The Sun.
London, England, 1851-05-13 00:00:00

AT

Leming Paid. Prices, Be Railways' Companies. Nominal done to-day.
Barks and Hants
Ex. 5 per Cent. Gt. Western 6 34 —1 p.
Bir. and Oxford
Junc.,callsduly
paid, or with a
guarantee •• Do •• .. all ' 2/134 2934 28%
Do., withon a
guarantee •• Da •• all 127 —2s
WoL, &
Dud „calls duly
paid, or with a
guarantee •• Do .. 15 8% 97{ p
Do., without a
guarantee •• Do • . • • I S 7 —8 p
Buckinghamsh. Lon. &N. W. all
,177{, 18
Clydesdale June Caledonian all '4l —43
E. Lin., Guar.
per Cent. •• G. Northern all f 32% —33
Gloucester and
Dean Forest Gt. Western 20 , par 1 p
Bull and Selby Yk. &N. It all WI% --109%
Do. % Shares Do .. • • all 50% 51%
Do. % Shares Do .. • • all ;24% 23%
Leeds and Brad.' Midland • • all . 9814 99%
Lon. and Green. S. Eastern*, all ;t 11%
no., Pref. .. Oo .. all 23% 24%
Lowestoft, Gd. 4
per Cent. Norfolk .. all .
alb —l6
D.J., 6 per cent Do .. • • all —• •
dliddler bro' and
Redcar. 6p. ct StockLic Dar all
N. & East, 5
per Cent.' .. E. Counties . all %4 -56
uo. New Do .. 4$ 4 -- 6 p
Preston and/ L. &N. W./ au. -- 44
wyro •• •• S &La.k T. 3
Do. % SharesA Do .. •• 18% p.
Read., Guild.,
and Reigate ~ S. Eastern ~ all 91 917( 217(
Roy. & liitchln G. Northers 634 854
,0. Shep. Ex.. Do .. .• 3%
gnat", Roth. and
Gwle, s per ct. Lanc.& York 1611 6 ..
South Staffords. Mr. 131'C1ean 9% —• 2% file.
Wear Val. ti per
Cent. gua. Stock.& Du. all .24 247{ 24%
Do. do. .. Do .. all •••••
Do. do. .. Do .. • • all • •
Wilts, Som., &
Weymouth .. Gt. Western all 45 45% 457{

,zz:

1111kARES.

Comolb
... 0.
Ditto Account, Juno 10 ...

EVENING. MAT 13, lB5l.

1 MONEY and COMMERCIAL NEWS.

ciTr TWO O*CLOCK.
The sales of Cotton at Liverpool yesterday were estimated
at from 3,000 to 4,000 bales' comprising 300 Pernam and
Maranham at 714 d. to 73/4d., 150 Egyptian at 714 d. to
300 Surat at 4d. to 43A d., and the remainder chiefly Ameri-
can. The market was in a declining state, and prices of all
kinds were 4 lower.--Railway Shares were heavy at lower
prices.

Senor Don Manuel Payno arrived in London on Sunday,
and this afternoon sent to the Chairman of the Committee of
Mexican Bondholders the original document executed in
their favour for 2,500,000 dolls. out:of the American indemnity
money. Senor Payno is instructed by his Government to do
the needful for the punctual payment of the next dividend,
and for the immediate issue of the new bonds. He contra-
dicts the rumour of any intention on the part of Mexico to
negotiate another loan for 6,000,000 to 8,000,000 dolly., on
the security of the revenue of the clergy, and says that up
to the date of the departure of the last packet from Vera
Cruz neither had such a loan been broached in Congress,
nor had the President received any authority to effect, or
Senor Payno any instructions to negotiate one.
At a meeting of the Committee of Spanish Ameriqm Bond-
holders, held the 9th May, and specially called for the pur-
pose of considering the Buenos Ayrean debt, it was resolved
unanimously :
" That this Committee, considering the period has un-
doubtedly arrived when the financial situation of Buenos
Ayres enables her to resume the payment of the dividends
in full on the English lean of Messrs. Baring, Brothers, and
Co., and to enter into an equitable arrangement for its ar-
rears ; and also aware that the Government of Buenos Ayres,
under its distinguished President, General Rosas, is sincerely
desirous to re-establish the financial credit of his country, to
fulfil the sacred obligations of national faith, and to do full
justice to the British bondholders, hereby appoint David Rr,-
bartson, Rag., and Joseph Tasker, Esq., members of their
body, to act as a sub-committee in behalf of the Buenos
Ayrean bondholders (the former gentleman as chairman), to
take such steps as they may think fit and proper to effect a
settlement o► the same at the earliest pcssible period, in con-
junction with, and under- the -guidance of the Messrs.
Barings."

the letters by the steam-ship America have been delivered
this morning. Bills of exchange on London were in request
at 101 to 103/,i per cent. premium. Public Securities were
drooping. About 7,688,000 dollars had exported from New
York this year to the 29th ult., being nearly as much as had
arrived from Californio. Upon the subject of the import
market it is stated—" The total value of dry goods put upon
the market this week is 856,954 dolls., showing a falling off
of 200,195 dolls, compared with the week previous. The
value of foreign dry goods put upon the market for the week
ending the 2d April was 920,813 dolls. ; week ending
9th, 741,928 dolls. ; week ending 16th, 1,057,149
dolls.: total value for four weeks ending April 23d,
3,579,c41 dolls. The importations are not large enough
to create much remark, and will probably continue
through the season at about the same rate they are now
coming in. Prices realised thus far this season have not
been at all satsfautory, and large losses must be submitted
to on stocks now on hand before the fall trade commences.
The raw material for most manufactured articles is likely to
be much cheaper than at present, and in that event, goods
already in the market will stand a very poor chance of pay-
ing cost." The Wheat crop in Ohio and New York is
spoken of as being particularly promising.
The Canada advices notice the opening of the navigation,
the merchant-ship Toronto having arrived out at Quebec on
the 20th ult. This vessel left Liverpool on the 17th March,
some days after the London vessel.
Some attention has been excited by the proceedings at the
Mansion-house yesterday, in connexion with the discharge
of a gang of Dutch thieves, in whose possession a consider-
able amount of bonds was found. The desirability of an ex
tradition treaty between England and Holland is clearly
shown by the case in point.
The English Funds have been rather flatter, and the set-
tlement of account is going off without difficulty. Consols
have been 97 to 974 for Transfer, and 974 tor the 10th
of June. Bank Stock is worth 211, a slight improvement.
Exchequer-bills have been quoted 495. to 525. and India
Bonds 535. to 545. prem. The New Three-and•a-Quarter
per Cents, have been 97% to 98.
Foreign Securities have been rather heavy. Spanish
Five per Cents. have been marked 19%, an t the Passive
5%, being very firm. Portuguese Four per Cents. have been
33%. Brazilian small Stock has realised e 9 to 90. The
quotation of Mexican Bonds continues at 35% 14. Russian
Four-and-a-Half per Cents. have been 99 to par, and
Dutch Four per Cents. 89 %. Danish Bonds are 102 t,5.2
to 103.

lbere is to be a meeting on Thursday of parties interested
in the French railways, for which concessions were formerly
granted, but which, owing to the political difficuhies among
our neighbours, could never be made available. The
caution money" remains in the hands of the French Go-
vernment, and as new parties are tendering to make the lines,
it is feared the amount may be confiscated. To come, there-
fore, to some arrangement in this respect is the object of the
parties interested.
The Railway Share Market has not been so depressed as
during the last day or two, but no sensible improvement can
be noted, and the business doing is very contracted. Good
traffic returns would soon give a tune to prices.

QUAKTAic TO

... 97i

ONE CLOSIY.O
PRICES OF BRITISEI FUNDS O' CL OCK. PRICES.
BALA Stock
3 ,A:- Uent. Redused anns.
3 oer er.nt. (107,501, A im,;ities... , 97%14 97 97,4
3 per Cent. Annuities, 1726 ...
'.-i,,e, 64,. por Cent. Anns ... .
Lcini Anne. to expire Jan.lB6o -16 7%
India Bonds, 1,0001 53 54 p 54 p
Ditto under 1,0001........ ..
Dina,ls for Account 97% ,A 97 in
bi.nchequer Bills. Id.
LOOM
Small, ..

ONE
PRICES OF FOREIGN FUNDS. O'CLOCK.
brazilitui Bond.

Ditto, Small
Chilian Bonds 6 per Cent
Danish 80nd5,1825, 3 per Cent.
Do., 5 per cent
m3xicati. 5 per Cent. 1846, with Coupons—
Ditto, Ex Jan. Coupons
Ditto, Account
Peruvian Bonds, 5 per Ctnt...
Ditto, Account
Portuguese 5 per Cents. •
Ditto, 4 per Cent.
Russian Bonds

Ditto, 41,E per Cent
Si.raniAh 5 per Ccat. 1840

50 p
52 p
CLOSIN
PRICES.

, ...
Ditto Account..... ........... ln
Ditto, Coupons
Ditto, Pa,,sive . 5%
Ditto. 3 per Cent. —
Ditto, Account
Dividends on the above payable in London.
Dutch 2;42 per Cent., 12 Guild.
Ditto 4 per ..1111. Certificates

LLOYD'S SHIPPING.—(THIS 1)A Y.)
LONDON, MAY 13:—Wind at noon N. to; N.N.W., fresh
breeze and cloudy.

BAYONNE, MAX g.—The Isabella and Jane, of Newcastle,
got aground fifty miles north of this 3d inst., and remains,
but is expected off without damage.
HALIFAX, NOVA SCOTIA, MAY I,—The Primrose, of and
from Sydney, C.B. to Boston, went on shore on Plum
Island, Boston Bay, 20th u t. ; crew:saved ; vessel and cargo
will he sold. The Seiene, of and bound to St. J,,lm's New
fourdland, from Matanzas, was wrecked on Sable 'lsland,
15th I eb., vessel and cargo totally lost. The Gustav 1., of
and bound to Antwerp from Elavannah, was wrecked on
Sable Island, Ist ult., a small part of cargo saved is a
damaged state.

Quitnitc, Aram 25.—A ship is reported to be at hand,
said to be the Great Britain. The weather is very fine and
the ice has disappeared.

CHARLOTTE 'tows, PRINCE EDWARD'S ISLAND, APRIL
30.—The Fortitude, Loudon to Quebec, was lost on the north
side of this Island April 22 ; crew saved.
DEAL, MAY 12.—Wind N.E.—Arrd. Niord, Rio Janeiro,
for Borga ; Eniegheten, Bahia for Nordkoping. Arrd. from
the River and old. Jane, South Australia ; Dalhousie, Cal-
cutta; Albert, Rio Janeiro; Mischief, Barbadoes.
OFF THE START.—Republic, Sandwich Isles for Bremen.
OFF FAIRLEIGII. Heppius, Surinam for Amsterdam;
Johann Carl, Trinidad de Cuba for Bremen.
COWES, MAY 12. Wind N. Arrd. Ranger, Bahia;
Mary Elizabeth,- Havennah ; Comoro, Hivanna ; Del-
phin, Haver-drab ; Thorndike, Maranzts ; Reuble, Havannah.
SOUTHAMPTON, MAY' S.W.—Sid. Asia; 'Port
Philip.
Orr WEYMOUTH. Monarch, Calcutta.
PLYMOUTH, MAY 12.—Sid. Pioneer, Labrador. Off port,
Due Amice, Bah ia, for Hamburgh.
LIVERPOOL, May 14. Wind N.E., moderate. —A,rd.
Creole, Buenos Ayres; F. Moore, Jamaica; Isis, Z•avanilla ;
Brutus, New Orleans; Levonshire, ditto; Abbot Lord, ditto;
Kate Howe, ditto; Thomas H. Perkins, Mobile; Elizabeth
Bruce, ditto; Colonist, Savannah; Samuel, ditto; Ty fug-
ham, Charleston; William Penn, Philadelphia; G. Z., New
York; Patrician, St. John's, New Brunswick. Sld. Sylph,
Cape of Good Hope; Countess of Sefton, Lima; Betsy,
Buenos Ayres; Gluckaut, Rio Janeiro; Parton, St. Mor-
nees ; St. Helen's, Santa Martha; Mary orrall, Vera
Cruz; Eastern Queen, New Orleans; Rappabaimack, New
York; Annidas, ditto; Independence, Staten Island. The
Hotspur, St. Domingo to England, was totally lost on Great
Mageea, date unknown; crew saved; cargo expected
.to
be saved.

RAMSGATE, MAT 13.—The Swan, of Liverpool, Newcastle
Plymouth, is totally lost on the Godwin Sands; crew
laved.

Po ItTSMOUTII, MAY 12.—Wind N. to N.E.--Arrd. Hamp-
ton, Calcutta; Marmura, Havannah. Sld. Victoria, Naw
York.

NawronT, MAY l2.—Wind N.E.—Sld. Louise Marie,
Ilavannah; Emily, Boston.

MARKET NEWS.-(THIS DAY.)
HAY MARKETS
to.
SMMIPIELD.—DIeadow Hay, 31 bs 4l 5, Od ; Clover
ditto, 3/ 53 to 4/ 10s; arm Straw, 11 Is to 11 9a per load.
A fair average supply, and a sluggish demand.
CUMBErtLANt,.— bleadow Hay, 4 Ss to 4/ 10s; Clover
ditto, 31 5s to 4/ 10s; and Straw, 11 2s to 1/ lis per load
Supply tole' ably good, and trade dull.
WIIITECIIAPEL.-.lieadOW Hay, 3/ 5s to 4/ 8s; Clover
ditto, 3/ 'Os to 41 l 0.; and Straw, 11 Is to 11 9s per load.
Trade dull, at !ate rates.
cirrl.o24X.A3l.
SUGAR.-Thp market ti

owing to the large _ ,or British Plantation is firmer; but
(low ity of lia,t India Sugar brought to
pitkilic sale, only abut 2-70 hhds have chaeged hands at lull
prices. At auction 10,000 bags Mau 1 ius, 5,00 d bags
Bengal, and 7,50 > bags Madras sold readily, and, in some
initances, the tut) latter went 6d dearer; the prices obtained
ranged out 384 6d to 44s 6d for crystalised; Mauritius, 888
to .1 s 6d for mid to fine yellow grocerv, 37s to 40s fir
grey, and 28. to 36s for low to fine brown ; Bengal
low tq good white Benare,, P:9B to 433 64; crystalised 43a to
445; and date kind ;-'43 to 38a 6d; Madras, low to good
brownigs Gd and 34s 6d to 36s for low yellow ; 670 bags
Penang realized 30s to 404 Gd fur low white greyish. The
quanriv of British Plantation landed last week at the East
and West India forks was 1,254 hhds. 138 tierces 137 bar-
rels; there we e Wit n for home consumption 634 hhds
58 tierus 1:9 barrels. The stock in the same places is 4,385
hhds 669 tierces 3(.1 barrels.
COFFEE.-100 casks and bags Plantation Ceylon at atio-
tion partly sold at steady rates, but 950 bales anti half bales
Mocha vtent at 2s 'eduction from the highest point, chiefly
at 67s 6d tor good clean garbled small berry; a few lots long
bags good ord Rio solpduarts
48:s.hhds.
berry irought Bkts 290
Rim. The market continues greatly depressed. The
quantit v Ihnded last week at the East and West India Docks
was 250 purni 13 hhds. There were taken for home cqn. I
and. _ec)3,,orted 38 ,
places is 10,, 1.4 puns 1,446 hbda.
Thesti p
stocktion lin9oll2,7,nssamLie hints,
980 bags mid white Bengal Nt as taken in at 10s.
epot a , nd TQWII ON 6d .
TALLovi.-I'. Y. C. is 383 34 to 384 6d
per
cwt. on the

TEA.—Former rates have been barely maintained, but very
little has been done. Last week's deliveries were good.
COTTON.—•This article has been dull at about previous
rates.

- -
CHANCERY.-(THIS DAY.)
(Before the LORD CHANCELLOR.)
IN RE spannow.
This:petition, opened on Saturday, was again resumed this
morning.
It seeks to charge the brother of the lunatic, who is also
committee, with an occupation rent of the family house,
called Gosfield-place, in Essex, and with the rent of the park.
It asks, moreover, that he be compelled to account for dis-
bursements to a large amount mane for the improvement of
the estate, whcla he takes at the death of the lunatic.

ROLLS' COURT.-(THIS DAY.)
No business of importance occupied his Honour this
morning.

VICE-CHANCE. RY.-(T HIS DAY.)
(Before Lord CIANWORTS.)
BEMAN V. RBITFOILD—THE GREAT WESTERN V. THE WORTH-
WEsTERN RAILWAYS, OR THE BROAD V. THE NARROW
GUAGE.
This case, which has occupied the Court for three days,
was again resumed this morning.
Mr. BETHELL, for the Great Western Railway, having
concluded his argument.
Mr. MALINS opened his reply this morning.
(Before Vice-Chancellor TURNER.)
HEAP f. TONGUE.
This case came oa fcr judgment this morning.
The plaintiff is the nephew of Wm. Heap, who in the year
1845 died intestate, leaving a widow and several more col-
lateral descendants. Front the affidavits it appeared that in
the month of October of the same year a voluntary agree-
ment was executed by all parties to share the estate of the
dec,.aod. Wm. Heap (I:litany among themselves. In IS4B,
however, another agreement was executed by all the parties
except the plaintiff, by which the general estate was made
liable to certain mortgages, and the title deeds handed over
to the mortgagees. The plaintiff now prayed to have the
original deed carried into effect, and declared valid as regarded
the mortgagees.
His HONOUR granted a decree complying with the prayer
of the petition.

QUEEN'S BENCH.-(THIS DAY
(Sittings in Banco.)
MOLT V. DAW.
_

The Court gave judgment in this case, which was an
action to try a right of way, in favour of the defendant.

THE CASE OF MR. BARBER.

Lord CANtriaLL intimated that the Court would defer
giving judgment in this case un it next term, in order to
have time to look anxiously into all the affidavits, and see
whether it was fit to grant a rule to show cause.

EXCHEQUER.-(THIS DAY.)
(Sittings in Banco.'
THE DUKE Or BUCKINGHAM AND CBANDOS V. THE COlti

MISSIONEDS OF INLAND REVENUE. ----
The LORD CHIEF BARON delivered judgment in this case,
which came before the Court on an appeal under the Stamp Act,
against the decision of the Commissioners of Inland Revenue,
who had required thA a stamp to the value of 1,0001. should
be placed on a deed of settlement made between the Duke of
Buckingham and Chandos and other parties, and bearing
date the 2i th of May, 1847. This deed VfR3 in substance a
conveyance during the Duke's lifetime of his interest in cer-
tain large estates, subject to certain mortgages, an-
nuities, and other charges, for the purpose of rais-
ing the sum of 1,500,0001. The Commissioners were
of opinion, though no sum was mentioned in the
deed, yet that it ought to be stamped with an ad valorem
stamp. The Court were now of opinion that the deter-
mination of the Commissioners was wrong. It was a well-
established rule in the construction of revenue Acts, that a
duty could not be imposed except by the clear and express
words of the statute, and the Court considered that the terms
of this particular Act of Parliament did not bear out the
construction which the Commissioners had placed on them.
There was no purchase or consideration money expresed in
the deed, and the transaction could not be treated as a sale.
The Curt were satisii,d that the Crown had not made out a
right to charge an ad valorem duty on the deed, and there-
fore judgment must be for the appellant.
Judgment for the appellant accordingly.
THY VAUXHALL-BRIDGE COMPANY V. SAWYER.—JUDGMENT.
The Loiw CHIEF BARON yesterday delivered the judgment
of the Court in this cre', which was a special ease directed
for the opinion of their Lordships by an order of Mr. Baron
Alderson. The question to be determined upon the state of
facts set out in the case was, whether the Vauxhall-bridge
Company were liable to be rated to the land-tax in respect
of the tolls which they collected un their bridge. It appeared
that the company were incorporated under the Act of the
49th George 111., c. 142, which gave them the power to pur-
chase land and to form the approaches to the bridge, and to
take tolls tor passengers and goods traffic. The Court were
of opinion, however, that the first section of the second Act
expressly showed art intention on the part of the Legislature
that this de. enption of property should be subject to the tax,
and the company must be held liable to pay it in respect of
the tolls they collected, as coining under the denomination of
an "hereditament."
Judgment fur the defendant accordingly.