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

THE SUN, LONDON, THURSDAY EV-I,INING, FEBRUARY 18, 1851.

We et at not be answers
will not 1. e influenced by

-9%

-1734

5 —4% dbl.
1 —lXp.

1.4 P.
54 -4 P.

1 -13(

• • -- ..

16 15%
34 —36 cua.
27 34 28
456 —4q dis•
101 11,
3% —3%
.• ••
9% —9% dls.

27%
10%1 %

354

5►,4 %

I%
IC BANKS
29 323(
423( 42%
976 10%
25 25%
18% —lB x.d
27% 27%

17% - 18
42 -43
1571 - 15
347 -35

121 - 13%
•• r_-.

MINES.

Paid. Nominal Prices. „Business done
to-day.
Al3l :10-Mexican(is. 51. p.) 100 ..
AM aria!' ..... 15
Au ,tralian ............ 4 3' -2%
rossa Range ....... 1 13 0
B] 'a enarvon Iron and Coal 50
Be Janos Scrip . .
Dr, 'fish 1r0n... .. 13 5 ..
Bra zillan Imp. (is. 51. p.) 24%
I) Cocaes and Culaba 30 32% —32
e. St. John del Rey.. 15 14% 13%
Cob T Copper
Cop! g•po ..... • •
Gen tral •••• .. • • • 20 13% —l4
Real Del Monte, Unreg. X —39
Do Black Debentures.
Do ..Red Debentures ..
Santi. fa ode Cuba ...... 10 736 6
Tin Cr's ft .. • • • 7 10%
United , Mexican.....• ••28 2 8% 6X 536 8%
MISCELLANEOUS.
Canada •••••••• • • • • • • 32% 42% 46%
Gen. Strs m Navigat!on . 14 26% 25% 28%
Penin. 3c• Oriental Steam. 50 63% —7O
h; Pen:nt 70% 70
lar and Oriental Steam, 5 paid, has been done at 14 13%.`
Royal `.O. 1 Steam ...... 60 73 —69

I Steam,
Lble tor t
interest(

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 Madrid 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 iccotne of the country; and as a stimulus to
pay the interest regularly in future, any lapse

should entitle the creditors to resume tho

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
fractio❑ below five per cent. In fact, the whole of the
active debt and coupons ought to bear five per cent. ul-

timutely.
The Funds are rather dull again. Consols have been
quoted 9641 to 96a for Transfer, and 9Git to 96i for Ac-
count. Thu New Three-taici-x Quarter per Cents. have
b,en marked 984 to 99, and the Throe per Cents. 97 to
974. Bank Stock is 215 to 215 i. Exchequer-bills have
been 545. to 575. premium.
In the Foreign Market Spanish Five per Cent. Stock
has been at 19i to 20, and the Passive at to 5.
Mexican Bonds are 334- to 331 Dutch Two-and-a-
Half per Cents. have been 58k, and Russian Four-and-a-
Half per Cents. 97i to 97k.
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-Wwitern 8,427 ... 7,806
Brighton
Midland
South-Eastern
North Stailbrd
QUARTER TO TIIREis
... 96/ 1
... 96;
ONE CLOSING
PRICES OF BRITISH FUNDS O'CLOCK. PRICES.
Balk Stock
3 per Cent. Reduced Anne.
3 per Cent. Consols Annuities........ 96 Vs % 9614
New 314 per Cent. Anne 9874 99 983/4 DIN
Long Anne. to expire Jan.lB6o 73/4 734
India Bonds, 1,000/. Si 62 p 62 p
Ditto under 1,0001.......... .....
Consols for Account 96%%% 961/2
Exchequer Bills. 114 d. & 2d
1,0001. June •••
5001. June 57 54 p
Small. June 57 54 p

Consols ... .. ...
Ditto Account, March 12 ...

54 p

54 p
54 p
CLOSIN(,
PRICES.

ONE
PRICES OF FOREIGN FUNDS. O'CLOCK.

Buenos Ayres Bonds, 6 per Cent.... 52

52%

Ditto, Account
Chilien Bonds 6 per Cent „.. .......
Ditto, 3 per Cent... ..... ........... 65
Maxicare, .5 per Cent.lB4h, with Coupons—
Ditto, Ex Jan. Coupons ........., 33,1344
Peruvian Bonds, 414 per Cent—.
Ditto Deferred ........... .......... 36
Portuguese 5 per Cants.
Ditto, Converted, 1841 — 8444 ex d.
Ditto, 4 per Cent.
Russian Bonds
Ditto, 4% per Cent, 97%% 97%
S/anish 5 per Cent. 1840 19%8 20 19% 20
Ditto Account
Ditto, Passive
Ditto. 3 per Cent
Dividends on the above payable in London.
French Rentes, 5 per Cent 97f. 75c. 97f. 75c.
Exchange
Datch 244 per Cent., 12 Guild.
Ditto. 4 per Cant. Certificates 91%34 91%
P

33%
801/2
86

lONTEFRACT ELECTION. The 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 he described as a gentleman of liberal
prinoiples, who would support progression and improvement.
Mr. Moorhouse, of Knottingley, seconded the nomination,
amidst much interruption. Mr. 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. lie 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 a show of hands, 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 HONOURABLE TRADESMAN.—An individual,
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 be had amassed sufficient to
satisfy every former debt, which he determined to pay off,
although the law had so long freed him from liability, lie
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.

- - -
Last week a workman was unfortunately crushed
to death, at Mr. Haliburton'm colliery, near Wigan. He was
at work in the mine when a stone fell upon him fromf the
roof, and so great was its weight that it bad to be broken into
pieces before the body could be released from beneath it.

7% 6
10% 11
6% —5%
,ANEOI.7S.
42% 46%
26% Ds%
GS% 70
73 —69
paid, has been done at 14 13%
e errors of the °Metal Lists, and
correspondents.]

IVIONI 7..:Y and COMMERCIAL NEWS.
CITY, TWO O'CLOCK.
The sal es of Cotton at Liverpool yesterday were esti-
mated at 4,000 bales, with prices still declining, and
American ti ,ere id. to id. lower. The sales comprised
3,000 Amer ican, 150 Pernam and Maranham, at Bd. to
Bd.; 50 Bat ilia. at 7d.; 300 Egyptian, at 7fl. to 100.;
300 Surat, a '; to 51-d.; and 50 Sea Island, at ls. 21.
,to ls. sd. pet lb.—Railway Shares were active at ad-
vanced prices for all the principal lines.
The six we eks' official average price of Wheat is 38s.
per quarter.
The Colonial Markets are very dull. Parties are
waiting for the- Budget.
Messrs. Gan finer and Urquhart, in the East India
trade, have susp ended for about 40,0001.
There is an ALA about to be introduced into the Le-
gislature for the better security of passengers, and 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 authorLe the said Cora-
iniysioners, 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 full 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 be too much protection afforded to emi-
grants, who, with every precaution, must suffer more or
less.