The Sun.
London, England, 1851-01-30 00:00:00

MINES.

Paid. Nominal Prices.
Business don
to-day.
Anglo-illexican(is. Si. p.) 100 .. —..
Asturian .... . • .... •• • • 15 .. —..
Australian 4 314 —2%
Barossa Range 1 13 0 3% —3%
Blaenarvon Iron and Coal 50 .. —..
Bolanos Scrip ........ • •
British Iron.. ..... • l3 5 ..
Brazilian Imp. (is. Si. p ) 241 .. -- • •
Do. Cocaes and Cuiaba 30 2% 2
Do. St. John del Rey 15 14% 13%
Cobre Copper ...... 4O 32% 35
Copiapo ........... • • 14 534 534
General ...... 2O IS% 14
Real Del Monte, Unreg % 'is
Do. Black Debentures . • • —• •
Do. Red Debentures — .. —• •
Santiago de Cuba .... 10 9 —7%
Tin Croft .......• , 7 10% -II
United Mexican— .. •• • •128 2 814 61% 5 4%
MISCELLANEOUS.
Canada ..... ..
Gen. Steam Navigation
Penin. & Oriental Steam. 50 78% —76 x. all 6734 5
Royal N ail Steam .. • •
Peninsular and Oriental Steam, 5 paid, has been done at 12.

f We cannot be answer:
will not be influenced by

ible for ti
interesto

he errors of the 01
A correspondents.]

[dal Lists, and

MONEY and ILOMIILERCIAL NEWS.
CITY, TWO O'CLOCK.
The sales of Cotton at Liverpool yesterday were esti-
mated at 3,500 bales, comprising 2,500 American, 200
P‘rnam and Maranhatn, at Bd. to Sid.; 100 Egyptian,
at 84d. to B"t,i.; and 500 Surat, at sd. to 54d. per lb. The
market was heavy, and prices were *d. lower than on
Friday last.—ln Railway Shares a good business was
done at higher rates.
The following are extracts from a communication,
dated New Orleans the 4th inst., and forwarded by
Messrs. Schroeder and Manning: --
" In our last, of 21st ult.. we alluded to the anxiously
looked for intelligence by the steamer of the 7th De-
cember, upon the tenor of which, it was believed, the
course of prices for Cotton would in a great measure
depend. When the news at last, after an unusual delay,
was received, and proved to be of a favourable charac-
ter, the position of our market at once became changed
—buyers came forward with much spirit, and the de-
mand became active and general, resulting in a busi-
ness of 20,200 bales during the week, at gradually stif-
fening prices.
" The inquiry has been equally brisk during all last
week, and in spite of sundry impediments in the way of
business, such as holidays, rainy weather, and declining
exchanges, the transactions have amounted to 32,000
bales, prices have steadily improved, and are to day ic.
higher than a week ago. The advance would probably
have been greater but for the difficulty in making ex-
change negotiations, by which many buyers were pre-
vented from operating.
" The receipts of Cotton have lately materially fallen
off in quality, and much inferior and high-coloured
Cotton is now being received; the latter, being such
Cotton as has been caught by the frost, has generally
the redeeming quality of an excellent staple. Estimates
of the crop, 2,100,000 to 2,200,000 bales.

'.We are without any transactions of consequence to
notice in the Tobacco Market, as few buyers seem
disposed to come forward at the rates which have re-
ct,ntly been current, while at the same time holders
maintain a fair degree of firmness. In this position of
the market, quotations are of course nominal, and we
have to wait until a renewal of business shall exhibit
wore definitively the position of the market. Whilst
the transactions have been very limited as regards the
better qualities of Tobacco, the lower grades are still
being sought after by the buyer for Spain, who is made
to pay from 74e. to 8)1c. fur Refuted,' according to
quality.
" Of new Tobacco some small lots have been re-
ceived, but the quality of all is decidedly poor; the leaf
is light, and of rather a wild growth, and without a de-
cided character. The estimates of the crop range from
55 to 60,000 hhds.

"Owing to the favourable accounts from Rio, and also
from the East, the demand has been good, and holders
have succeeded in establishing an advance upon all
qualities of to during the pant week. The transac-
tions have been considerable at 10f to 101 c., the latter
rate being now the prevailing olae for good new Coffee.
The imports during the last fortnight consist of
15,427 bags."
Some of the continental mails have not arrived in due
course, owing to the boisterous vreather.
The holders of Spanish Stock have been discussing
with evident complacency the salutary taste of English
law which was given yesterday to her Catholic Ma-
jesty's Government by the decision in the Lord Mayor's
Court. The case was lucidly rep orted in last evening's
Sun, but the bearings of it may be appropriately con-
sidered here. Certain creditors of Spain, sick at heart
from the apathetic and disgractriul violation of public
faith by Spain, determined upon the attempt to wrest a
fraction of her enormous revenue from her. Accord-
ingly they attached monies, lying, we believe,
at Messrs. Stone, Martin, and Stone's, the bankers,
for the purpose of meeting :the dividends on the
Three per Cents., the only security upon which Spain
has attempted to pay for many y ears. The bonds held
by the claimants proceeding in this case are those of
1834, issued by the Queen Reg e tit in the name of her
daughter, and the proceeds tend ed powerfully to con-
solidate the throne. Nevertheless„ 18 years have elapsed,
and the foreign creditor has beeso suffered to lament and
pine, the possessor, as far as he come is concerned, of
mere waste paper, although the: revenue of Spain has
been annually increasing to a re markable amount, and
honestly applied, would suffice to meet every demand in
full. With corrupt, supine, ambiti cue, or military rulers,
however, it could not be expected that the voice of distant
claimants would be much heeded., Hence remonstrance
after remonstrance, condemnation and exposure, appeals
and expressions of hope or confidence, have all alike
been vainly employed by the unlucky creditors. No
country has so studiously disreg•i irded the maintenance
of public credit. Its own offspring in the new world
have one by one evinced an earns st desire to take a more
elevated position among natims. Chili ranks with
European states of the first osier; Mexico under the
most difficult circumstances has is dmitted her obligations,
and strenuously endeavoured to fulfil them. Peru has
appropriated its richest produ ot; Venenuela and the
minor states have made arrangere vents ; and Buenos:Ayres,
under a Dictator evinces a sense o 1 returning compunction.
Spain up to this hour has paid not a sixpence on the
capital of its debt. It simply smarts under the infliction
of some 300,0001. per annum a a interest upon interest.
So much for evasion and accum,ulation. Still there are
parties sanguine enough to con c hide that the time is
come when we may hope for be t ter things. Lord How-
den is supporting the good :cause at Madrid. Mr.
Weisweller, Rothschild's agent t here, is attending to the
business details, the committee i n London are prepared
to take the sense of their co-1► ondholders the moment
the plan of M. Bertran de Lis, the new Finance Minis-
ter, is announced, and there i i a show of energy and
purpose on all hands that engin., I well. In the meantime,
as before remarked, certain mon oys here.belonging to the
Spanish Government have 1) een attached under a
law that gives peculiar pi.ivileges to the City,
and the Honourable the Record a r holds the attachment
to be good. This may lead to a decision, or at least to a
discussion, on the merits of the: case, and although at-
tachments by a little contrivance, are easy to avoid, and
the bondholders may ne►er hate the chance again, no
harm will have been done by the demonstration or by
the official declaration that the to reditors had a just right
to make the attempt. The art's talon of the world can-
not too often be drawn to the f iict that Spain can pay,
but will not.

The holders of United Me Lxican Mine Shares are
hopeful of the future, and obviously very desirous that
the vi orking of the new lodes should have a fair chance,
and not be stinted for want of is moderate application of
capital. Accordingly they rosi ited, by a large majority,
at the meeting yesterday, the tosmptation to divide ss.
per share—which the funds in hand would have allowed
—as dividend; and great as i is the denial practised, it
may prove the foundation of mi ich larger profits should
the new mine realise the expec Wien indulged by many.
The present year, with its r more abundant supply of
quicksilver, will probably be tile great era for mining
enterprise in Mexico, the expul filen of so many citizens
of that republic from California , and the advanced price
of silver, being a decided lucent Ivo.
The English Stock Market Itas been very quiet, and
not higher. Consols have been quoted 96i for
Transfer and Account, in theaT isence of any news of in-
terest from abroad. There is no speculation, and the
money purchasers are chiefly 1)y the Commissioners for
the Reduction of the Debt. The New Three-and-a-
Quarter per Cents. have real sod 984 to 99; and the
Three per Cents. 97A Batik Stock is worth 215.
East India Stock has been o:uoted 266. Exchequer-
bills have been marked 58s. to tils.; and Indian Bonds,
70s. to 71s. premium.
The arrangements, are making in the Foreign Market
for the settlement of the Account to-morrow. Mexican
have improved to 334 i; Peruvian Four-andsa-Hall per
Cents. are 784 to i; and Brazi lion Old Five :per Cents.
89i to 90i. Portuguese Four per Cents. are steady at
85. Spanish Five per Cents. have been 18i t,-; and the
Three per Cents. 38 to s, with Jess doing. French Five
per Cents. are 96, with the Exchange at 25 5; and
Dutch Four per Cents. at 91* t.)
The Railway Share Market; is again exceedingly
buoy ant. Lancashire and York shire have risen to 57k;
South-Western have touched 86 and 87; Midland are up
to 53i; North Stafford to 91; and York and North
Midland, South-Eastern, Great Western, &c., have im-
proved. Foreign Shares are better. Sambre and
Meuse are up to 3i.
The last week's Railway R(sceipts, ascertained up to
this day, are in round figures an under:—

1851.
Great-Western £14,180

1850
_ £13,188
..• 39.347
• 7,089
•.• 6,344
▪ 19,214
••• 7,731
2.369
5,146

North-Western
South-We*torn 8,038
Brighten
Midland
South-Easter❑

North Stafford
Caledonian 6,099
QUARTE.U. TO TTIR.Efr.,
... 96i
osg

C 0133018 ••• •••
Ditto Account •• • •••

ONE CLOSING
PRICES OF BRITISH FUNDS O'CLOC ntK. IcE.s.
Bulk z tuck
3 pe: Cent. itt‘tut-wu ~ nus. — 971/% V !'7%
3 per Gant. Consols Annuit,eB... U._ 9642% - 96%
3 per Cent. Annuities, 1726 ... ..... 961,E 9618
3 per Cent. Annuities, 1751„,........ 964,
96,,q
..,• ~ 3 pt. t...m.im. Awn. - ... .... 9S, 99 98.7,i 99 98%
La.l7rt Anus. toexpire" Jsn.lB6o
. •-
Ditto 30 yeazi, Jan. 5, 1860 7 7-16 71',, : 71iz
India Stock
f,:f,1,-., :!,0,Y.Y....,.,. „„,, . _ . 70 71 p 2.66
71 p
.
•-- ..: 63 ... p -4:: p
9674
96;i

South Sea Mock
Ditto Old Annuities
Consols for Account 961/2%