving panorama of ships, yachts,
and pleasure boats, with the New Forest from Hurst
Castle to Southampton River in the back ground. The
land falls into Gurnard Bay, and there is a fine sandy
beach and excellent bathing. The cliffs are not perhaps
suited for building purposes, but there are lots of excel-
lent stone for building purposes in them. Report says
that 1,000/. is to be expended on the formation of new
roads—rather a large sum, considering that the ma-
terial is on the land, the subsoil being gravel. There
are to be pleasure-grounds and fountains, and—but we
must stop, as we have seen no plans, nor can we hear of
anybody else that has ; and the beautiful villas we have
pictured to ourselves may at last prove to be—only
castles in the air.

ADVICE TO THE CHANCELLOR OF THE EXCHEQUER.-
But what shall we say to the Chancellor of the Exche-
quer—to the leader of the once great county party ?
Less than twelvemonths ago Mr. Disraeli wrote how
Sir Robert Peel was stripped of his following, and how
in the moment of victory, " the Emperor was without
his army." And now where are his own battalions ?
Where is that oounty militia which was called out
twice a-year for two days eating and speechifying,
which was once marched to London and quartered
in Drury-lane theatre, and ;which was to be "up and
at them " when the day of battle came ? The mutinous
squads are in arms against their own officers, and are
openly threatening to tear their general in pieces.
What does Mr. Disraeli now think of his own
levies ?—for his own they are. Every blessed Booker
and Chowler and Foskett is of his making, or at
least of his preserving. If it had not been
for his genius the whole tribe of Protectionists would
have dropped into the limbo of current impostures and
gone clean out of mind six years ago. But it is fortu-
nate that this connexion has come to an end at last.
Mr Disraeli was not made for such spirits, nor they for
him. Let him turn their desertion to good account, and
quit at once a rotten policy for a sound one, without
attempting to concial an error which everybody can
discern, but which nobody will be anxious to make worse
than it is.—Times.

FRIGHTFUL OCCURRENCE IN ALDERMANBURY.—On
Saturday an inquest was taken by Mr. W. Payne, the
coroner, at St. Bartholomew's Hospital, as to the death
of Henry Pincher, aged 41. He had been in the service
of Messrs. Chadwick, of No. 7, Dyer's-court, Alder-
manbury, velvet edgers, and, although his residence was
at 31, New Ivy-street, Hoxton, he had been allowed,
from the great pressure of business, to sleep in the house
in Dyer's-court, for the last few nights. On Wednesday
night, about 12 o'clock, he went to the top of the house
to turn off the gas, and there is a well-staircase all the
way up. As he was coming down, he afterwards said,
he was reaching over the well to turn off a branch of gas
which was in the centre, when, having a lantern in the
other hand, his foot slipped, and he fell all the way down
the well-hole. Upon the noise being heard, some of the
persons in the house went to his assistance, and a sur-
geon was sent for, who advised his immediate removal
to the hospital, where he was seen by Mr. Fletcher, the
house surgeon, who found fractures of the thigh and
knee-cap, as well as severe injuries to the head. He died
on Thursday. Verdict, " Accidental death."
Two DEATHS THROUGH VISITING CHELSEA HOSPITAL.
--Yesterday morning a respectable tradesman, of the
name of Mr. Jeremiah Pearce, builder, who resided in
Hart-street, Covent-garden, expired from injuries he re-
ceived on Saturday morning, the 13th instant, while en-
deavouring to obtain admission to see the Duke of Wel-
lington lying in state at Chelsea Hospital. No day is
yet named for the coroner's inquest.—Yesterday morning
Thomas Wakley, Esq., held an inquest at the Fish-
mongers' Arms, West-street, Seven Dials, touching the
death of Charles Barton, aged 47 years, japanner. It
appeared by the evidence, that the deceased went on
Tuesday, the 16th inst., and was nearly suffocated, being
in the crowd six hours and a half. On his return home,
he was taken ill, and died in a few hours. Mr. New,
surgeon, proved the deceased died from the effects of ex-
travasation of blood on the substance and ventricles of
the brain, The jury returned a verdict accordingly.

MONEY AND COMMERCIAL NEWS.

CITY, Two O'CLOCK.

The sales of Cotton at Liverpool, yesterday,
were estimated at 6,000 bales, of which 1,000 Ame-
rican were taken on speculation. The market
closed steadily. The sales comprised 100 Bahia, at
6* to 6i; 200 Egyptian, at Cid. to Id. ; 400 Surat,
at 4d. to 474, and the remainder nearly all Ame-
rican. Railway shares were firm at higher prices.
There are more vessels known to be on the way
from Australia, and the aggregate amount of gold
they will bring is important. The Andromache
will have 42,051 ounces from Sydney ; the Nestor,
12,295 ounces ; and the Roman Emperor, 6,400
ounces.

The Pelham has arrived from Sydney with
27,000 ounces.
From a return, showing the quantity of some of
the principal articles of produce which left New
York, at tide-water, from the commencement of
navigation to 31st October, inclusive, in the years
1851 and 1852, we find that in the present year
there was a slight falling off in flour and rye, but
an increase in wheat of 2,752,132 bushels, in barley
of 168,841 bushels, and in pork of 23,989 lbs.
There was a decrease in the quantity of corn
amounting to 2,115,617 bushels, and in cheese,
wool, and bacon there was also a material diminu-
tion.

In the last week in October there was an in-
crease in the quantity of flour left this year of
1' 2 9121b5. • in wheat, of 215,226 bushels ; and in
barley, of 71,165 bushels ; while in corn there was
a decrease of 128,554 bushels.
Discoveries of gold have been made in Canada,
which seem to warrant the belief that it will be-
come a great gold-producing country. Lumps,
valued at 8001. to 9001. have, it is said, been
found at the Chandiere mine, about 30 miles dis-
tant from Quebec. Quartz is reported to exist
to a large extent, and it is considered from the
geological structure of the hills where the discoveries
have been made that gold exists in large quantities.
There appears from the official return a diminu-
tion of 131 vessels and 51,547 tons in the arrivals
at Quebec during the present year up to October
30, as compared with the same period in 1851.
The English Stocks have been advancing again,
and there are investments still making in Consols,
which have been up to 101 k #, though since a little
flatter. For Account the quotations have been
3/ 101 to I. The New 31 per Cents. have realised
103 to g. Bank Stock has been up to 223 to
22 . India Stock is worth 275. Exchequer Bills
are down a little, being 695. to 725. premium ; and
India Bonds are at 83s. premium.
Foreign Stocks have been brisker. In Sardinian
there have been transactions at 994 to 100 i. Gre-
nada Deferred are more in request at 10-i to 11g.
Austrian Scrip is 8 premium. Equador Stock is
at 5. Mexican Bonds have been quoted at 25* to I.
Spanish Deferred are 25 to f, being a shade higher.
Dutch 24 per Cents., are at 65g to 66. Turkish
Loan is worth 3 premium, and Swedish Loan 1 to
14 discount. _

-There has been a very buoyant market again for
the English railways, and the buying and selling
being more active corresponding fluctuation occurs.
Caledonians have again been maintained at 63 to
64. Aberdeen and North British are higher, and
Brighton and Great Northern, Oxford and Wolver-
hampton, and South Wales have been in request.
The French lines are neglected, and it would seem
that as the English market revives the other de-
clines. At any rate there is much less doing than
there was.

The Gold Mine Shares are very firm, and the
Nouveau Monde have advanced. There have been
a few bargains in the Electric Telegraph of Ireland
and in the General Steam at 30s. advance, and in
the Australian Royal Mail at 51 to discount.
The Port Phillip and Colonial Gold Mining Com-
pany have received letters from Melbourne, dated
25th of August, advising the safe arrival of the
Augusta Schneider and Geelong with the com-
pany's staff, all well and in good health.
Mr. Hopkin's had made arrangements to send
them up to the diggings immediately; he had
founded an establishment at Forest Creek, where
he would put one party to work, and would then
go out and establish another party at Bendigo. Mr.
Hopkin's entertained the fullest confidence of the
result; he had previously arranged to supply the
men with stores, provisions, &c., and he expected
to be able to secure a respectable amount of gold
dust as a remittance by the royal mail steamer
Australian.

The establishment at Forest Creek had com-
menced the purchase of gold dust. Invoices of two
small parcels have been received which had been
sent to Melbourne for shipment, and they were
provided with ample funds to continue their ope-
rations.

BRITISH FUNDS THIS DAY.
(From the Official List.)

Bank Stock 2231 3
Business done,
3 per Cent. Reduced Annuities..........
3 per Cent. Consols Annuities lOl #
New 34 per Cent.sAnnuities lO3l #
Long Annuities,.Expire sth Jan., 1860 6i
India Stock- - - 275
India Bonds, 104:0
Ditto, under £lOOO
Consols for Account
Exchequer Bills lid.
£lOOO.. ...... .....
£5OO
Small
PRICE OF FOREIGN FUNDS THIS DAY.
Australian Scrip 5 per Cent. .
Brazilian Bonds; 5 per Cent.
Ditto 4i per Cent
Equador Bonds
Grenada Bonds, per Cent ,
Ditto Deferred
Mexican 3 per Cent...
Ditto for the Account
Peruvian 6 per Cent.
Ditto for the Account lO4
Ditto Deferred, 3 per Cent.
Portuguese 4 per Cent. -
Sardinian Bonds, 5 per Cent. 994 1001, 99 1004 99
Spanish Bonds, 3 per Cent 521 1#
Ditto New Deferred, 3 per Cent 25
Swedish Loan 1 1 d
Turkish Loan, 6 per Cent., 1852 3 p
Belgian Bonds, 41 per Cent. Ex. 25fr. 974
Dutch Exchange 2i per Cent 66 54
2'HREE O'CLOCK.
101*
101 i

83
101 i i f
March. June,
72 69 69

97/
5
22
101 11/ i
25
25 i

Consols
Ditto Account, Dec. 9

ERRATA.-Mr. Ellis, the writer of the letter referred
to in the money article of yesterday, is one of the Direc-
tors of the Australian Mutual Gold Mining Association ;
and it was to that Company the letter from which we
quoted was written.