The Sun.
London, England, 1851-08-20 00:00:00

WEDNESDAY EVENING, AUGUST 204 1851

should have been realised, on account of the Exhibi-
tion and the extraordinary stimulus thereby afforded
to railway traffic; and if we only get 5f per cent,
now, how can we hope to maintain the same rate
when the Crystal Palace has been removed or con-
verted to another purpose ?" The answer to this is
equally simple. The Exhibition has unquestionably
increased the receipts largely, as will appear by the
next half-yearly accounts; but a very small portion of
it—what in fact was realised in June (in May there
was nothing doing)—came into the present account,
and that was more than absorbed by the extraordinary
preparations that were rendered necessary, all of
which were charged against the revenue of the present
half-) ear, while their fruits are in course of realisa-
tion, and will be distributed in the spring. We be-
lieve we may safely assert that the last half-year's
revenue was rather injured than improved by the
opening of the Exhibition. This ground of objection
is, therefore, removed from under the feet of the ca-
villers. The dividend after the rate of 5f per cent.
per annum we regard as being fully as safe as the
dividends in the public funds, and indeed we shall
feel considerable disappointment if a gradual improve-
' ment be not perceptible ere many years have elapsed.
We may say the same of the other great lines which
have maintained their usual rate of dividend ; we trust,
at all events, that any alarm which may have been
entertained by our readers will be allayed, and that
shareholders will not consent to make undue sacrifices
through any foolish and unaatrranred timidity.

THE FRENCH REPUBLIC-.

We have received the Paris journals of yesterday.
The Tours and Nantes Railway was opened with
great ceremony on Sunday. The Minister of Public
Works was present, and in the course of his speech
apologised for the absence of the PRESIDENT of the
Republic.
Serious disturbances have taken place in Ardeche,
for which the celebration of the festivals of the
Church were made the occasion. The Prefect has
in consequence issued the following proclamation :
"INHABITANTS OF THE ARRONDISSEMENT OF LAR•

HJ SHAKE MARKETS

BUITISB SCILITAITAYS.

Railways.

Aberdeen.. ••
Ambergate, Nottingham,
Boston, & E. ,Itineion
Belfast and County Down
Woiverhamp.,
and Stoar Valley ••
Birkenh., Lan., & Chesil
June., late 331. 6s. dd..
Do. Chest & Birkenbd.,
501. & 251. Consolidated
Do., do., id!.
Bristol and Exeter.. • -
Caledonian .. • .
Chester and Holyhead ..
Direct Lond. aad Portsm.
Dublin and BellastJunct.
Dublin and Kingstown..
Dundalk and Enniskillen
Dundee, Perth, and Aber-

dean Junction .. .•

Do., New
East Anglian (251. L. &
E. and L. & D.)
Do. (181. E. & IL) ..
Eastern Counties
Eastern Union, class A,
late E. U. shores ..

Do. do., B & C shares
tact Lancashire .. ..

Do. New quarters ..
Edinburgh an.i Glasgow
Ellin., Perth, an. 4 Dundee
Exeter and Exmouth ..
(11 &rip, w and South- West,

Do. do. G. D. & C. stock
Great N,,rth ern ..

Cie halves, A, deferrecll
•

Do. halves, B, 6 per ct.
Great ebuthern sad

Western, Ireland ..
Great Western .. ••

Do. Niw, 171. .. .
Lancaster and Carlisle ..

Do. thirds •• .•
Lancaster and Preston ..
Lancashire and Yorkshire
Do. quarter shares
Do. fifths .

Do. West Riding Union
Leeds Northern .. ..
Liverpoo,, Crosby, and

Souhport
London and Blackwall
Do., Tilbury Ext. Scrip
London, Brighton, and

South Coast • •
London and N.-Water]
Do. do. quarters ••
Do. fifths

Do. 101. sh., &PI (c)
London and 8.-Western

Do. new 501.

Do. new 401. .. :•
Manchester, Baton, and

Matlock
ktancheatar, Shaftleld, k
Luicolnshire

Do. Ntancheator

Lincoln Meen ••
.tdland •• •• •• ••

Do. 501. shares

Birraing & Derby
Midland Gt. Weat. (Ire.)l
Newcastle and Cariiale

De. quarter shares ..
Newmarket „ • ..

N ewport, A berkraveiny,

_ .
and Ilereiord
Newry and Enniskillen..
Newry, Warrenpoint. &
Roetrevor ..
Noriolk • • •• ••
Do. New 201. shares.•
Northern Counties Union
!North British.. ..
North Staffordshire
Narth-Western ..
North & Sth .-West. June.
Ixtord, Worcester and
Wolverhampton.. ..
Scottish Central ..

Paid.

17%
100

1 1 0
100

K 6 V

100--

all
U 18 4
100
47%

100
12%

4 2 0
100

100
47%

16 23
ell
126

AT

Nominal Price..

9% to 9%(
4% —4%

IA - 10)(

13 —ll dig.

•• •.

.. - ••
80 -$1
10% - 10%
15% - 16%

••
22 —9O lie.

-3
13 -
b%

4 -4%

3% -3%
13 -13%

27 -29
4% -5%

16% • 16%
11% -5%
12% - 12%

SOX -• 39%
•79 —BO z.d
t.43,‘ 13% z.d
79 —.Bl
834 9 p

44 - 48%

9K sh ttls.
a.
9% 10%

• ..w •
6% - •
6%

91% -92%
118 -119

254 —3 p.
_ap.
3 p.
79 —•0 x.ct
11 —lO &bac'
9 —.lltis.x.d

1% 9
26% 27%
213 i —8% WI.
89% 40
21 20% 31a.
19 21

•• ••
-73 i

11J -- dir.
—.. dia.

IT -19

14 —l3 dlr.'
3 —3% 411 s.
b% —6

94 - 9}ol/.
P

145 -15
15 - 15%

7
4% —4%
8% dl4.

lb —l7
734 334
10
3)4 314 41,

13 -14
21% - 21%
27% - 23

4 -- de.

- 10

I • - ••
163 - 170

.. —.. dia.

li 11 dia.

• • ••• ••
.. - ..

• • •• CIL

17 - 1734

S —7% clic
11% 354 Oa.
16}s 17

rxxzzo

Business done
to-day.

SO%
10%
ib% it

11% It

14%
b% %

[z.d
30X 79% PO
13% z.d

49;( %
9%

6% %

I 92% 92 Si
1104 1194 119
1 247 i 23 J 4%

803 % U :EA

96% 1/

CI.
40 % % %%
14

5% X

21% %
2i%

1734 li fi

12%
l 7 16%

'ALL.

Leasing Business
Railways. comp.'s,. Paid. Nominal Friss& dons to-day.
Barks and Rants
Ex. 5 per Cent. Gt. Western 6 34 1 p.
Bir. and Oxford
Junc.,callsduly
paid, er with a
guarantee •• Do .. all 99 —3O
Do., without a
guarantee .. Do .. all 2$ —99
Llirm., WoL, &
Dud.,calls duly
paid, or with a
guarantee .. Do —lO p
Do., without a
guarantee •• Do • . • • le 7 0 • x.l
Buckhaghamsh. Lon. &N. W. all 17 34 17% 1734
ClvdesdaleJunc Caledonian all 44 —46
E. Lin., Guar. 6
per Cent. .. G. Northern all U 3334
Gloucester and
Dean Forest Gt. Western 20 2 8 p
Hull and Selby Yk. kN. U. all 103 104
Do. % Shares 1)0 .. all 51 —59
Do. ', Shares Do •• all 33 —24
Leeds and Brad. Midland • . all 101 103
Lon. and Green. S. Eastorn.. all 1114 - 11%
1)o., Pref. . Do .. all 2334 3434 94
Lowestoft, Gd. 4
per Cent. • Norfolk •• all 14 —l6
De., 6 per cent Do all • • —••
Middleebro' and
Redcar, 6p. ct Btockt.is Dar all
N. & East, b
per Cent. .. E. Coanties . all 6$
Do. New . Do 43 4 p
Preston and SL. & N.W. all 43 —45
Wyre • • La.& Y.
Do. 34 VharesA Do 1034 834 —934 p.
Read., Guild.,
and Reigate .. S. Eastern • • all 31% —29 11% 1134 2
Roy. & Hitchin G. Northern 634 434 634
o. Shop. Ex.. Do .. .. 2 p.
Shef., Roth. and
Goole, 5 per ct. Lanc.kTork 18 11 6 ..
South Stafford'. Mr. id 'Clean 234 3 du.
Wear Val. 6 per
Cent. gun. Stock.& Dar. all 15 —36 x.d
Do. do. .. Do .. • • all
Do. do. .. Do • • .• all ..
Wilts, Som., &
Weymouth .. Gt. Western all —• •

lcErw.

1171.&1,211,

Railways. I Pitt
,/jOminal Prices. Business does
to-day.
Aberdeen. No. 2, 7 pr. ot. 234 • • —• • CHS.
Caledonian iOl. • • 10 6X 756
Chester and Holyhead .. all 144% 1556 1531
Dund. Per. & Aber. June, all -
East Anglian (31. 1011.)
6 per cent. .. .. • • all 1%
Eastern Counties ratan..
per cent. No. 1 all par )4 p 34 % 34 Pin
Do. NO. 2 .. all % dis par di'
Do. clew 6p. cent. Stock 10 10% 10% 1034
Eastern Union, Scrip
gnaran. 6 per cent. •• all 11% 11% 11%
Do. 101. Deben. Shares . all • •
East Lancashire, 6 per
cent. quarter shares .. all • •-• ••
E. Br. W . York. Jane. ISths all
Edln. Per. & Dun. 61 p. ct. all 34 dis. par
Glasgow & Conaol 100 •
at Nerthern. 5 per cent. all 13% 11% 1334
Great south. & Western
(Ireland) eighths 5 34 134 P.
Lancashire and York-
shire, F. 201... • •
Do. 6 per ct. Stock .. 100 .• ••
Leeds and Think, 6 per
cent., No. 1.. • • .. 11 p
Do. quarters, 1845 • • 0 • p
London, Brighton, and
South Coast guar. 5 per
et., late Croydon thirds 100
Do. pref., 5 p et. Stock,
1851, from 501. share. E 100 4
Do. new guar., 6 per in. 100 •
London & S.-W., new .. j 334 y p.x.d
Londonderry and Ennis-
killen, shares ID „
Manch., Sheffield, and
Line., guar. airs., No. 1 all 11% - 1534
Do. new, 101. all ma 12
Do., 61. 3 % P
Midland Con. 6p. c. ~lock 100
Do. Consol. Bristol &
Birming., 6 per oent... 100 126 130 188% 127%
Do. Bristol & (lioness. 48 • •
Norfolk Extension .. all 18 —l6
o. guar. 534 per cent. ail 434
Do. Waveney Valley ..- I "
North British .. 4% --5
Oxf. Wor. &W 01.151.6 p.c 6 % I P
Shrewsbury and Birm.
New Guaranteed ..au 10 1036
Shrews. and Ches. (Nor.
W. Min.) ot per cent, all 18 1534
South Devon .• • • au 13 —l4
South-Eastern, 434 p. ct 10 ••
Waterford & Kilkenny. 5/. 1 -• • —" • •
West London, lst Cl. (101.) all • • —• •
Do. Id Class de. (par) all ** ••
York, Newc., and Berw..
Gt. Nof E. Pur. all 16 1634
5 4 —4%
York and North Midland
H. and S. Pura. .. 10 134 —l% CS.
1•03113XCIllf.
Boulogne and Asilens all 1034 in% 10%
Central of France (Or-
leans and Vierion) •• all 17 17%
Demerara .. .„ all
Dutch itheniah •• 8 4% —44 die. 3%
East Indian .. • • 16 a p.
Do, do. do. ..
Great Indian Peninsnla•• all Ip.
Ditto ditto ..
3% —4% p.
Louvain ala Sambre .. 7% _
Luxembourg .. 1
13(
Ditto •••• .. .. 10 2% —2%
Madrid and Valentin ..
tirMaa JulitturaoAnaltodewnLliaege 471kal67akigg
s:x
6410%
5% 74
Northern of France •• 16 14% l i% 1434
Orleans and Bordeaux .. 9 4% 454 41*. 4%
Paris and Orleans .. all 34
Paris and Konen .. .. all 23% 2436 x.d x.d
Paris and Strasbourg .. 17 3% —6h, 34. 1154 %
ionen and Havre 9% —9% 34
lambre and Meuse .. au 536 334
['ours and Nantes • • .. 6 9% 934 lb'
r:oumay, , Jurbise, Lin-
den, and Hassel! all/1 ••••• • •
'PollElia4llll .t 3% 2 12

ivintrzs.

Paid Nominal Prices,. i Busaiess doo
to-day.
Australian 4 1% —2%
Barossa Range .
Bleenarvon Iron and Coal all • • —••
Bolanos Scrip .......... ••
British 1r0n............ 13 5 —••
Brazilian Imp (is. 51. p.) 2434 —••
Do. Cocaes and Culaba all • •
Do. St. dotal del Rey •• 15 18% 19% Id 18%
Cobra Copper • .... 40 35 363{ 31% 3% 4%
Ceplapo ••..• • • • . 14 634 —7%
General— • • •• ........ all 13% —l4
Mexican& S. American 9 3% —4%
Real Del Monte, Uureg. % %
Do. Black Debentures. .. .•
Do. Red Debentures •• ••
Santiago de Cuba ...... 10 3 —a%
Tin Croft .. • . • . •• .... • • 7 8
United Mexican 25 2 8,4 2% —2%
JOINT STOCK BANNS.
Australasia .... •• ••• • • • all 35
British North America.. 50 45 —46 45
C010nia1..............25 10% 12
Commercial of London.. 20 25 4634
London Joint Stock .... 10 18% 17% 1834
Lon•lon and Westminster 20 27% —29
National Provincial Eng. 35 .. —••
Do. New 10 •• ••
National of Ireland .... 22% 18% 30%
Provincial of Ireland.. 25 42 —44
Do. New .. all 15% 16%
Union of Australia all 35 3634
Do. New 23` 3
Union of London • • 10 13% -- 14%
Union of Madrid all
MISCELLANEOUS.
Canada ••.. • • ••• • • • 32% 48 —49
Gen. Steam Navigation . 14 26% —2B
Penin. & Oriental Steam. all 611 —B9
Ditto ditto 5 11 9 xd
Royal Mail Steam ..•• .. 60 711 —BO
(We cannot be answerable for the errors of the Official Lilts, and
will not De influenced by interested correspondents.]

MONEY and COMMERCIAL NEWS.
CITY, TWO O'CLOCK.

The sales of Cotton at Liverpool yesterday were esti-
mated at from 6,000 to 7,000 bales, of which 1,000
American were taken for export, and 1,000 on specula-
tion. The market was very firm, and American were
11. per lb. higher; all other kinds without alteration.—
lit- Share Market was dull, and prices suffered a fur-
ther considerable decline.

There are numerous sales to-day in the Produce
Markets.

The rates at which bills of .exchange, dated 90 days,
were negotiated yesterday afternoon upon the principal
continental cities, were all higher, Paris being at 25 25
to 30, Amsterdam at 11 18 to 114, Hamburgh at 13 8
to 84, and Trieste at 11 15 to 51.
Tne result of the meeting of the Spanish Bond-
holders we stated yesterday, and we find upon
inquiry that it appears to give satisfaction. It is quite
true, nevertheless, that there are many parties who
would have preferred an indignant rejection of the con-
fiscatory plan embodied in the law which M. Bravo Mu-
rillo has induced the Cortes to sanction, but these par-
ties are either wealthy or do not perhaps consider that
the whole case is surreueded with difficulties. If
they can afford to wait, the miserable families
who have fur years existed upon a mere pit-
tance, are not in the same happy position, and
therefore will, however reluctantly, come into the unjust
compromise. The general remark is that the debtor is
dishonest and insensible to the high tone of moral feeling
that obtains among other European countries, conse-
quently it is wiser to get what is offered. One thing,
at least, should be well understood. Spain deserves no
thanks, no eulogy, no gratitude. She has her own
reward, for in the preamble of the Bill she boasts
of national faith, public principle, and so forth,
ad nauseam. Still we believe that the Spanish people
are not to be confounded with their Government, the
study of which. for years past, has been only to en.
rich its several Members and Queen Christina and her
favourites. Any one who objects that the resources of
epatn will not enable her to do more, shohld remember
that her forbearing and generous creditors do not ask
more than she can grant. f hey simply desired that Spain
seould keep her d, bt and interest intact, pay ing what she
could afford now, and more hereafter. This, however, was
too honest and straightforware a c urse for any Minister
at Medria, and accordingly halt the interest in arrear
was unblushingly cut off, and the debtor told the claim-
ants they must take what they could get. Had the pro-
posal not been accepted by the meeting yesterday, .he
Spanish Government would have gone on quietly paying
the (field. rids to the minority who bent in their assent
privately, or might even have declared that
as a newjority did not acquiesce, the law
should not be car ried out, and there would
bre possibly a delay of one or two years more.
Under these circumstances, strong as is our feeling
against the Spanish G ,vernment, we think the bond
hold- rs had no other course but to accept, nor do we
consider it would have been practicable to apportion the
money between those who held their bonds with the
coupons attached, and those who had cut them off and
sold them in the open market.
In this "piping time" of railways, when a new
scheme is quite a rarity, there needs some
special recommendation to induce participation in it.
The Western Railway of France, comprising the section
front Paris, through Versailles to C, artres, La Louppe,
and Le Mane, hay been conceded to Messrs. Peto, Geach,
lirassey Betts, Fox, Henderson, and Stokes. The con-
ditions appear to be very favourable, and the Govern-
ment guarantee a minimutn rate of profit of four per
cent. per annum on all the capital. There will be
880.0001. however issued in class A shares, and these
will receive the whole guarantee so as to yield six per
cent. . .

---
In the Amsterdam market on the 18th inst. home
Stocks were well supported. Foreign Stocks were
without any particular variation. Dutch Two-and-a-
Balf per Cents. 58 13-16.
The English Stock Market has been without anima-
tion. Console bring 96} to 96} fur Transter, and 96f
for Account. The New ihree and-a-Quarter per C,
have been 984 to 99; and the Three per Cents. 97 to
97k. Bank Swek has been at 2151. The premium on
Each, tier-bilis is 445. to 475.
The Fqreign Market hue been dull. Spunibh Five
per Cents. have remained at 20 ; and the Three per
t'ents have been 38. Mexican Linda are better ; viz.,
28f to ; Ptrnvitin Five per Cent. Stock has been 90
to 91; Dutch Twu-aud-a-Half per Cents. have been
voted 59 to 59i
Railway Shares have been rather fluctuating, but on
the whole better. _ _

We hear. from good authority. that the returns to be
published next Saturday will show an increase of nearly
a quarter of a million in the Bank bulliun.

ONE
-HICES OF 13EITIII FUNDS O'CLOCK.:

BulN Ito Ck.
. . .

3 per Cent. Redueed Anna.
971 97
3 i.e‘ Cont. Consols Anruitzea... -.. 961,413/4,
%TAN. 34 per Cent. Anna_.......
Long Ann& to expire .1 an. trig() -16 7%
Unto. 30 years, Oct. 10.1859...... 7 3-16
I ~u, mincle, 1,0004_
Ditto ander 1,0004_ , .......
.louth Sea Stock
C r.0,1i, Lo: Account ,•••• •• 964
"..: 'chequer bur& 14„.j.
1,0001.
500/. .. 44 47 p
Small. .. .. . ., 44 47 p

ONE
YRICESI OF FORVION trUNDS. O'CLOCK

CLOSING
PRICES.
215%
97%
96172
99
7
53 p
56 p
107 44
96%

41 p

47 1,
47 p
PRICES
913/a
92
55
78
28
28%
434
321 A

rev hay. .inrifif., 5 per Cent. .......
Ditto, Small ........ ....... • ••••••
Buenos Ayret. Bonds. 6 per Cent 55
rAnish 80nd5,1826,3 per Ceut. 7 4
Di 4)can, por t ,ex Jan. Coupe 2Bl/s
Ditto, Account
Peruvian Bondo. 5 Per Cori'
Ditto, Deferred
Portuguese ti per Cents.
nit tn. 4 per Cont.
Sardinian Bonds, 5 per Cent.
Ditto, Scrip
S• per t.Jesit. tB4l. .......
Ditto, Account
Ditto. 3 per Cent
Dividends on the above payable in London.
Belgian, 41/9 per Cent.
Dutch 2% per Cent. 12 Guild 53104

% die

9334
59%

or btrti Ebttton
YORK AUGUST MEETING.

(THIS DAY.)

(BY ELECTRIC TELEGRAPH.)

The Dundas bakes.

Radulphui
Deceitful

1
•••

... 2

Match.
Prince Cando° colt beat Young Hawthorn, but both

Vivancliere
Iris

horses ran the wrong course.
The Yorkshire Oaks.

Prestige ...

Won by a bead.
LATEST BETTING.
rsolt NANDICAP.
2 to 1 apt N4noy
8 to 1 agst Maid of Mafihata

... 1

... *0 0 3

LLOYD'S Sit tl-'YI 6.—t Tuts DAB''.)
LONDON, Atm. 20.—Wind this day at noon W. to
S.W., light bicf ze. and fine clear. %eat her.
OFF EXMOUTH BAR, Aua 19.—William, Quebec.
PILL. Alio. 19 —Wind N W.—Sld. F..am, Africa.
BRISTOL; AUG. 19 —Witai W. I s W.—Arrd. Feliza,
Trinniad ; Ealing, Nev, a ; c„qcy, Jamaica.
GLOUCESTER, AUG. 19 —Arrd. Ann, Quebec. Sld.
Irrland, Que,,ee ; JosP; h 4, Quebec.
NEWPORT, AUG. 19.—Wine N.—Sld. Stanley, St.
Thomas ; El;z i Jenkins, Ntw York ; Janetta, Portland,
United Status.,
ABERYSTWITII —Sid. Ann Davies, Quebec.
OFF V% lIITBY Qut.hec. for tirimahy.
1 DEAL, AUG, 19.—Wind N.E ; P M., E.N.E,—Arrd.
Kuniovv'illetu 1., Batavia, for Amsterdam; Hamburg!),
Rio Janeiro, for Bremen. Arrived from the River and
Sailed. Tropee, St Andrews, N. B.
PETERUEAD —Arrd. Eclipse, Greenland, with 120
tuna seal oil.
CLYDE, Ano, 18...-Arrd. Captain, Demerara. Sld.
Eliza Stewart, CaleuVa.
DUBLIN, Ana 18.—Wind W.N,W.—Arrd. Ottawa,
(Zvi), c; Maly, Antigua; Everthorpe, St. John's, New
Brunswick.
0 UTMAMPTON, AUG. 19 —Wind S E.—SU Ii era
steamer, S)dney, New South Wales.
PLYXOUTII, Aua. 19.—Wind HooghlYl
Pod Philip. Q port, Ccopetitcr, Disaritiu.

WATERFORD, AUO. .w vr.s.W.""
Arr To ntle,Qu toc. Sld. Orinoco, Quebec.
QUEENSTOWN, AUG 18.—Wild b.W.—Arrd. Ar
boha, Callao; Mart, a Day, Pernambuco; Hebe, Quebec,
Off, port. Grace ant Cakeopea, Mauritius; Essex, lebsbe,
MONROVIA, JUNE gO. —The Meteor. of Sierra Lilac
is reported to have foundered at sea off the Gold Co'ast
all hands saved.

,
MARKET NEWS -(THIS DA 1./
<is -
CORN EXCHANGE-WEDNESDAI;
The supply of English Wheat here to-day was Wel;
and chiefly composed of Monday's unsold samples.
weather being very favourable for harvest work, and th°
attendance of buyers limited, the demand for all kindoe,
Wheat of home produce was dull in the extreme, 6;
almost nominal currencies. From abroad, upvierds,%
5,000 quarters of Wheat have come to hand. ~elec-1
samples of both red and white sold at barely previou
rates. In other kinds, scarcely a transaction took Ploneoi
Barley met a very dull inquiry, but importers were n
sellers on lower terms. The Malt trade ruled beeTYII
late figures. The arrivals of Foreign Oats being good i
20.310 quarters—the Oat trade was dull, at gouda re
prices. Beans, Peas, Indian Corn, and Flour Were
offering on lower terms. Very favourable accounts:hao
Were
reached us respecting the general appearance n'
potato crop.

Wheat.

English • • • • • •
Irish •••••• • •
Foreign ......