The Sun.
London, England, 1853-10-01 00:00:00

THE SCOTCII IRON TRADE.

The following is the Quarterly Circular of Mr.
Thomas Thorburn, dated Glasgow, 30th September :
" The fact of the stock and the make of pig iron hav-
ing considerably decreased, purchases on an extended
scale were made in July at from 525. to 60s. per ton,
chiefly for home, Continental, and Transatlantic account.
" Since the beginning of last month the price has
fluctuated between 585., 68s. 6d., and 625. 6d., accord-
ing to the pacific or warlike tone of the news from the
East.

"The raising of the rate of discount by the Bank of
England scarcely affected the price of the article, from
the advance in the money market not being the effect of
adverse circumstances, but as merely a consequence and
an accompaniment of an extraordinary commercial
activity.
"It is important to note, when interest ranged between
4 and 7 per cent, in 1845, 1846, and 1847, iron readily
sold at from 755. to 110 s. per ton.
" The wages of the colliers and miners have increased
on the average fully 70 per cent., being now almost as
high as in those years, though the bulk of the articles
they consume have scarcely risen 35 per cent.
_ _ _

_ .
"Owing to the partial suspension of labour, the high
price of coals, and scarcity of honatone, the production
has again been further diminished.
" Only 108 furnaces are in blast, being 11 less than in
March last.
" The stocks in stores and makers' hands in Scotland
are now only 220,000 tons, being less than one-half of
what they were in the spring, whilst the deliveries for
home consumption and shipment continue greatly in
excess of the production.
" The local consumption, and exports foreign, coast-
wise, and per railway, amount during the last quarter to
275,000 tons.

The demand for pig and railway iron continues un-
abated for the United States, where there are 13,000
miles of railway in operation, and 12,000 in progress.
"My present prices are for rails 8/. 10s. ; bars, 8/.
12s. 6d. ; sheets and plates, 11/. 15s. ; No. 1 Gart-
sherrie, 71s. ; No. 1 other brands, 665. to 695. 6d. ;
mixed Nos. g.m.b., 635. per ton f.0.b."

The noble Master of the Horse, the Duke of Welling-
ton, who is staying in Upper Belgrave-street, is expected
to leave town for Strathfieldsaye, on the arrival of the
Duchess from Balmoral, where her Grace is in waiting
on her Majesty.
ARRIVALS OF Goan.—The Oriental has arrived from
Sydney with 1,131 ounces of gold, valued at about THE LONDON
4,5001. The Lord William Bentinck is also reported, AND NORTH-WESTERN RAILWAY. —Near
to the railway station at Harrow is an estate of about
but is understood to bring no specie. It now appears
300 acres of freehold land, a portion of which has been
that the Essex, from Port Phiiip, brings 52,000 ounces,
valued at 208,000/. ; while the quantity by the Typhoon,' purchased by freehold land
villas, &c. The directors of land societies, and which is about
from the same place, is 37,700 ounces, or about 150,0001. to be laid out for building
encourage the building of houses thereon by
BOILER EXPLOSION AT LEEDS.—An inquiry respect-
The above arrivals, together with those previously re-
the London and North-Western Railway Company, with
ported during the last five days, make a total of 955,0001. the view to
persons having business in London, have offered a free
ing the explosion of a boiler on the premises of Messrs.
pass to and from town, for eleven years, to the owners,
Hammond, at Leeds, by which several persons were
or their nominees, of land on which is built houses of
killed, was concluded yesterday, and resulted in a ver-
the value of 50/, a year.
diet of "Accidental death." The jury expressed an THE GREAT WESTERN.—The vast works in progress
opinion that the boilers and their fittings were con- at the metropolitan terminus of this line of railway at
structed upon an unsafe principle, and had been worked Paddington, are proceeding with very great rapidity,
and a correct idea can now be formed of the improve-
at too high a pressure, and suggested the appointment
of an experienced engineer. A gentleman connected
ments which are being effected in this locality, and the
with the establishment of Messrs. Hammond promised i facility and convenience which they will afford to the
that the suggestions of the jury should be attended to. i
public when entirely finished, which it is expected will
A MAN CRUSHED TO DEATH.—On Thursday, as one be the case at an early period of the ensuing year. The
of the men employed at the Great Northern Railway new shed for the outgoing trains, which, being entirely
station, at Doncaster, named Alfred Moore, was assist- roofed with glass, presents a very light, and handsome
ing to shunt an engine into one of the locomotive sheds,
appearance, with separate entrance and reception rooms
the cotter of the connecting rod of the wheels, nearest
to him, caught his trousers, when, to save himself from , quisite accommodation for the general public, which are
for the Queen and the royal family, and all the other re-
being drawn under the machine, he seized hold of a pile of the most appropriate and complete character, are
of timber, which immediately gave way, and the poor
finished, and the formation of the arrival sheds, with
feflow was crushed almost fiat betwcen a piece of the
extensive offices, is now proceeding
inuscecding wit.:, greatlapidity.
wood and the bar of the engine. When taken up by
When Lou whole
will is
be fully half a mil? nearer town
hnisneu, the terins of the Great
some of his comrades he was still alive, but he could not
Western Railway
than at present, which will prove of material importance
bear to be moved, and died shortly afterwards on the
spot. 1 to the public,

LATEST FOREIGN NEWS.

FRANCE.

A Cabinet Council was held at St. Cloud yester-
day, at which the Emperor presided.
The Emperor and the Empress, on arriving in
Paris, from Amiens, proceeded at once to the palace
of St. Cloud, which they reached at seven o'clock.
Prince Napoleon has, to a certain degree, reco-
vered from his late attack of illness.

The Moniteur publishes a notice announcing that
in consequence of 40,000 men of the conscription
of 1852 being called to active service, the first half
of the levy is to join between the 15th and 20th
October next.

The Moniteur contains an imperial decree rati-
fying the treaty agreed to between France and the
Kingdom of the Two Sicilies for the arrest and ex-
tradition of deserters from the naval services of the
two countries.

The receipts of the Paris and Orleans Railway
Company with its extensions for the week ending
the 24th of September amount to 886,122 f., being
an increase of 303,882 f., as compared with the cor-
responding week of last year.
The Siecle states, as a rumour, that in case of
war breaking out between Russia and Turkey, the
allied fleets are to seize on all the Russian vessels
in the Black Sea and the Baltic, and not to return
them until the Danubian provinces shall be eva-
cuated, and the note of Vienna accepted in the
sense set forth by the modifications of the Divan.
Prince Murat has purchased a chateau and its
adjoining property close to the new bathing-place
of Trouville.

General Canrobert, on taking leave at the
breaking up of the camp of Helfaut, issued the fol-
lowing order of the day :
" Comrades--After having remained together on this
spot for five months, making the best use of our time in
developing, each in our sphere, our acquaintance with
the military art, that art which is the indispensable as-
sistant of courage on the fields of battle, we are about
to repose ourselves. I should fail in my duty if, under
such circumstances, I did not openly express to you my
thanks for the devoted co-operation which you have
never ceased to afford me. When one has the honour
of commanding such soldiers as you are, the most arden t
wish that can be felt is to be called on to lead them
against the enemy. Adieu, my comrades. Continue to
nobly serve France and her August Emperor. Retain
some remembrance of your General, and be assured
that he will place amongst his most precious titles of
glory, that of having commanded you."

The Ami de la Patrie, a journal of the Puyde
Dome, has received a first warning for having, on
the 11th, 13th, and 28th of September, published
articles containing " allusions against the head of
the State and against his government."
It was reported and generally believed in com-
mercial circles yesterday that the French Ministry
is about to be modified. M. Fould is again to take
the 'Finance Department, and to negotiate a loan of
200,000,000 f., which an eminent banking-house has
already undertaken to procure ; M. Persigny to
be Minister of State in place of M. Fould, and M.
Fremy or M. earlier to be Minister of the Interior
in place of M. de Persigny ; M. Bineau, the pre-
sent Minister of Finance, to be Governor of the
Bank of France, in place of Count d'Argout.
The Siecle continues to be very warlike. It speaks
now of a project which, it says, is very seriously
talked of in England, for the capture by the Eng-
lish and French fleets of all the Russian ships in
the Black Sea and the Baltic, and holding them
until the Emperor Nicholas shall have ordered his
troops to re3ross the Pruth. It is rather late in
the year for this project to be carried into execu-
tion, if, indeed, which is more than doubtful, it
has been entertained. The Siecle says

"The question which every one now asks himself is
this—What are France and England about to do ? Will
their fleets wait at Constantinople until that capital is
threatened by the events of war ? That would be to act
according to thegrand policy of the Pays. From the Times
it appears that the necessities of the state of things are
differently understood in England. The season advances,
says that journal, and it is time to prove that Russia
cannot alone issue ultimatums and seize on material
pledges. These words material pledges may be
thus explained according to a report in circulation
in the club-houses of London. The allied fleets would
take possession of every Russian merchant vessel in the
Black Sea and in the Baltic, which would not be given
up until the day when the Danubian provinces should
be evacuated, and the note of Vienna accepted in the
sense given to it by the modifications demanded by the
Divan. It would follow as a matter of course that every
Russian vessel of war met with by the fleets would be
also captured and put under sequestration, as was done,
it may be remembered, with the ships of Don Miguel."
The Assemblee Nationale says
" Instead of the solution which had been hoped for,
we have, it would appear, the new fact of the entrance
into the Dardanelles of the combined fleets of France
and England. If this fact be true, the treaty of July
18, 1841, no longer exists, and the Emperor of Russia
perhaps congratulates himself on it. However this may
be, what will be the conduct pursued by the Cabinet of
St. Petersburg? Will it consider the entrance of the
fleets as a justification of its taking some fresh advantage
against Turkey ? We do not think so. We are of opinion
that at this moment the Emperor of Russia will content
himself with the position he has taken up, and will fortify
himself and maintain his troops in the principalities, but
will not make any fresh movement in answer to the
entrance of the fleets. Such at least is our hope. But
on the side of the Sultan, is it not to be feared
that he will declare war, arid order Omer Pacha to cross
the Danube and attack the Russians I That appears to
us rather improbable, because in adopting that course,
the Sultan would act in flagrant opposition to the
powers which protect and guarantee him. We think
we can state in an almost positive manner that the Eng-
lish government has sent the most positive instructions
to Lord Stratford de Redcliffe, for him to recommend
energetically to the Sultan to remain on the defensive,
and to maintain strictly the status quo. Such is the line
of conduct lately adopted by the principal Ministers of
Queen Victoria, Lord Aberdeen, Lord Clarendon, Lord
John Ruszell, and even Lord Palmerston. It appears
to us probable that France, under existing circum-
stances, has not separated herself from her ally. Such
are the probabilities—and we could wish to find
them still stronger —which make us retain the hope of
the maintenance of peace. We are not ignorant how
much such a formidable question may be envenomed by
being prolonged ; nevertheless, as all the Governments
of Europe sincerely wish for peace, we are permitted
to hope that a kind of brutal fatality will not render
it impossible. We are, moreover, about to enter on a
season of the year when war becomes impossible. The
Black Sea and the Baltic are about to be closed to ves-
sels of all nations, and military operations would meet
with almost insurmountable difficulties on both banks of
the Danube. Let us therefore hope that the few months
which must pass in forced inaction will lead to solutions
which are not at present foreseen."
The Constitutionnel has a long article on the laws
of the United States of America against runaway
slaves, and the barbarity with which they are some-
times carried into execution. It does not, it says,
indulge in a hope that any argument that it can
use will operate sufficiently to produce a change,
but is of opinion that if the journals of Europe
were constantly to give publicity to the cruelties
which are committed under these laws, public opi-
nion in America might be sufficiently excited to
call for a course of proceeding very different from
that which is now pursued.
There was not much business transacted at the
Bourse yesterday, except in the settlement of the
monthly account. The Three per Cents. opened
at 75f. 50c. with the appearance of firmness, but to-
wards the conclusion of business they fell to 74f.
80c., and closed at 75f. sc. for the end of the
month. The Four-and-a-Half per Cents. closed at
100 f. 60c. ; Orleans Railway shares, 1,215 f. ; Rouen,
1,015 f. ; Havre, 505 f. ; Great Northern, 837 f. 50c.;
Paris and Strasburg, 930 f. 5 Paris and Lyons, 900 f.;
Lyons to the Mediterranean, 740 f. ; Western of
France, 705 f. ; Bordeaux and Cette, 600 f. ; Great
Central, 519 f. 75c.; Lyons to Geneva, 505 f.; Shares
of the Bank of Credit Mobilier, '73of.