The Sun.
London, England, 1851-02-13 00:00:00

Anglo•Mexican(is. 5/. p.)
Asturian • • • • • • • • • •
Australian ••..••• • • • • •
Barossa Range
Blaenanmn Iron and Coal
Bolanos Scrip
British Iron.. • • • •
Brazilian Imp. (is 51. p.)
Do. Cocaes and Culaba
Do. St. John del Rey..
Cobra Copper . • •
Copiapo •• • • •
General
Real Del Monte, TJereg.
Do. Black Debentures.'
Do. Red Debentures ..
Santiago de Cuba .. •• .•

United Mexican— • • • • • •

Canada ...

Gen. Steam Navigation .
Penin. & Oriental Steam.
Royal Jilin Steam
(We cannot be answer!
will not be influenced by

!28 2 8%1
[ISCELL.

lble for ti
intereste(

3yi -2%
3% - 3h

32% - 32
14% - 15%
32% - 34%
%
13% - 14

The anticipations formed as to the course that would
be pursued by the holders of Spanish Bonds have been
realized, and at the meeting yesterday the proposal of
the Hadrid Government was acquiesced in, exeept that
portion which relates to the coupons, and for which the
creditors very rightly demand pound for pound, viz.,
that the, capital shall remain intact. The miserable,
but we fear, unavoidable expedient of cutting down the
interest to 1 per cent., and raising it gradually until it
reaches 3 per cent. in nineteen years, is bad
enough, without calling upon the bondholders to
give up their capital. On some other points we confess
that if we were bondholders we should not feel content.
There ought, we think, as in the case of Mexico, to
be a formal hypothecation of revenues, without
the creditors relinquishing their claim on the en-
tire itcome of the country; and as a stimulus to
pay the interest regularly in future, any lapse
should entitle the creditors to resume the WI
amount of their former claims. Further, the pay-
ment of the interest in London is indispensable, and
we conceive that if Spain hereafter advances in pros-
perity- as she has lately done, the bondholders ought to
have the benefit, and not only receive their three per
cent. before the lapse of nineteen }ears, but, as far at least
as the original capital of the loans is concerned, not a
fraction below five per cent. In fact, the whole of the
active debt and coupons ought to bear five per cent, ul-
timately.

The Funds are rather dull again. Consols have been
quoted 964 to 96i for Transfer, and 961 to 96i for Ac-
count. Toe New Three-and-a• Quarter per Cent% have
been marked 9Si to 99, and the Three per Cents. 97 to
974. Bank Stock is 215 to 2154. Exchequer-bills have
been 545. to 575. premium.
In the Foreign Market Spanish Five per Cent. Stock
has been at 191 to 20, and- the, Passive at 48 to 5.
Mexican Bonds are 33* to 33g. Dutch Two-and-a-
Half per Cents. have been 58k, and Russian Four- and-a-
Half per Cents. 97i to 97i.
Railway Shares are steady generally.
The last week's Railway receipts, ascertained up to
this day, are in round figures as under:—

1851. 1850.
Great-Western £14,191 ... £13.652
North-Western . 39 825 ... 39,043
South-Western 8,427 ... 7,806
Brighton
Midland
South-Eastern
North Statbard
QUAUTER TO THREAN
Consols ... .. ... ... 964 1
Ditto Accoun°, March 12 ... ... 961 i
BRITISH FUNDS THIS DAY AT ONE O'CLOCK.

(From the Official List.) - ---
Rank Stock 215 21514
8 per Cent. Reduced Annuities 9718 '4 97
3 per Cent. Consols Anna
New 31,( per Cent. Anus.
Long Annuities, Exp. Jan. sth, 1860 7%
India Stock —
Do. Bonds, 10001 65 62 p
Ditto under 1.000/
C 0113013 for Account 965/idg %
E achequer Bills. 1 iiid. 2d.
March. June.
1,000/.
500/. — 57 54 p
Small — 57 54 p
PRICE OF FOREIGN FUNDS AT ONE O'CLOCK.
Buenos Ayres Bonds, 6 per Cent. ... 52
Chilian Bonds, 6per Cent . --
Ditto 3 per Cent
M ixican BonEls, 1846,5 per Cent., Coupons
Ditto Ex Jan. Coupons
Peruvian Bonds, 4 per Cent —
Ditto Deferred
Portuguese Bonds, 5 per Cent —
Ditto 4 Der Cent.
Bonds,per
Cent.
1822, 5 per Cent ll4
SpanishuDssitiaton 4Bonds, 5 per Cent. ......
Ditto Passive Bonds 434 5
Spanish Bends, 3 per Cent,1840
Dividends on the above payable in London
French Rentes, 5 per Cent. ...... 97f. 75c.
Exchange 24f. 95c.
Dutch 24 per Cent., 12 Guild
Ditto 4 Der Cent. Cerg6cates ... 911,¢ 34

PONTEFRACT ELECTION. -- Tne seat for this bo-
rough, recently rendered vacant by 'the elevation to the
bench of Mr. Samuel Martin (now Sir Samuel Martin) is
now being contested. The Hon. B. R Lawley, eldest son of
Lord Wenlock, expected, until Monday morning, to walk
' over the course; but Pontefract is one of those boroughs
which can never be calculated upon; and suddenly Lord
Viscount Pollington has been brought out as a candidate.
The nomination took place yesterday (Wednesday), when
the proceedings were of a very noisy description. Mr. Green,
who had some difficulty in obtaining a hearing, proposed
Mr. Lawley, whom ho described as a gentleman of liberal
principles, who would support progression and improvement.
Mr. Moorhouse, of Knottingley, seconded the nomination,
amidst much interruption. air. Jefferson then proposed
Lord Pollington, upon whose local claims he enlarged at
great length. Mr. M. Dawson seconded the nomination of
the Noble Viscount. There being no other candidate, Mr.
Lawley addressed the electors. He avowed himself an op-
ponent of Papal aggression, and said that if returned he
would oppose all attempts to re-impose protection, whilst he
would endeavour to relieve • agricultural distress. We pre-
sume that Lord Pollington afterwards addressed the electors,
but whether he did or not we cannot say, as the report we
have received is imperfect. On ix show of bands, a large
majority appeared to be in favour of Lord Pollington, where-
upon a poll was demanded on behalf of Mr. Lawley. The
polling takes place this day (Thursday).
AN HorrounAnLE TRADESMAN.—An
now a most respectable and prosperous tradesman at Exeter,
about twenty-three years ago, through adverse circum-
stances, failed in business, but after a few years, was enabled
to go on again. By perseverance and industry, he made way,
and a turn of fortune came, until he had amassed sufficient to
satisfy every former debt, which he determined to pay off,
although the law had so long freed him from liability. He
has nobly acted upon this honourable resolution, for we un-
derstand that, within the last week, the whole of his out-
standing accounts, amounting to several thousand pounds,
have been discharged.—Western Luminary.
Lact week a workman V:33 unfortunately crushed
to death, at Mr. Haliburton'a colliery, near Wigan. He was
at work in the mine when a stone fell upon him from the
roof, and so great was its weight that it had to be broken into
pieces before the body could be raeaeed from beneath it.

7% 6
103 i --1 t
6% —3%
ANEW&
42% 46%
26% 28%
63% 70
73 —69
to errors of the Official Lists, ano
correspondents.]

MONEY and COMMERCIAL NEWS.
CITY, TWO 0 CLOCK.
The sales of Cotton at Liverpool yesterday were esti-
mated at 4,000 bales, with prices still declining, and
American were id. to id. lower. The sales comprised
3,000 American, 150 Yemeni arid Maranham, at Bd. to
Bd.; 50 Bahia, at Id.; 300 Egyptian, at 7/11. to 101 d.;
300 Surat, at 44d. to W.; and 50 Sea Island, at Is. 2d.
to 15. sd. per lb.—Railway Shares were active at ad-
vanced prices for all the principal lines.
The six weeks' official average price of Wheat is 383.
per quarter.
The Colonial Markets are very dull. Partie3 are
waiting for the Budget.
Messrs. Gardner and Urquhart, in the East India
trade, have suspended for about 40,0001.
There is an Act abut to be introduced into the Le-
gislature for the better security of passengers, ana we
recognize in it several improvements upon the former
Bill. As regards the dieting, it is provided by the pro-
posed enactment, " That the power given by the 25th
section of the said Act to the said Commissioners,
acting under the authority of one of her Majesty's Prin-
cipal Secretaries of State, from time to time, to sub-
stitute for any of the articles of food mentioned
in the said Act, any other articles of food,
as to the said Commissioners shall seem meet,
shall be extended so as to authorEe the said Com-
missioners, by such notice, and to be published in such
manner as in the said twenty-fifth section mentioned,
from time to time to determine and specify such quan-
tity or quantities, of one or more articles of food, to be
substituted for a given quantity of any article of food
specified in the said Act, as the Commissioners may
think necessary to secure to each passenger an equiva-
lent amount of wholesome nutriment; and the said
Commissioners may, in such notice, authorize the supply
by the master of any passenger-ship, of the substituted
articles, or any of them, in the quantities specified in
his behalf, or of the articles of food mentioned in the
said Act, in the quantities therein mentioned, at his
option, during all or any part of a voyage."
Further, it is to be enacted that--" The power given
by the twentieth section of the said Act to the Colonial
Land and Emigration Commissioners, acting by and
under the authority of one of her Majesty's principal
Secretaries of State, from time to time to declare what
shall be deemed the length of voyage from the United
Kingdom to any of the therein-mentioned places, or to
any other port or place whatsoever, shall be ex-
tended so as to authorize the said Commissioners,
acting by and under the authority aforesaid, from
time to time, by such notice, and to be published in
such manner as in the same section mentioned, to de-
clare such a number of weeks or days to be deemed to
be the length of voyage of a steam-vessel, different from
the number of weeks or days to be deemed to be the
length of voyage of a sailing vessel, and to distinguish,
where they think fit, between vessels having steam en-
gines to be used occasionally, or in aid of their sails, and
vessels having engines of lull power for constant use,
and to fix such different lengths of voyage as they may
think reasonable for such different descriptions of vessels."
There cannot bo too much protection afforded to emi -
grants, who, with every precaution, must suffer more or
less.