The Sun.
London, England, 1851-10-24 00:00:00

Paid. Nominal Prices. Business don
to-day.
Asturian ••..•• • • • . • • 15 —.•
Australian • • ...• .. •• • • 4 1% 234
lilarossa Range .. • • 1 13 0 334 —3%
Blaenarvon Iron and Coal all • • —• •
Bolsmos Scrip ........ • • . • —• •
British Iron.. .•.. • ..... 13 5 .. —••
Brazilian Imp. (is. Si. r.) 24% -••
De. Cocaes and Culaba all .. —• •
Do. St. John del Rey . • 15 20% -21
Cobre Copl•es* • • .... 4O 33 34%
Copiapo .. .... • l4 634
754
General.. ••.-• • • • • • • all 13% —l4
Mexican &S. American 9 3% —4%
Real Del Monte, Unreg.
Do. Black Debentures. • • —••
Do. Red Debentures — • • • •
Santiago de Cuba lO 4 —3%
Tin Croft .. • • • • ...... • • 7 8
United Mexican.. • • 2B 28% 3 2
sonvT STOCK BANKS.
Australasia all 37 38% x.d
British North America 50 14b —46
Colonial ....... 25 10% 11%
Commercial of London 20 25 —• 26%
London Joint Stack lO 18% 17%
Lon,lon and Westminster 20 28% 29%
National Provincial Eng. 35 .•
Do. New ........ • • lO .• ••
National of Ireland 22% 18% 17%
Oriental Bank Corporal. all 26 261,k
Provincial of Ireland • • 25 42 —44
Do. New all 15% 16%
Union of Australia .. • all 35 36%
Do. New ...... 2% 3 —3%
Union or London 10 14% 15% 15%
Union of Madrid
MISCELLANEOUS.
Canada •. •• ••
Gen. Steam Navigation
Penh". & Oriental Steam. all 65 67%

dANEOUS.
48 49%
26% —2B 2t.d
65 67%
14q 15.4
79 803 x.d
October. Ticket days for regis•
Account days, 17th and 31st.
he errors of the Official Lists, and
,d correspondents.]

Ditt• ditto I 10
Royal Mail Steam •• ..1 60
Settling days in the month of
tered shares, 16th and Nth.
(We cannot be answerable for ft
will not be influenced by interestei

MONEY and COMMERCIAL NEWS

CITY, TWO O'CLOCK.

The sales of Cotton at Liverpool yesterday were esti-
mated at 6,000 balos, of which 700 American and 300
Surat was taken for export. The sales comprised 4.500
American, 150 Egyptian, at std. to 7d.; 600 Surat, at
2id. to 4d.; and 30 Sea island, at Is. ld. to ls. sd. per
lb. The market closed heavily with all kinds id. to id.
per lb. lower, except the good qualities of Egyptian and
Sea Island, which were fd. to id. per lb. higher.—The
Share market slightly improved. _ _

An average business has been this week transacted in
produce. There has not been such an extensive inquiry
for West India sugar, but the purchases are by no means
unimportant, and the merchants are firm. Coffee has
been weaker. Rice and tallow have ruled quiet as well
as tea. Some of the new season's import of tho latter
has been brought to market. The indigo auctions have
been going off more flatly. Cotton has been lower, as
the advises concerning the crops report a very large
growth. Indigo has been heavier at the sales. Wool is
going off very briskly.
From a report upon the general state of the dried
fruit trade, made by Messrs. Witherby and Hanson, we
take the following:—" Eighteen cargoes of New Cur-
rants have already arrived, and it appears that our
winter supply will come in more seasonably than last
year, when not more than twenty-eight cargoes, or 4,000
tons, had arrived before the middle of December, the
delay occasioning delusive high prices, and calling in a
large supply of old fruit from the Continent. In 1849
about 6,500 tons had arrived before that date. Five
cargoes of new fruit have been received at Liverpool.
The present season has commenced as regards price and
supply mach as in 1849. Currants then opened at 425.,
and, after declining to 395. in October, rallied before
Christmas in face of an abundant supply. The stocks
of old fruit at the commencement of that, and of last
season, were about one-half of what existed here a
month ago; they consisted, however, of good fruit, and
commanded a ready sale at full prices, whereas the
greater part of the present stock of old fruit is so
bad as scarcely to interfere with the new crop. During
the last four months of 1850, 4,650 tons of Raisins
were cleared for consumption in London, and the
average clearances of the last six years during these
months have been 4,100 tons. These facts would al-
most lead to the conclusion, in spite of the present
neglect of the article, that we are on the eve of an
unusually brisk November demand, with the prospect of
an inadequate supply, as the growers in Spain having
required higher prices than the state of this
market warranted, there will be a pause in
arrivals at this port after a few more cargoes now afloat
will have been received. It may be mentioned that the
above twenty-one cargoes hare been received by twelve
different houses, and that some are not sellers at 385.,
which scarcely gives back the cost."
The letters and papers from the West Indies were de-
livered this morning. The want of capital in Jamaica
is complained of, and a local writer remarks upon it by
saying—
" Can it be tempted to this island? We are free from
violence, and life and property are secure. Everything
is peaceful and quiet, and in these respects there are no
obstacles in the way of the influx of capital. How does
it come to pass then that capital is so scarce and cannot
be tempted in bulk to the island? It seems strange and
unaccountable that in a country where land is abundant
and fertile, and the population comparatively large, there
should exist so little disposition to invest capital. Un-
fortunately for us the hulk of the large proprietors and
capitalists are non-resident, and the money made
either in trade or otherwise—the savings of sur-
plus produce —is regularly and systematically
sent away and invested in foreign countries.
The hue and cry which was raised and kept up upon
the abolition of slavery, and subsequently with a view
to the retention of protective duties upon foreign pro-
duce, had the effect of alarming foreign capitalists—of
producing that sense of insecurity from which capital in
bulk shrinks like a sensitive plant. Hence, although per-
fect peace and quiet prevail, and there is security for
life and property, capital in bulk cannot be tempted to
this island. Wo have said that the money made in it by
the large proprietors and capitalists is regularly and
systematically sent away. The feeling of these is—this
is not our abiding place—our home. They look forward
to the period when having accumulated sufficient means
to keep them comfortable in some other country they
shall bid adieu to this. These are not the men who will
cure the evil under which we labour—the want of
of
fen
thatwiwant,ll this
which is islandnow be indebted
cloarpitatlh.o Tos mupwphloy
so keenly felt? Upon a calm consideration of
the present condition of the colony, and review of the
past, we have come to the conclusion that to the men
alone who intend to make it their home, are we to look
for, and from them must we expect that accumulation of
capital which is to result from a judicious and skilled
application of labour to create it. This being the case,
and desiring to throw off all dependence either upon
foreign capitalists or upon non-resident, and intending
non-resident accumulators of wealth, we would impress
upon all those who regard this island as their home,
whether high or low, or the owners of half an acrd
or of live thousand acres of land, that capital is sim-
ply wealth accumulated—that wealth is created by
producing more of an article of commerce than the
_ cost of its production, and than is required to be con-
sumed by those who produce it. It is, in fact, the
savings of surplus produce ; and produce is the re-
suit of labour that, in point of fact labour is
the germ of capital. This being the case, it will be the
fault of every man and woman who is capable of labour-
ing, if in the course of time sufficient capital is not ac-
cumulated to meet all the legitimate demands for it.
The process of accumulation is simple, and to the indus-
trious easy. It consists in the judicious and skilled
application of labour, that is, in turning labour to the
best account, and obtaining the largest returns from it,
and in doing whatever is to be done in the most skilful
manner.*
The writer then explains that a good deal of money
is hoarded in the colony, buried even, thanks partly to
the former injudicious advances of the bunks, and the
subsequent pressure.
It was reported that Lord Harris would resume the
government of Trinidad for another five years. Severe
gales had been experienced along the coast.
The new constitution for the Danish West India pos-
sessions seems to have disappointed expectation.
A very urgent petition is sent home from Turk's
Island to her Majesty, setting out the grievances of the
colonists and the misgovernment of President Forth,
whose recall is earnestly solicited, and if the allegations
against him of tyranny, repulsive manners, and financial
inability are true, with excellent reason.
The English Funds have been higher again, and there
is a good money business doing, with fair transactions
for account. Consols have been 97k to I for Transfer,
and are now 97f to being the same for Time. The
New Three-and-a-Quarter per Cents. have realized 97j
to 981, and the Three per Cents. 96f to L Bank Stock
has been supported at 2131 to 214, and India Stock at
261 to 262 k. Exchequer-bills have been 525. to 568.,
premium. Mexican Bonds
anFdolrnedi
gi an Bsot
onedi :860asr. toe v6e2rys.inactive.
have been 2611 to 27. Spanish Three per Cents. have
been quoted 384, and the Five per Cents. are nominally
20i to Venezuela Bonds are 321. Danish Stock is
at 1021, and Russian 1111. Dutch Four per Cents. have
been at 894 to 90.
Shares have been dealt in to a fair extent, and at
former rates generally. Great Western have been
higher, and also Lancashire and Yorkshire. Foreign
Shares are duller.

ONF.
PRIMO OF BRITI6II FUNDS O'CLOCK CLOSING
Bank Stock
3 per Cent. Reduced Anne.
3'per Cent. Consols Annuities.. _ 97% 14 1 9634
New 34 per Cent. Anne... 971
Long Anne. to expire J an.lbso 973 931/8 981 A
India Stock 6 15-16 6 15-16
India Bonds, 1,0001.
Ditto under 1,0001.
Consols for Account
Exchequer Bills. .....
1,000/.
5001
Smal.
l, ..
55 52 52 p

53 p
53 p
53 p
CLOSING
PRICES.

ONE
PRICES OF FOREIGN FUNDS. O'CLOCK.
Danish Bonds, 1825, 3 per Cent. —
Ditto, 3 per cent.
Portuguese 5 per Cents.
Ditto, 4 per Cent.
Russian Bonds
...•
Ditto, 414 per Cent
Spanish 5 per Cent. 1840 —
Ditto, Account
Ditto, 3 per Cent
Venezuela Bonds, 2'4 per Cent 32 1(3
DiVideact; 9l thg 09Ye Payable /A hoodoo.