The Sun.
London, England, 1853-02-25 00:00:00

ANOTHER STATUE TO WELLINGTON.

Mr. Matthew Noble, of Bruton-street, the
sculptor of three colossal statues of Sir Robert
Peel .(two in bronze for Salford and Tamworth,
and one in marble, now in progress, for St.
George's-hall, 14:Leipool), has been commissioned

by the Hon. East India Company to execute a

marble statue, heroic size, of the Duke of Wel-
lington, for the General Court Room in the East
India House, Leadenhall-street. Mr. Noble's
bust of the late Duke, for which his Grace
honoured the artist with several sittings, is incom-
parably the finest and most truthful sculptural
portrait of Wellington that has been produced.
It has had an unprecedented circulation among
the aristocracy of the land, and there can be no
doubt of the sculptor's ability to execute the
whole figure with equal success. We 'are, there-
fore, much gratified to learn that the wealthy and
influential* Directors of the East India Company
have extended their liberal patronage to this
young, highly-gifted, and rapidly-rising artist.
Mr. Noble has recently completed a grandly-
treated bust of Lord Nelson—many who pos-
sessed his portrait of England'i greatest military
commander having been desirous to obtain a com-
panion representation of her equally illustrious
naval hero. The best authorities have been con-
sulted with reference to likeness, and the result is
highly successful. Thus, whil© Nelson and Wel-

lington slumber side by side beneath the stately
dome of St. Paul's, is their presence perpetuated
amongst us by the hand of Genius.

TEE AUSTRALIAN MAIL STEAM-SNIP.

The Australian, Captain Hoseason, RN., which was.
appointed to start from Plymouth on Thursday, will
probably sail this afternoon. The Commander of the
Forces in New South Wales, Major-General Sir Robert
Nickle, and his suite, take passage in her ; also the
numerous staff of the Chartered Australian Land,
Mining, Importing, and Refining Company, consisting
of its manager, Captain Henry Baker, R.N., its metal-
lurgist and assayist, Mr. Charles Watt, Mr. Braithwaite,
and 20 efficient engineers, who share in the profits of
the undertaking. They have on board a large amount
of specie, several iron houses, tents, waggons, imple-
ments for assaying, smelting, &c. The total amount of
specie shipped is estimated at about 300,000/., including
25,0001. on account of the Oriental Bank and 10,0001.
each by the Agra and United Service Company, Messrs.
Rothschild, and the Great Nuggett Vein Company.
Yesterday the following mail bags were placed in charge
of Captain A. G. Curtis, RN. :—St. Vincent 1, Cape
Town 5, Colony 4, Fleet 1, Natal 2, King George's
Sound 4, Adelaide 33, Melbourne 80, Geelong 2, Sydney
49, Van Diemen's Land 19, New Zealand 12—in all
212 bags. This morning the Australian was swung in
the Sound by the Monarch steam-tug for the adjustment
of her compasses, and she will probably sail in the after-
noon for her destination.

ACCELERATION OF THE COMMUNICATION WITH INDIA.
—Orders have been issued by the Emperor of Austria
that an electric telegraph be constructed between Zara
and Agram as speedily as possible. This is a most im-
portant undertaking, not only for the Austrian empire,
but for the whole of western Europe, as Lloyd's Levant
steamer can always touch at Zara when the Bora keeps
them from making the port of Trieste. When the tele-
graph is complete, news from the East will reach Eng-
land two days sooner than is at present the case.
COAL MINES IN VAN DIEMEN'S LAND.—III the last
official accounts from Van Diemen's Land, it is men-
tioned that some mines of coal which were opened in
1851, in the vicinity of Hobart Town, were being
worked successfully. The coal is an anthracite of indif-
ferent quality, but its proximity to the market, and its
consequent comparative lowness of price, had caused a
great demand for it.
CORDILLERA GOLD COMPANY.—We are requested to
state that the ship Tory, chartered by this company,
will sail on the 2d of March. She is now in every re-
spect ready for starting, but she is waiting for Mr.
Naysmyth's engines constructed for the mining opera-
tions, which she is to take out to Australia.—Merning
Herald.

THE BISHOP OF LLANDAFF.—In consequence of the
Bishop of Lincoln's death the Bishop of Llandaff will
succeed to his seat in the House of Lords, but the new
Bishop of Lincoln will not be entitled to a seat in Far-
b. tment until a vacancy shall occur in the episcopal
bench, other than the Archbishops of Canterbury and
York, the Bishops of London, Durham, and Winchester.
This arrangement takes place under the provisions of the
act constituting the new bishopric of Manchester.
CAPSIZING OF A SCHOONER AND Loss OF ALL
HANDS.—A most melancholy accident happened at the
Shields bar a few minutes past five on Wednesday even-
ing, resulting in the total loss of a fine clipper schooner,
the Sir William Wallace, of Fraserburgh, laden with
coals and provisions. All hands drowned.
FORGERY.—It transpired yesterday that a forgery had
been committed at the Bank of England, in which one
of the clerks in the establishment is implicated, and by
which dividends to the amount of about 3,000/. have
been obtained. A portion of the sum has, however,
already been recovered.

THE CONSERVATIVE LAND SOCIETT.—The fifth estate
for allotment among the members, was bought yesterday.
The property is situated at Wood Green, Tottenham, is
midway between, and near three stations on the Great
Northern and Eastern Counties lines, and is at an easy
distance from Hornsey, Highbury, Holloway, Enfield,
Edmonton, Southgate, &c.

MONEY AND COMMERCIAL NEWS.

CITY, TWO O'CLOCK.
The sales of cotton at Liverpool yesterday, were
estimated at 5,000 bales, of which 500 American
were taken for export. The market closed heavily.
Compared with Friday's rates, prices of low Ame-
rican were *d. to id., and Surat and Brazil id.
lower. The sales comprise 3,500 American, 350
Pernam, and Maranham at 6d. to 7fd., 150 Bahia
at 6kd. to 6d., 200 Egyptian 7d. to is. 2id., and
500 Surat at nd. to 4id. Railway shares were
firm.

The dealings in produce, this week, have been
to a fair extent. Sugar has fully supported the
former prices, but coffee has been lower, owing to
the doubt whether chicory adulteration was to be
permitted again. Cotton has been duller. Rice
and saltpetre firm. Of tea it is stated by Messrs.
Richard Gibbs and Co. that " the market during
the past month has not been particularly activc,
although in the aggregate a fair average business
has been effected, and prices on the whole are well
supported. Transactions have been principally in
the good description of Congou from ls. to is. 4d.,
and in Shanghae Greens at rather strengthening
prices. Scented teas and Canton made Greens are
without alteration."

Messrs. H. W. Jewesbury and Co., referring to
the markets generally, mention that
"The great activity in the foreign and colonial pro-
duce markets which prevailed at the date of our last,
has not continued to the extent then noticed. In the
early part of the present month the demand was less
active than previously, which may is a great measure be
attributed to the late rise in the rate of discounts ' • but
during the present week the operations in produce hare
been characterised by increased firmness, and dealers,
finding that importers support the markets by withdraw-
ing parcels whenever requisite, have shown more dis-
position to purchase at the full rates demanded. The

importations lately have been very light, owing to the
prevalence of contrary winds ; and this, in face of the
continued large deliveries from the warehouses, has
greatly tended to strengthen the markets. Dyes and
dyeing materials have continued in good demand. In-
digo has advanced considerably. The finer qualities of
lac dye and safflower maintain fully previous rates.
Cochineal has only experienced a limited demand, and
prices are rather lower. Dye woods, on the contrary,
are in good inquiry, and prices are higher."
Of the Silk market, Mr. Henry W. Eaton re-
ports that—
"As usual, at the public sales the greater portion was
either withdrawn or bought in ; but •a considerable busi-
ness has been done during the last week in Chinas, by
private contract, the prices actually realised being, for
Tsatlee, from 15s. 6d. to 195., and for Taysaam, 14s. to
15s. 6d. In Bengals everything in coarse sizes has been
taken freely, but the fine to middling qualities have
been neglected."

The telegraph, in anticipation of the Calcutta
mail, brings the rate of exchange from that city at
2s. ld. on London. Trade dull. By this mail 21
boxes of Australian Gold will be received.

The prospectus has been issued of a very import-
ant undertaking, the Nova Scotia Mining and
Copper Smelting Company. The names are a
guarantee of good faith, and the returns antici-
pated promise something of a Burra-Burra result.
The highest scientific men have certified as to the
richness of the mineral lands purchased, and the
statement subjoined is no doubt literally cor-
rect : •

" The fact that Nova Scotia abounds with mineral
wealth to an amount almost unequalled in any similar
extent of country, long conjectured and believed, has
now been ascertained beyond the possibility of doubt
or cavil. The directors have concluded, on satisfactory
terms, and at moderate royAlties, the conditional
purchase of Indian Poinf, a promontory in the
Bay of Fundy, containing copper ore exceeding in
both quantity and quality any known deposit, as
well as the Deburt, Acadian, and Folly Mountain
Iron Mines, together with extensive adjacent tracts of
valuable mineral properties, comprising in all, with In-
dian Point, about 260000 acres. The last-mentioned
tracts contain iron ores (whence the most valuable char-
coal iron and steel are made direct by one process), cop-
per, coal, limestone, fire and brick clay, and timber.
The vendors stipulate that the entirety of the purchase-
money shall be paid to them in shares; say, 13,500 shares
fully, and 20,000 shares half paid up ; thereby leaving
on the first call of Si. per share a working capital of
85,500/., which it is believed will be sufficient for working
the company, without recourse to any further calls."

The English Stock Market is very firm although
quiet, and the partial reaction of the Paris Bourse
yesterday has had no effect here. Consols have
been 99i for transfer, and 99i for account.
The New 3 per Cents. have been marked 104 to
11-, and the 3 per Cents. 1001 to Bank Stock is
very steady at 2274, and India Stock at 266. Ex-
chequer Bills are at Bs. to 12s. premium.
Foreign Stocks are well supported, although
dull. Mexican Bonds have been 23i to 24, afd
Peruvian Deferred 62, being about the previous
rates. Buenos Ayres Stock is steady at 63. Sar-
dinian Bonds have been marked 941 to 95. The
Spanish Committee's Certificate is improving. The
prices have been 5a to 51. The Turkish Loan is at
1 premium. Nothing official is yet stated con-
cerning the expected arrangement. The 3 per
Cent. Spanish Bonds are at 47g. Dutch 4 per
Cents. have been firm at 991-.. Russian 4i per
Cents. have been at 104.

Railway shares have been without material altera-
tion generally, but scarcely up to the highest rates
of yesterday in the case of Leeds Northern, North-
Western, Manchester, Sheffield, and Lincolnshire,
South-Eastern, and York and Berwick. Eastern
Counties are good; 'Caledonian have improved,
South-Western are firm, and also Great Northern
and Aberdeen. French Shares are rising, Stras-
bourgs, Northerns, and Lyons being higher.
The Australian Land Companies Shares are
more fluctuating, as arrangements are making to-
day for carrying them over. The real holders
however, entertain great confidence. t North
British have advanced, and also the Scottish. Peel
River are flatter.

The Australian Bank Shares have an upward
tendency, but there is not so much doing in them
as there was yesterday.
The Gold Mine shares have been very steady,
and an advance is noted in the Ave Maria.

BRITISH FUNDS THIS DAY.
(From the Official

Business done.
Bank Stock
3 per Cent. Reduced Annuities lOOO
3 per Cent. Consols Annuities
New 31 per Cent: Annuities l-4
India Stock
India Bonds, £lOOO
Ditto, under £lOOO 4O
Consols for Account 10th March 991
Exchequer Bills lid.
£lOOO
12 8
£500
Small
12 8
Ditto Advertised l2 8

PRICE OF FOREIGN FUNDS THIS DAY.
Brazilian Bonds, 5 per Cent. —
Ditto Small
Buenos Ayres Bonds, 6 per Cent 63
Mexican 3 per Cent 2.3,1 4
Peruvian Deferred 3 per Cent 62
Ditto for the Account 63
Russian Bonds, 5 per Cent.
Ditto, 4i per cent lO4
Sardinian Bonds, 5 per Cent. .......
Spanish Bonds, 3 per Cent 47
Spanish New Deferred, 3 per Cent 23i
Spanish Passive (Converted) si i 6
Swedish Loan li d
Turkish Loan, 6 per Cent., 1852 1 p
Venezuela Bonds 3l per Cent.
Ditto Deterred, 1 per Cent lst fi
Austrian Bonds 5 per Cent. 10 Ou. 2. B7
Dutch Exchange 2i per Cent —
Ditto 4 per Cent. Certificates.— .... ,
THREE O'CLOCK.
99$
99

Consols
Ditto March Account

HOUSE OF LORDS.-(THIS DAY.)

Their Lordships sat this morning to hear appeals.
The peers present were the Lord Chancellor, Lord
Brougham, and Lord Truro.

TOMMEY V. WHITE.
Sir F. Kelly was heard in this case, and was pro-
ceeding with his argument when our report left.

ELECTION COMMITTEES-(THIS DAY.)

BRIDGNORTH.

This committee re-assembled this morning at 1
o'clock, when the cross-examination of Mr. Head was
continued. This witness entirely contradicted the evi-
dence of the Milners, and denied all knowledge of the
election of any kind whatever.
Mr. William Batt, cousin to the last witness, corro-
borated his evidence, and also completely contradictethe statement of the Milners.