The Sun.
London, England, 1851-06-12 00:00:00

NoMinal PriCeS. i B4Sin'

ainoae dons
to-day Asturian •• •• .
Australian •• •• ••
Barossa Range ......
2 Blaenarvon Iron and Coal
Bolanos Scrip .. ••
British Iron.. • • .....
Brazilian Imp. (is. bl. p.)
Do. Cocaes and Cuiaba
Do. St. John del Rey..
Cobre Copper • ••
Copiapo •••• • • ..... • • •
General .......... ••
Mexican & S. American
Real Del Monte, Unreg.
Do. Black Debentures.
Do. Red Debentures ..
Santiago de Cuba
Tin Croft .... • • •• ••
Lilted Mexican.— •• • • 19

13% N %
-- 2 -
3%

•• ••

.. - ..

3274 _32
-
19
38% - 39
634 -
13N - 14
33i
}ta

• • •-• .•

7% —6%
3%
4-- 5
ME EAMES,
33 32)4
42% 43}ca
10N, 12
25 25%
18% —l7k
27% —28 M

JOIN'

Australasia ...........
British North America..
Colonial ..............
Commercial of London..
London Joint Stock ....
London and Westminster
National Provincial Eng
Do. New . .....
National of Ireland ....
Provincial of Ireland....
Do. New ..........
Union of Australia ..
Do. New .......
Union of London
Union of Madrid

Gen. Steam Navigation .
Peniu. & Oriental Steam.
Ditto ditto
Royal Mail Steam
Me cannot be answer
will 'tot be influenced by

MONEY and COMMERCIAL NEWS.
CTY, TWO O'LOCK.
The sales of Cotton at Liverpool yesterdayC
were esti-
mated at 8,000 bales, of which 1,000 American and 500
Surat, were taken for export, and 500 American on
speculation. The sales comprised 6,500 American, 100
Pernam and Maranham, at 61d. to 7id.; 100 Bahia, at
64c1. to 6id ; 150 Egyptian, at 6IJ. to7id.; 1,000 Surat,
at 211 d. to 4id.; and 20 Sea Island, at 11d. to Is. per lb.
The market closed firmly with American nearly id.
per lb. higher.—Railway Shares were firm at slightly
advanced rates.
The six weeks' average price of Wheat is 38s. 10d. per
quarter, and the sales have been 88,203 quarters.
Much has been said and written about Customs' abuses
and frauds, and there can be no doubt that good cause
for vigilance exists, and that the revenue has suffered
greatly, not alone by the smuggling of the dishonest
trader, but likewise by the connivance of the officers ap•
pointed to protect it. What is now being brought under
the notice of Parliament and of the public is, however,
of a totally different character, being neither more nor
jless than allegations of utter disregard to principles of
ustice and habits of business on the part of the adminis-
trative body of the Customs—the Commissioners. One
might also say, from the powers with which the Board
is invested, that it is both legislative and executive
in its functions, and a more arbitrary or
carless exercise of gigantic powers it is
scarcely possible to conceive. The fault is inherent
in the system of appointing these responsible parties,
and one is at a loss to conceive how business can have
so long been conducted under such arrangements with-
out exciting the irresistible feeling that has lately arisen
among the mercantile body, who will, we feel persuaded,
never rest satisfied until there is a thorough reform.
The prosecution of the Dock Companies has brought
the matter to a crisis when it might have smouldered for
a long time to come; and the committee of merchants
formed to accelerate a re-modelling of our Customs' ad-
di, ministration is working with that zeal and energy so
- peculiar to Englishmen when once aroused, though so
difficult in the first instance to excite. The time of our
commercial men is too valuable not to prove always a
preventive of frivolous complaints. The committee
have published a further series of cases as follows:
" 1. Instances in which, through mistake or igno-
rance of the merchant, higher than the legal duties have
been exacted, and all redress or restitution withheld.
" 2. The deliberate defiance of their own laws by the
Board and the Treasury; and their encouragement of
mere speculative seizures for ad valorem duties by the
officers to promote the profit of Custom-house sales, to
the sacrifice of the business of the merchant.
" 3. &lost oppressive and vindictive accumulations
of prosecutions against meritorious public officers, urea
whom ruinous expenses are heaped for indictments
which are proved to be unfounded by their failure; while
no redress is given for the wrong.
" 4. Seizures of wholesale imports of goods liable to
ad valorem duties, on the speculation of realising a profit,
by converting the Custom-house into a huckster's shop
fur selling at retail prices.
" 5. Seizure of British goods as of foreign manu-
facture, and combinations of the officers to intimidate
the merchant into abandonment of his lawful property,
virtually abetted by the refusal of all redress by the
Treasury.
"6. Finical officiousness, and overlaying the intel-
ligent discharge of reasonable duty with martinet strin-
gency.
" 7. Wresting the powers of the law to the oppression
of the labouring poor.
"8. The punishment of mere ignorance with the
penalties of fraud; churlish official bearing, especially
towards foreigners; and unnecessary delays, expensive
to the public."
This little recapitulation of instances will serve to
illustrate what upon a future occasion it may be neces-
sary to refer to more in detail.
The English Stock Market has been very firm again,
and the advance which occurred yesterday afternoon has
been supported, although the amount of business done has
not been large. Consuls have realized 98 to 4 for Transfer
and 98,i to for Account. The New Three-and-a-
Quarter per Cents. have been 98i- The Transfer
Books for Consols close this afternoon. Bank Stock has
been at 211'41 to 2121. Exchequer-bills have been 435.
to 465., and India Bonds 525. to 535. premium.
In the Foreign Market the settlement of the half-
monthly account is in progress. Mexican Bonds have
been at 344 to and Peruvian Five per Cents. at 87i- to
88, being steady. Spanish Five per Cents. have realized
20 and the Three per Cents. 40i to Portuguese
Four per Cents. have been at 324. Venezuela Stock has
realized 32k. Belgian Four-and-a•rlalf per Cents. are
914 to 92, and Russian 102 i. There is, as yet, no
speculation for the New Account.
The last week's Railway Receipts, ascertained up to
this day, are in rouud figures as under:-
1851. 1850.
Great Western...
North-Western 58,455 .... 48,277
South-Western 15,419 ... 11068
Brighten
11,028 ... 10,007
Midland
South-Eastern
North Staffbrd 4,974 .. 4,322
Caledonian
The above excellent traffic returns have . imparted no
stimulus to speculative dealings in railway shares, and
the quotations have not been buoyant. The business
doing is very limited.

QUARTER TO THREE.
Consols 9B
it
Ditto Account, July 17 ... 98
BRITISH FUNDS THIS DAY AT ONE O'CLOCIL
(From the Official List.)
Bank Stock 212% 211%
3 per Cont. Reduced Annuities 97NA 14
8 per Cent. Consols Anne
New sq per Cent. Anus.., ....... 98 t 1/2
Long Josanitie.s, Exp. Jan. sth, 1860 7 5-16
Do. 30 Years, Expire Jan. 5, 1860 7 9-16
India Stock .................................
Do. Bonds, 10004- ....
............. 53 52 p
Consols for Aseount
.................... 981/2A, EKrh4aner Bills.
1,0001. .......................... 46 43 p
Small .......................... 43 47 p
PRICK OF FOREIGN FUNDS AT ONE O'CLOCK.
Mexican Bends, 1646,5 per Cent., Coupon, 34%
antigen Bonds, 5 per Cent 87% 88
Portiguese Bonds, 6 per Cent
Ditto 4 nor Cent.

Russian Bonds, 1822, 5 per Cent...
Ditto 431 per_Cent. .. 1132 y

Bpaiish Bends, 5 per Cent 204
Spanish Bonds, 3 per Cent,lB4o 401/41/4%
Venezuela Bonds
Dividends of the above payable in London.
Austrian Bonde, 5 per Cent..... ...... 741/4
Belgian 41/4 per Cent . 92 913/4

LLOYD'S SHIPPING.—{THIS DAY.)
LONDON, JUNE 12.—Wind at noon W., fresh gale and
cloudy, with rain at times.
PENANG, APRIL 17.—The Jasich Austrian barque
has just arrived from the west coast of Sumatra, bring-
ing intelligence of the murder of the master and two
mates of the Sicilian barque Clementine, by the natives,
who made off with 20,000 dollars. We hear also that
she was recaptured by two American vessels, who made
her over to two French ships, and was afterwards sent
on to Bourbon.
ELSINORE, JUNE 7.—The Neptune steamer, which was
on shore on the Swine bottoms, has been got afloat this
afternoon, and
,will probably be towed up to Copen.
hagen in the course of the night.
LLANELLI, JUNE l I.—The Sea Adventure barque, of
Shoreham, bound to London, struck on a sand bank,
and has come into harbour with four feet water in he
hold. ; r
PORTSBIOUTH, JUNE 11.—W.11. iy to W,s
Sld. Sir Robert Peel, Now York; Nell, lu ‘,adras and • 1—
Calcutta; Japan, Mauritius.
FALMOUTH, JUNE H.—Wind variable.--Arrived
Aurora, Sierra Leone; JaneziErhsliteir.ieN,
New
eil"annab.
York; Meame,
TRALEE,--Sld. Duncan, Ritchie,
Quebec.
LERWICK, JUNE 10.—Wind
Ann and
Maris, Quebec.
FARO, JUNE 3.--.TIIO Swallow, Cadiz to Sydney, C. 8.,
throwing cargo Overboard, and making 40 inches
per btu beep surveyed, and will discharge.
LIVERPOOL, JUNE 11 N
Bell, Mauritius; Col -tut •W•—Arrd. Eliza
u_rabla, New Orleans; William
Nelson, ditto; Rosetta,
Lochinvar, St. johb,sa•
NBt. Stephen's, New Brunswick;
, ea Brunswick. Off port, Con-
fucius, China; Dickey Sam, Callao; Albert Gallaton;
Alexandria-. 81(1. Johannes, Rio Janeiro;
CEaunnsoon:ia,Roßoslivar; Catharine, Staten Island; Puella,
ditto; Rhondda, Buenos Ayres;
New York;
Pluto, Revieoakneiro; Eliza, ditto; Arctic steamer,
York; President, Boston; Legusta, ditto.
DEAL, Juzis 11.—Wind N.W. to S.—Arrd. Gustave,
Clew e York; Chantley Castle; Colombo; Juno, Callao;
patra, Barbadoes; Andre et Celeste, Porto Rico.
Arrd. from the River, Plicenecie,n, Sydney, New South
Wales; Statesman Port Philip. Arrd. from the River
and aid, Commodore, Clyde and Port I
liollge.

223( 18% 2054
2.5 42 —44
all 1574 15
all 35 33%
2% 3 —3%
10 12% 13%
all •• —••
'SCELLANEOUS.
323 443{ 463{
14 263 —2B
all 69% —7l
5 11 11%
60 75 —7B 76
able for the errors of the °dicta Lists, and
interested correspondents.]