The Sun.
London, England, 1852-02-17 00:00:00

akintt

#gua Fria

Anglo t.4litcrniAn ..
.A.,tunaa. • •

1% INP
% • %P

Australian ....
Ave Maria ... ••- • • •
Blaenarvon Iron & Coal
British Australian Gold
British Iron ............
Brazilian imp. (is. 11.
Cocaes and Culabs

par % p

4 - g dis

13' 5.
24% 1— 2
all 1
15 '22% 23%
40 33 —34
14 4 5
%-34p•4%
all 9% 10%
1 par p
all par 4 p
9 8% 4
1% % P
1c 5
7 10 —ll
all 2 —24
STOCK BANKS,
all 3S 39%
50 46% 48
25 11% 12%
20 24 —• 254
16 18% 17%
20 29% 30
35 .• ••

Do. St. John del Rey..
Cobre Copper
Copiapo .. • • . • •
Eng. & Australian Copper
General . • • • • .
Gold Mountain •• . .. • .
Great Folgooth
hdexicau& kmerican
Nouveau Monde • •
Santiago de Cuba .....
Tin Croft .. • • • • • • • • • • • .
United Mexican • • • • • • •
West Mariposa .. • • •• • •
xonvi

Aratralasia .. • • • • • • • • • •
British ~Nort h AlneriCa• .
Colonial .... ••••• • • • • •
Commercial of London..
London Joint Stock ...•
London and Westminster
National Provincial Eng.

National of Ireland • •
Oriental Bank Corporat.
Previncial of Ireland • • • •

17k 17
30 31% a.d
43% 45
157 k -- 16%
35 36%
3 —3%
;4% 15%

Do. New ... ........
Union of Australia .. • •

Union of London ......
Un.on or '4 adrie

Canada • • • •• • •
Gen. Steam Navigation.
renin. & Oriental Steam.
Ditto ditto
Royal Mail Steam ... • ..
East

CoANEOI7I3.
48 494
274 284
70 —7l x.d
174 - 18
77 —78%
m, % prem.

INVe cannot he answers
will not be influenced by

►blo for
intereir

to errors of the Official Lists, and
I correspondents.]

MONEY and COMMERCIAL NEWS

CITY, TWO O'CLOCK.
The accounts received by the two last mails from the
United States as to the Fremont gold titles are calcu-
lated to excite earnest attention, if not uneasiness, among
the parties interested; and we may question if the time
be not come when very explicit explanations must be
given to set at rest the reiterated statements of defective
title, Sec. It appears that at Baltimore parties are get-
ting up an agitation against Colonel Fremont, and are
desirous that the great mineral riches of his estate should
be secured to the country at large, the ground upon
which they work being thus defined :—The Colonel, it
is said, purchased from a former governor, when Cali-
fornia belonged to Mexico, the extensive tract which he
has located, at the cost of a few hundred dollars; but he
purchased it in the way that all land is bought in Mex-
ico, viz., with the right of soil, but without that to the
minerals. This, we believe, is the same in Cornwall.
When California was annexed to the United States the
latter agreed to respect all grants legally made; and we
apprehend there will be no difficulty on the part of
Colonel Fremont in showing his claim to the soil. A
paragraph in a New York journal, dated Washington,
mentions that the Land Commissioners were to report
upon Colonel Fremont's claim, and that, pending their
decision, the Colonel had positively declined any sale.
The report of the Commissioners will have to be con-
firmed, we believe, by Congress, and consequently the
determination of the owner is very proper.
At the same time, however, the inquiry
will naturally be made whether, doubt being involved,
there ought to have been leases granted. If the leases
are merely conditional upon the ratification, they are
very uncertain instruments, and we hope have only been
received as such and not paid for; though we believe
the public generally, upon taking shares in the different
Mariposa companies, not only were under the impression
that they held good leases from the alleged freeholder,
but likewise that there was no shadow of doubt that the
right to the mineral had been obtained at least from the
Mexican Government. We can even now scarcely
credit the assertion to the contrary, but what we see in
the American pavers, and the rumours which ever and
anon aro resuscitated here, make it highly desirable
that an official intimation should be given upon the
subject, especially if it be true that a new French com-
pany on a large scale is now negotiating for another
lease. The blame in this affair will not rest solely with
Colonel Fremont and his agents. The various solicitors
and boards of directors who have formed the Mariposa
companies will be amenable to severe censure if they
have compromised their constituents by buying " a pig
in a poke," and we happen to know that doubts were
entertained and expressed in more than one case before
the leases were bought. Where no heavy amount of
purchase money has been paid down, the mischief may
not be great! for the royalty will be pay-
able and it is a curious
circumstance, only duringas occupancy;
shoelng thelaxity
of feeling on such a
grave subject, that when anxiety has been expressed,
there are parties who have offered consolation by saying
that the United States Government could be kept at bay
in the law court for five or seven years, by which time
the leases would have run out. We are strongly of
opinion that such attempted consolation would, to the un-
lucky shareholders, be an aggravation, rather than other-
wise, of the original culpability or supineness; and a
better saving clause, to our mind, is the probability that
if Colonel Fremont's claim to the mineral be negatived,
the Government at Washington will readily accept, as
tenants, the companies in possession, and be content
with the same royalties as were by express stipulation
to have been paid annually to the Colonel. So strongly
do some of the leading American merchants resident in
England feel upon this subject, that we not only fail to
recognize their names upon the direction of the Mari
pose companies, but we hear them daily express appre-
hension that the credit of their country will suffer a
great blow, if the public have subscribed under the be-
lief that the title is good, and Congress bhould decide to
the contrary. The production and publication of a cer-
tified copy of the original Mexican grant might, per-
haps, set ell doubt at rest, and, if so, the sooner we have
it the better. We have gone into this matter with the
sole object of eliciting the truth, and keeping the public
at large informed of what transpires.
Since writing the above another instance of the mys-
tification relating to the Fremont leases has come under
our notice. Mr. Hoffmann, the original agent, has writ-
ten a letter stating that, under date of December last,
the Colonel had sent him a communication to the effect
that be would not sell his Mariposa estate, while the
West Mariposa Company received by yesterday's mail
an official announcement that Mr. T. D. Sargent had
purchased the whole for 1,000,000 dollars. The follow
is a letter on the subject:—

" New York, Feb. 4.
" All is now concluded, King and Sons have paid the
money. McDougall sails to-morrow. Heap will sail on
the 11th instant. I will leave on Saturday, if possible.
" THOMAS GREEN."
We understand, further, that Mr. Sergeant is ex-
pected in the Arctic steamer on Thursday, with the
deeds and other papers.
The English Stock Market has been very depressed,
and the reaction in prices is / tog per cent. The cause
assigned is the speech of Lord John Russell, in which he
details the militia plan, and the announcement that the
interest on Exchequer-bills is to be maintained at 14 per
centum per diem. This has rallied them to 58s. and
61s. premium. East India Bonds are 68s. to 72.. prem.
Consols for Money have been done as low as 964. but
are now the same -as for Account, viz., 97 to The
New Three-and-a-Quarter per Cents. have been 99 to /,
and the Three yea. Cents. 974 4. Bank Stock has been
supported at 217.
Foreign Securities have been rather fluctuating again.
Mexican keep at 324 to 4. Peruvian Deterred are 48
to 49. Grenada Active Bonds have been in request at
214- to 22, and the Deterred at Bto 4. Brazilian Old
Stock is 954, and Buenos Ayres 514. Spanish remain
about the same, being 23:4 to 4 for the Five per Cents..
and and the Certificates have be eu quoted 1 Per cnensif
Venezuela Stock is 36} to t. Dutch Two-and-a-
per Cents. are 594.
The Gold Mines Shares of California are. in
some
more
demand, and rather fuller prices have been paid in
instances.
Railway Shares are weaker, without any important
dealings. Foreign Shares are dull.
QUARTER TO THREE,
974 1
971 f

Consols ... - ••
Ditto Account, March 11

ONE CLOSIYG
PRICES OF BRITI6II FUNDS YCLOCK
217
Bank Stock ........................... 217 * PRICES
9734
3 per Cent. Redneed..
Anne. 97 '3 34
8 per Cent. Consols Annuities 99 967, 971/8
New 314 per Cent. Anns.. .... . 499 le 99971414
Long AllllB. to oxpiraJan.lB6o 7la 1-16
Ditto, 30 years, Oct. 10, 1859 6 13-16 6 N
13-16
Ditto 30 years, Jan. 5, 1860......, 6 13-16 6% 67i,
India Stock ......
India icon iiondr, 1,0004 - ............ 259
Ditto under 1,0004... """ 68 p 68 p
••• • . ...... .. "
Consols for Account .....•..,,,,,,,,,- ' 2 p 72 p
Exchequer Bills. 97% 97 9714
1,50000011.
. ... ......... p
.............
small,
.„
..
........ .•
PRICES OF FOREIGN FUNDS. O'CLOCK.
-razilian Bonds, 5 per Cent, . .... 9514
Buenos Ayres Bonds, 6 per Cent
Equador Bonds sl',
Grenada Bonds, 1% per Cent. 5 4:U 5
Do. '....
Ex Dec.,D 1849 Cou ..
21%
Ditto, Deferred
Coupons. ....• w.i.. BAil4 8%
blazlcan, 3 per Cent., 1816 •••••••••
Ditto, Account ...
Peruvian Bonds, s:per Cent-. ••••••
Ditto, Account ..... ....
Ditto, Deferred
Portuguese 6 per Cents.
Ditto, 4 per Cent.
323/4
Ditto, Account ...... ..........
Sardinian Bonds, 5 per Cent.
Sdatush 5 per Cr.nt. 1840 — .....
Ditto, Account •........
Ditto, Passive
514
Ditto. 3 per Cent — 403%
Spanish Corn. Cert. Coup. not funded 1 IA per cent.
Venezuela Bonds. VA per Cent 31611 34
Ditto Deferred
16
Dividends on the above payable in 1, _und.n
French Rentes, 5 per Cent
1031.
Exchange
French Rentes, 3 per Cent 641. 50c. j2sf 32A c.
64f. 50c.
Exchange ... 1
.........
. ...
Dutch 2% per Cent. 2 Guild —
Ditto. Account
imlt 19178
Ditto 4 per C
. Certificates

61 p
61 p
61 p
CLOSING•
TRICES
95t4
53

CAMBRIDGE UNIVERSITY EIGAT-OARED R ACES.--
These commence on Tuesday next, the 24th inst. Some
good racing may be expected, although good rowing is scarce..
The services of Phelps have been engaged by Ist Trimty.
Coombes (the Champion) is likewise at work with 3d Trinity,
apd ha brother TQIII with lot st. John'o.