The Sun.
London, England, 1851-03-13 00:00:00

VlttNiNe, MARC!t 13,

Buslnes& dot
to-day.

Anglo-Mexican(is. 51. p.)l
Asturian

17 18

Australian ......
Barossa Range .......
Blaenarvon Iron and Coal
Bolanos Scrip ........
British Iron•. • ...
Brazilian Imp. (is. 51. p.)

Do. Cocaesatsi Cula'ba.l

D. St. John del Rey ..1
Cobre Copper ...... . • •
Copiapo • . •
Real Del Monte, Mang. '
Do. Black Debentures.
Do. Red Debentures ..
Santiago do Cuba ......
Tin Croft .. • ...... •
United Mexican

ZOINT

5% %

iii '4
17% 18%

934 4 10%

18h %
6
12%

91 90%

fb 6k
SW/it

834 li 34

9S 3(
130 130
1
17%

90% 90

1X 2

36 %

dia.
66% 61M 66%

32% %
SS

7%

90 % 1934

3% % Ms.
3% dii.

21% ii
35

23 %
17%

Australasia • • • • . • I
British North America..
Colonial • •
Commercial or London..
London Joint Stock ....
London and Westminster
National Provincial Eng.
Do. New
National of Ireland ....
Provincial of Ireland.. •

Do. New ~ ........
Union of Australia ....

[Triton of London • •
[num% ~r mmori

Caeada
Gee. Steam Navigation .
Penin. Sc. Oriental Steam.
Royal Mail Steam
(We cannot be answers
will not be influenced by

Paid.

1 13 OI

13 5

28 2 8•X
' STOI

Ole for
interest

Nominal Prices.

3y( -
-

•• I'

32% - 32
14% - 13%
32% - 34%
5),; -
13% - 14

N -6%
lON - 11
6 -54
UC, BANKS
33 -32
4214 - 42
9% - 12
25 - 25%
18% - 17%
27% - 27%

17% IS
42 43%
1534 15
3471 33%
3
12% lax

1850.
422

Business don,
to-day.

.ANZIOUS.
42% 46
26% 27%
66%-724
70 —69
e errors of the Official Lists, and
iced correspondents.]

MONEY and COMMERCIAL NEWS.
CITY, TWO O'CLOCK.
The sales of Cotton at Liverpool yesterday were
about 5,000 balsa, comprising 3,000 American; 200
Pernam and Maranham, at 71d. to 80.; 200 Bahia,
at 7id. to Bd.; 200 Egyptian, at Bd. to Bi-d.; and 500
Surat, at 4ld. to sid. per lb. The market was heavy,
and American under 74d. were id. to fd. lower. In
other kinds there is a downward tandency in prices.—
Railway Shares were active and prices looking up.

In a statement respecting the wine trade, Messrs.
Walker, Howell, and Hall, mention that the stock of
Port in hand in London on the Ist instant was 8 072
pipes more than at the corresponding date of 1850.
They also describe the 1850 wines as possessing excel-
lent body, good colour, flavour, and dryness, without as-
tringency. The total production is 85,345 pipes, in-
cluding 34,2261 pipes of first quality for Europe, and by
the la-t advices the stock of wines was hardly sufficient
for three years' average consumption, being 137,228
pipes. The average exportation is about 40,000 pipes
per annum. Old wines, it is therefore predicted, will
continue high, and speculation will continue in new, as
nothing but the prospects of a fine and abundant vintage
during the present year can afford relief. Ot brandy the
stocks are large, and the consumption has fallen off.
There are some facts in the recently completed annual
report of the London East India and China Association
that are worth bringing more generally under notice.
The new system of drawing bills adopted by the Hon.
East India Company is working well, and will wholly
supersede, it is hoped, the advances upon the hypothe-
cation of goods. The Canton Post-office regulations
continue unsatisfactory. The chicory and bean adulte-
ration is of course dwelt upon as being exceedingly in-
imical to the interests of the East India trade; the tea
duty, it is urged, should be reduced ls. I id. per lb. as
soon as possible, and exertions made to place British
commerce at Ningpo,.Foo-Chow-Foo, and Siam, on a more
satisfactory footing. Po these matters Lord Palmerston
is turning his attention. We are glad to observe that
the tonnage employed in the East India and China trade
increased inwards 36.000 tons last year, and outwards
40,000 tons, and we may conclude our notice of the very
useful labours of the association, by giving part of a
communication addressed to Sir Charles Wood in favour
of a reduction in the duty on black pepper, which could
be favoured, no doubt, without loss to the public re-
venue. The argument is that—

" In 1833, by the 3 and 4 William IV., cap. 56, the
duty was is. per pound, the quantity entered for home
consumption was 3,228,393 lbs. That rate of duty was
in 1845, by the a and 9 Victoria, cap. 90, reduced to 6d.
per pound, and in the subsequent year, 1846, the quan-
tity increased to 3,297,431 lbs.; since which there has
been ♦ery little alteration; the consumption for the year
ending January ith, 1850, being 3,257,746 lbs., showing
that it has not kept pace with the increase in the popu-
lation, owing probably to a continuance of the practice
of adulteration which the high duty still encourages.
That duty of 6d. per pound must be considered exces-
sive upon an article which sells in bond at the present
moment for 3d. per pound, being nearly two
hundred per cent. on the sale price. The coat
of pepper on the Malabar coast is about 2d. per lb., to
which are to be added shipping charges, freight, and
landing expenses, until warehoused here, and any quan-
tity can be obtained to meet an increase in the home
consumption were the duty considerably reduced and the
commodity brought generally within the means of the
large population of the United Kingdom. The quan-
tity imported from India in 1948 and 1849 was
12,921,624 lbs., whilst in the latter year the re-expor-
tations of that not taken for consumption amounted to
4,712,4411 be."

The following were the number of cases adjudicated
upon in the London Bankruptcy Court, during the years
named:—

1848. 1844.
770 ... 568
The country districts stood as under:-
1849. 1850.
Birmingham ... ... 183 98
Bristol 100 51
Exeter ... ••• 53 37
Leeds ... ' ... 39 38
Manchester ... 81 67
The payments last year by order of all the courts in
the kingdom for dividends on bankrupt estates amounted
to 666,995/., and there was on the Ist January, 1851, a
net balance in stock on the Bankruptcy Fund Account of
1,405,8191

Intelligence to February 2d, from the Cape of Good
Hope, per screw steamer Bosphorus, gives ground for
strong hope that tlie Kafir war will be much less pro-
tracted tha❑ was at first apprehended.

In the Amsterdam market on the 11th inst. the funds
had again a downward tendency, Dutch Two-and-a-
Half per Cents. were 574.
English Stocks have been firmer again, and the Cape
news affords encouragement. Consols have valised 96
to l for Transfer, and 964 to for Account. There is
very little doing. The New Three-and-a. Quarter per
Cents, have been marked 99 to 4, and the Three per
Cents. 974. Exchequer-bills have realised 555. to 565.
premium.
Foreign Securities have been well supported gene-
rally. Mexican are 33i to 4, end Peruvian Four-and a-
Half per Cents. 844 to 85. Spanish Fire per Cents.
have been at 20, and the Three per Cents. at 38. Dutch
Two-and-a-lialf per Cents. are at 584.
Railway Shares are generally firm, although the traffic
returns on several of the lines are rather worse. Aber-
deen, Caledonian, East Lancashire, Great Northern,
Brighton, Blsekwall, Newmarket, and several others
have risen. Foreign Shares are also better.
The last week's railway receipts, ascertained up to this
day, are in round figures as uuder:—

1851. 1850.
Great-Western £14,046 ... £13,890
North-Western
South-Western 8,522 ... 8,303
Brighton • 7,414 ... 7.655
Midland
South-Eastern
North Stafford 4,585 .. 4,356
Caledonian,
QUARTER TO THIMf.
Consols ... .. ••• ... 968
Ditto Account ... ... ... 961
BRITISH FUNDS FUNDS THIS DAY AT ONE O'CLOC&.
( From the Official List.)
S per Cent. Reduce(' Annuitie5........... 97%
1 per Cent. Consols Anus
Km 314 per Cont. Anna. .. 9914 99
India Bends under 1,0001
Gisela for Account 98504
E 4. shequer Bills. 11,4(1. 2d.
March. Jane.
1,000/. ..
500/ — a. 5 56 p
Small — 62 56 p
PRICE OF FOREIGN FUNDS AT ONE O'CLOCK.
M :xican Bemis, 1646,5 per Cent., Coupons
Ditto Ex Jan. Coupon;
Ditto for the Account ..... •••••• 331,4
Peruvian Bonds, 4% per Cent 84% 85
Ditto Account ..
Do. Deferred 38%
Emilia Bonds. 1822, 5 per Cent —
Ditto 4% per Cent. .. 97%
'lpanistt Bonds, 5 per Cent.
Ditto Passive Bonds 4%
6 panish Bonds,3 per Cent,lB4o
Ditto for the Account
Venezuela Bonds
Ditto Deferred
Dividends on the above payable in London.
Dutch 2% per Cent., 12 Guild
Ditto 4 per Cent. Certificates .., 92

INCLOCUBE OP WASTE LANDS.--Si; George Grey
has introduced a -Bill to authorise the inclosure of the fol-
lowing lands in pursuance of the sixth report of the Inclo-
sure Commissioners :—Tanworth (Warwick), Broomsber-
row Heath (Gloucester), Abergwilly (Carmarthen), Cellan
Mountain (Cardigan), Kington (Hereford), Roggiet and
Minutes Common (Monmouth), Blaenpenal (Cardigan),
Colby Moor (Westmorland), Meppershall (Herts and Beds),
Twyford Down (Southamyton), Owlesbury (Southampton),
Lurkenhope Common (Salop), Ash (Surrey), Marshfield
(Gloucester), Smallridge Common (Devon), Ipplepen (De•
von), Towednack (Cornwall), Luggershall (Wilts), Bentley
(Southampton), Compton Abbas (Dorset), Droxford (South-
ampton), Stourpaine and Ash (Dorset), Whitley (Barks),
Shinfield Greens (Barks), Scaleby Moss (Cumberland),New-
ton (Cambridge).
LAUNCH OP A 1,000 TON' SHIP AT SUNDERLAND.
—Last week Was launched another of a line of Indiamen,
nearly 1,000 toes new measuie, built by. Mr. William Pile,
inn, North Sand, and called the Chowringhee, the property
of John Hay, Esq ,of Cresswell-house, near this town. She
is the longest ship by five feet ever launched• into the Wear.
She is nearly 170 feet keel and rake; 32 feet extreme breadth
22 feet deep in hold ;;
is 13 years A 1 at Llody's, and fastened
with iron knees. Some idea mar be formed of this by the
weight of the iron knees being 60 tons, exclusive of the bolts,
.which are all copper. She .hae`been built under the Special
Piney of Lloyd's surveyor.