The Sun.
London, England, 1849-01-29 00:00:00

HAMBURGH.

Price.

Price

215
14N
28
21(
42
41 10s.
13%
13%
8%
2%

1193.

You will find the total to be

So that the bondholders' proportion of
duties to November 30 was ...
Deducting from this, amount remitted by
us to November 15 ...

200,200 0

61,516 85

The reapparently remained for remittance
a baleace of ... .. ... ...
While the actual amount that remained
for collection for account of the divi-
dends of import duties alone was ... 191,813 66

138,683 15

The difference of ... 53,130 51
being the proportion of other duties to which the bond-
holders cre entitled, and of the amount paid over in
this city by the Americans when they evacuated the
country, which we mention for your government.
" By the Teviot we have shipped for this account
19,363 dolls. 53c., being the one-tifth of the collections
made up to the 14th inst.

" Mr; Gla F, under date Tampico, December 15, a -
vises that he had shipped 6,000 dolls. fur account of the
dividends."

The Committee have also received the following from
Messrs. John Schneider and Co.:—
" London, Jan. 26th, 1849.
" be to acquaint you, for the information
of the Committee of Spanish American Bondholders,
that we have received by the mail just arrived bills of
lading for the undermentioned dollars shipped at Vera
Cruz and Tampico, for accouut of the dividend of the
Mexican foreign debt, namely—
" 819,363 53 from Vera Cruz,
" $6,000 from Tampico;
and, further, a payment from Messrs. Manning and
Mackintosh, made here this day, of 7,2031. 18,. 8;1.,
being the equivalent of $40,208.0.4, received by them on
the same account.
" We remain, &c.,
" JOHN SCHNEIDER AND CO.
" G. R. Robinson, Esq., M.P., Chairman, &c."

COAL IN THE STRAITS OF

MAGELLAN.

The following are copies of reports from Captain
Henderson and Commander Paynter, of the Gorgon,
stating the results of their search fur any coal forma-
tion in the Straits of Magellan.
Her Majesty's Steam-vessc.l Sampson,
Rio Janeiro, Oct. 22, 1848.
Sir—l have the honour to acquaint you, that in com-
pliance with orders from Rear-Admiral Hornby, to make
further perquisitions respecting the coal said to be found
in the Straits of Magellan, I obtained at Port Famine,
by the kindness of the Governor, a guide to conduct me
to the veins of Punta Arenas (Sandy Bay), and having
anchored in Sillily Bay on the morning of the Bth inst.,
I landed with Mr. Barrowman, second engineer of the
Sampson, and proceeded to the first vein, about seven
miles distant from the bay, situated on the north bank
of the river Punta Arenas, 40 or 50 feet above the level
of the river. The vein is 30 or 40 feet in depth, about
20 feet of which could only be got at for the snow; but
all that was visible appeared to be clean and of good qua-
lity, and may be worked with great ease.
The road, as far as the commeucement of the first
ridge of the hills from the bay, would be about four
miles, over a perfect level; the remainder, about three
miles, is over several ridges of hills, and when it reaches
as high as the first vein de.;cends over a deep brow to the
bed of the river, and is only a footpath.
The second vein is a wile inland of the first, and the
third a mile and a half inland of the second, and were
entirely covered with snow, and cannot be got at until
the summer is more advanced; they are represented to
be quite as good as the first vein, and also close to the
level of the river.

Having secured specimens of the first vein, and find-
ing the principal difficulty that would attend the work-
ing of the mines would be the want of a good road. I
returned to the shore by the bed of the river to ascertain
how far it might be practicable to take advantage of its
level to construct a road to avoid that part of the pre-
sent one which ascends the hill; and, although I found
the river very tortuous, I saw no great difficulty in
forming a road on its banks to join that of the plain,
there being abundance of material, wood, and stone on
the spot, some of the trees measuring three and four
fathoms in girth.
The bed of the river is filled with pieces of good
coal, which must have fallen from the veins on its banks;
and as these deposits are numerous, it may be assumed
there is plenty of coal in the neighbourhood. I ob•
served, also, indications of metallic substances at the
bottom of several tributary rills and rivulets falling into
its course.

The veins have not been worked, nor aro there any ap-
pearances of their being so by the Chili Government,
which has only established Punta Arenas as an outpost,
under the command of a lieutenant and a small detach-
ment, as a matter of occupation.
until a road is constructed, and the means of transportwith
No reliance can be placed on a supply of coal there
from the mines to the bay secured, as it wash only
great difficulty I reached the first vein by t
which was deeply covered with snow.
for hoar inspec-
I shall leave specimens of the coal
of
an
extract
tion, and herewith inclose you the copy
-to Rear-Ad•
from Commander Paynter, of the Gorgon,taning
the hill road,
a state-
miral Hamby, on
tog
etner with
d Laredo Bay, .
meat of his having examine
coal atter experiments
Mr. Barrowinan's opinion of the
the same subject,
on board.—l have, &c.,
TT PERSON, Captain.
con i .
THOMAS ..... EN .
Valparaiso, September 26,
Commanderated ast. A. Paynter, of her Ma-
-1 Gorgon, to lsear-A theiral S.
ExltBr4asct, fromfrom a letterd
jesty's steam-
Commander Sir Thomas Iler-
llornby,
Commandert-oinexCaniieinf.e the neighbourhood of
As
%lilt with several
'I. in company ..
• lored for three miles round the bay, and ob-
servedofficers, explored ber t , alt urns
Montedi r 'te rcivtdecedsot' by
nftolireact°iaoln of, surface coal or any appearance
Laredo Bnoa3i•
on the rise of the bill or falls of the valleys to indicate
a coal formation; on the contrary, tlose porti,ns of
land we passed through were a continued swamp in one
direction for miles, and the hills were cover, d with a
stunted growth of small winter birch, and a few ever-
greens and shrubs; the streams that run in numerous
directions from the neighbouring hills come untinged
and perfectly clear to the sands; it is therefore my im-
pression that in the immediate vicinity of the bay there
are no veins of coal.
Laredo Bay is a very good anchorage, but the north-
west side is to be preferred, as it bus a good sandy
bottom. On the 16th of August, at daylight. I left
Laredo Bay for Port Famine, in which neighbourhood
I was also directed to lock for coals, samples of which
bad been, sent Wow i„ia the Pgiamunder. At 4.5 zu.

JAN. 23.—During the night we had a heavy storm
from the W.S.IV. About four o'clock, at eleven
feet water, the first signal gun was fired, and in half
an hour after the ice on the Upper Elbe began to
move rapidly downwards on the surface. There is
no possibility of navigation to-day, and the country
people cannot cross without risk of life.
HAMBURGII, JAN. 23, NOON. The steamer
Princess ventured, notwithstanding the rapid drifting
of the ice to start this morning for llamburgh, but
was compelled to transfer the passengers and mail to
the ice boat. The Princess was compelled to have
the afternoon mail and passengers conveyed by a
barge from Kohldrand.—Hamburgi Borsenhalle,
Jan. 23.

SPANISH AMERICAN
BONDHOLDERS.
Some very interesting documents have been received
by the Committee of Spanish American Bondholders, and
by Messrs. John Schneider and Co., from Mexico, and
it appears that in addition to the 25,000 dollars advised
as being on board the Teviot, which has arrived this
week, Messrs. Manning and Mackintosh have forwarded
the 40,250 dollars expected some time back, but detained
on account of the difficulty of obtaining an opportunity
to remit. The conclusion we come to after perusal of
the documents is, that there may soon be a dividend de-
clared, but our readers can judge for themselves, as we
subjoin the documents :
FROM MESSRS. MANNING AND MACINTOSH.

" Mexico, December 30.
" We beg to transmit you copies of two communica-
tions, dated October 20 and November 20, addressed to
the Minister of Finance, the former handing a copy of
your note of the 9th of August to Senor Mora, and the
latter copies of the resolutions passed at the public meet-
ing of the bondholders, and informing the Government
of the appointment of Mr. Robertson as a special com-
missioner, in union with ourselves, to represent and en-
force the rights of the bondholders.
" In both of these notes you will observe that we have
repeated and confirmed, in the strongest ma9ner, the
protests made in your city.
" Under date of the sth instant, the Minister replied
to these communications in an oficio,' of which we also
enclose you a copy, wherein it is stated that the Con-
gress has reserved to itself the exclusive right of dis-
posing of the American indemnity money.
" The November mail has just arrived, bringing us
your letter of the Ist ult , with its several enclosures, the
various contents of which have been attentively noted,
and will be replied to in our next."
FROM MESSRS. MANNING, MACKINTOSH, AND CO.
" Vera Cruz, Dec. 16.
" The duties on imports for the month Dolls.
of November amount to ... 243,000 0
To which if you add those from July to
October ...

. . 758,000 0

... 1,001,000 0