The Sun.
London, England, 1851-03-28 00:00:00

INC:

SHARES.

Railways. I Paid. Nominal Prices. B witness done
to-day.
Aberdeen • • • • 86 8 % die par % ells.
Caledonian 10/. •• .• 10 6%
Chester and Holyhead .. 15 17 17%
East Anglian (3/. 10s.)
6 per cent. .. 3% —2%
Do. (51.) 7 pr. ct. Pref.
Do. (71. 17647 p.c.:Pref. 2 • • —• •
Eastern Counties Eaten.,
5 per cent. No. 1 .. 613 4 Par —l4 p Tm
Do. No. 2 .. 613 4 Par —3f P pm
Do . New 6p. cent. Stock 10 10% 11% 11 10%
Eastern Union, Scrip
guaran. 6 per cent. • • 20 16 —l7 16% %
Do. 101. Deben. Shares . 10 .• •
East Lancashire, 6 per
cent. quarter shares .. 6;i •••
Glasgow & S.-W. Consel. 100 • • —• •
Gt. Northern, 5 per cent. 12% 133 E 13%
Great South. & Western
(Ireland) eighths .. 1 P.
Lancashire and York-
shire, F. 201... .. 6 1% 136 die.
Do. 6 per cent. Stock •• 100 • • —• •
Leeds and Thirsk, 6 por
cent., No. 1 .. 9 .. —• • P
Do. 6 per cent., No. 2 . 17 • • —• •
Do. 6 per cent., No. 3 . 5 • • —• •
Do. quarters, 1848 .. 8 136 —2 p
London, Brighton, and
South Coast guar. 5" per
et., late Croydon thirds 100 .. •-•• • •
Do. pref., 5 pct. Stock,
1851, from 501. share. E 100 114 120
Do. cony. 5 per ct. 1852 50 57 —6O
Do. new guar., 6 per ct. 100 136 139
London &S.-W., new • • 5 234 246 p.
Londonderry and Ennis-
killen, half shares • • 10 .. ••
Manch., Sheffield, and
Line., var. Marc, No. 1 25 14 —l5
Do. new, 131. 10 11% 12% 11% 1236
Do., 6/. .. • . 3 % P 3%
Midland Con. 6p. c. stock 100 132 134
Do. Consel. Bristol &
Binning., 6 per cent... 100 • •
Do. Bristol & Glouces. 48 ..
Do. do. do. .. 33 10 6 ..
Do. Erewash Talley 50 • •
Do. Leic. & Swanning.
8 per cent. guar. .. 100 • • —• •
Norfolk Extension .. 20 17 —lB
Do. guar. 536 per cent. 5 4% —4%
Do. Waveney Valley .. 2 • ••
North British • • .. b 536
Shrewsbury and Birm.
New Guaranteed .. 8 11 11%
Shrews. and Ches. (Nor.
W. Min.) 8 per cent. 10 153 E 15%
South Devon • • • • .. 25 14 —l6
South-Eastern, 436 p. ct. 10 • • —• •
Waterford & Kilkenny, 51. 1 • • —' •
WestLondon,lst Cl. (10/.) 10 .• —• •
Do. Id Class do. (par) 20 • • —• •
York, Newc., and Berw., 17
Gt. N.of E. Pun • • 16 —l7
Do. b 43E —4%
York and North Midland
11. and S. Purch. .. 10 134 1 dig. ,
Oxford, Wercester, and WolverhamPton, 151., 6 per cent. 334 • I
POZZIGN.
Boulogne and Amiens .. 20 10 1031 g 1036
14
Central of France (Or- 15% 17% 18%
leans and Vlerzon) • • 20 18 18%
Demerara • • .. 17% • • —• •
Dutch Rhenish • • • • 8 411 di&
East Indian • • .. .. 14 1 —l% P•
Do. do. do. • • 20
Great Indian Peninsula•• 5 %
Ditto ditto .. 236 %
Louvain ala Sam'.re 736 •
Luxembourg •.• • • • 8 1— 1%
Ditto • . • • .. .. 10 2%
Madrid and Valentla 6
Maria Antonia • • .. 25
Ditto, New • • • • 7%
15 ,2—— 4 84 814
8
Namur and Liege .. • • 20 15%
6
Northern of France • • 1 4 —3% dis'
8
Orleans and Bordeaux ..
20 36 —3,u
38
Paris and Orleans • • • • 20 26 2636
Paris and Ronen • • ..- dis•
Paris and Strasbourg • •
20 16 11% 11%
Rotten and Havre .. • 4 --- 414
Sambre and Meuse • • 20
lb 9 die. 6
Tours and Nantes • • • •
Tourney, Jurbise, Lan- 2
don, and Hessen • • 8% 2
wegt nanders • C. I / Priniann 7. 11 a n _

<)), lb

Mines St. John Del
Ireland 20 %.

.. ••
2 -2g
Copiapo 7. Bi

:—National of

28, 1851

ONEY and COMMERCIAL NEWS.
CITY, TWO O'CLOCK. _

The sales of Cotton at Liverpool yes' erday were estimated
at 7,000 bales, of which 500 American were taken for export,
and 1,000 on speculation. The sales comprised 5,750
American, 250 Pernam and Maranham at Bd. to Sid , 400
Bahia at 71d. to Bd.' 200 Egyptian at 7id. to 8/d ~ and 400
Surat at 42td. to sid. per lb. The market closed firmly.—
Railway Shares were fiat, and prices of all kinds were lower.
The amount of business transacted this week in Colonial
and Foreign produce has been small, and the attempt to push
sales of the leading staples has resulted in a partial lowering
of prices. Sugar has been cheaper, and also Coffee. Tallow
has ruled dull, but is within the last two days a trifle
firmer. Tea has not been active. In Spices moderate pur-
chases have been made, and Cotton has been in request.
Referring to the last-named article, we may mention the
highly encouraging report furnished by the Chevalier
Clausen upon the " Flax Movement ; its national importance
and advantages, with directions for the preparation of Flax-
cotton and the cultivation of Flax." This gentleman (the
patentee of the extraordinary new process for adapting Flax
for spinning 'upon cotton wool and silk machinery) demon-
strates that the growth of Flax would be of immense benefit
to the United Kingdom, and we may add of our own know-
ledge to Canada likewise, and that it is not, under proper
regulation, an exhausting crop, inasmuch as the seed and straw,
by the aid of the new invention, could be separated from the
fibrous substance, and rendered available as food for cattle,
and thus returned to the soil in manure. It is unnecessary
to dwell at length upon this part of the subject, because
recent investigation before the Royal Agricultural Society
has demonstrated that the best crops follow Flax. One
hundred pounds of Flax has been found upon analysis not to
contain more upon an average than two pounds of mineral
matters, oxygen, hydrogen, and carbon being its principal
constituent parts. At present the bulk of the article and the
expense and uncertainty of steeping it, with the unsatisfactory
circumstance that associated capitalists, by the erection of
machinery, &c., can command the grower, and monopolize
the market, is a great drawback; but M. Claussen renders
the cultivator again a free agent. A compact machine,
costing about 101., separates the woody part and the glutinous
substance from the pure fibre, in conjunction with the process
of boiling the flax for about three hours, in water containing,
say one half per cent,. of common soda, and subsequently
placing it in water sightly acidulated with sulphuric acid,
the proportion of acid used being 1 to 500 of water. This
process does no injury whatever to the fibre, the two ingre-
dients forming a neutral salt; but the most important part
of the invention is the subsequent cutting and bleaching
that changes the whole character of the staple and avimi-
lates it to cotton. The grower need only undertake part of
this procesti, as the manufacturer will do the rest ; and already
Messrs. Quiteow, Schlessinger, and Co., of Apperly-bridge,
near Bradford, and Mr. Dargan, at Kildinan, near Cork, are
carrying on the process upon an extensive scale. As licences
are liberally and economically granted to every applicant,
the possibility of monopoly is destroyed. The great results
in regard to comparative independence of cotton, every
practical man can estimate for himself.
Amsterdam accounts of the 26th inst. state that Dutch
Stock was rather feebler, but business was restricted. In
Spanish there were important transactions at higher rates.
In other foreign securities there was no particular change,
but Mexican at lower rates were much dealt in.

The English Stock Market has been dull, but the amount
of business has been very small. Consols for Transfer have
realized '964 and 96%, and for Account 96% %. che-
quer-1';ills have been quoted 535., and India Bonds 575. to
61s. premium. South Sea Stock has been done at If 614.
The Foreign Market has been rather duller. Mexican
have gone back to 331/8 % for Transfer, and 331/2 % for
Account. Peruvian Four-and-a-Half per Cents. have been
quoted 85% and 86M, being firmer. Spanish Five per Cents.
are 211,E %, and Portuguese Four per Cents. 3434. Dutch
Two-and-a-Half per Cents. are 581, .
Railway Shares have been again depressed, and there is
a marked falling off in business. The enormous charges for
carrying off have disgusted the weaker speculators, and we
may expect for a time a much quieter market. Neverthe-
les, if a host of persons buy for Account far beyond their
means, they do Share property more harm than good, and
are no loss. A prudent speculator is always prepared with
a certain amount of funds to meet engagements and render
him partly independent of the jobbers.
QUARTER TO THREdi.
961
... 96

Consols ...
Ditto Account

ONE CLOSING
PRICES OF BRITISH FUNDS O'CLOCK. PRICES.
3 per Cont. Consols Any ui ties... —... 96%1/2 96%
Lino: Anne. to expire Jan. 1860 ......
Ditto 30 years, Jan. 5, 1860. 7% 7%
India bonds, I,oool.___ _ 61 57 p 57 p
Ditto under 1,000:.
South Sea Stock
oneols for Account 96%1/2 961/2
Exchequer Bills. 141 u. tii 2d
'.hool. June
Small. June 5O p
ONE
PRICES OF FOREIGN FUNDS. O'CLOCK.
..quador Bonds —
Mexican, 5 per Cent.lB46, with Coupons—
Ditto, Ex Jan. Coupons
Ditto, Account
Peruvian Bonds, 41/2 per Cent—
Ditto, Account
Ditto, Deferred — 39%
Portuguese 5 per Cents.
Ditto, 4 per Cent.
Russian Bonds .... 110 110% ex d.
Ditto, 4t, per Cent
Spanish 5 per Cont. 1340 2ll/214 21
Ditto, Account
Ditto, Passive 6IA3 6 6
Venezuela Bonds, 214 per Cent
Dividends on the above payable in Loudon.
D itch 2t% per Cent., 12 Guild.
Ditto, 4 per Cent. Certificates— 92 92

53 p

50 p
CLOMNu
rmeEs.