The Sun.
London, England, 1851-02-06 00:00:00

outguess WO
Paid. Nominal Pete& to-dg'
••••••:
Anglo•Afexican(is. 51. p.) 100 • • —• •
Asturian .......... •• • • 15 .• —• •
Australian 4 34
Barossa Range ..... 113 0 3%
Blaenurvon Iron and Coal 50 • • —••
Bolanos Scrip •
British 1r0n...—. •• • ... 13 5 —• •
Brazilian Imp. (is. 51. p.) 24% —• •
Do. Cocaes and Cuiaba 30~2% 2
Do. St. John del Rey.. 15 14% 13%
Cobra Copper • • .... •• • 40 32% •••• 34%
Copiapo ..... • • .... •.• 14 5%
General.. .• .. ••• . • • 20 13% —l4
Real Del Monte, Unreg. %
Do. Black Debentures. •
Do. Red Debentures ..
Santiago de Cuba .... 10 9
Tin Croft ..•••• • • • • • I 7 10% —ll ,AL
United Mexican,- ••••28 2 8% 6% "'
MISCELLANEOUS.
Canada •.• .• 32% 42% —44
Gen. Steam Navigation . 14 26% 28%
Penin. & Oriental Steam. 50 63% -69
Royal Mail Steam .. •• .. 60 73 —69 • 11114

9 —7%
10% 11
6% —5.%
,ANEOUS.
42% 44
26% 25%
63A 69
73 —69 1 110
'eco*rrrre°s7o9nfdethnets."l] ccial
orrespondents.]
MONEY and COMMERCIAL
NCK.
C.l TY,T IV 0 0' -
The sales of Cotton at Liverpool yesterday we, ILI of
mated at 3,000 bales, with a heavy market, and P',7,6feo
all kinds nearly id. per lb. lower.—ln Relit's)!
only a limited business was done at rather lower rp
The state of the Iron trade is so peculiar, and of e
add so unsatisfactory, that anything in the own pi
remedy will be hailed with the highest satiefecillior
those having that great interest truly at heart, brig
ever much individuals may be found difficult W„,
into a common agreement. Mr. William Short, a°
tbs
perienced broker, tells a tale that may fairly startle itr
uninitiated, and should :be attentively considered 1,3481
tending buyers. He says that on the 31st Dee.,
the stock of Scotch Iron was 95,000 tons, at tb,eh:slol
date in 1849 it had increased to 195,000, and nil oerl
Dec., 1850, was 275,000 tons, and then procee,""o3alcs
justly to remark that " having thus proved that we bald
of Iron in Scotland regularly exceeds the conganlitalel
by near 2,000 tons per week; that the make insine
and Staffordship must be beyond doubt too 11016 ia
every advance during the last two years has en o°7o to
recoil to old and losing prices, it seems inVisitesd.
come to any other conclusion than that the Iron oil,
of the whole kingdom is suffering under a conillaarli
and that that evil is over-production. Scotian" fer
makes annually about 100,000 tons too much. These
production in Wales and St.ffordshire cannot he t'rea itt
curately ascertained, but may fairly be elitio$000•
from 1110,000 to 200,000 tons, and these surPl ;asks
tities must inevitably lower the price of the whole..,nrofe'
of the kingdom, and no hope of a permanent "al tbii
ment in prices can bo rationally entertained 1111;-, ap.,
evil is corrected, or a new source of demand telt/Its °I
"I am not sufficiently conversant with the 0:0 111.
smelting iron to express stay decided opinion °Nat it
beat mode of diminishing this over-production; t the
seems to me that it might be accomplished witb°,ll• dr
adoption of any violent measures, but merely 400
creasing the weekly output of each furnace -t°:. dieo
extent, not more than three tons per furnace P.,70 toe°
in Scotlend, where the excess is largest, and,S.7leliict
per furnace per diem in England and abnci.
would reduce the whole make of Great Britain "Jot th°
300,000 tons per annum, being my estimate
excess. i •
L.;nt bO,ll
"I Trail know how difficult it would be to L;
the faithful adoption of this or of any plan for si—a-iina
taneous diminution of the make oflr n by a vw-r
l'tb°
0 r
re
producers scarcely any two of whom have p eul° .0 p
same interests, or are even at the same rnolne?thia
but t
,7
cisely the same circumstances as to orders, tackease requires a remedy, and however difficult th":
may prove of restoring this vast trade to a hen.thitf of •
dition, it cannot be denied that at least it is v/°'":"
vigorous effort to work a cure." t at the
The advices received from Panama state -11it
railroad progresses very slowly, but it is said that tiaioe.
be finished in three years. There are but three 9,t-altid
formed at present. There will be one more';ssli
tour from Navy Bay to Gorgona, as follows:•••••19"
Bay, the commencement; 2d, Gatun, about gef "
en
'OOl
from Navy Bay; 3d, Bohia Soldado (soldier.° Volls
4th, Juan Grane (Great John). The ►the
Navy Bay to Gorgona by railroad is 26 naltiThbiii
Chagres river will be crossed by a bridge li
side of Gorgona. Nothing has been done or on?: aok"
on the other side of Gorgon', nor will there ":,:(100/
this side is finished. There ,will be some °lir.° be
work between Gorgona and Panama—a tunnal 1.. Id
made of about 3,000 feet. 2d. 1/81
The six weeks average price of Wheat is 389* 91,1v'
quarter, and the quantity sold last week r'6s
quarters in the markets which make official returni6h
tre
The advices by the West India mail•are of le I°l'
same character as those by the former arrival. -be
lowing is from the Jamaica Kingston Journah'fnifolf.
We have much pleasure in making public the '''talco
ing communication from Senor Don Juan del Ctit," tes'
the Spanish Consul in this city, announcing ,tbe,ce rt:
tion of the authorities in Cuba to comply with --the"
quisition of the merchants in this city, requesting 0 st,
vessel of war might be placed on the route betwee
e peep _,,,
iS%
Jago de Cuba and this port, for the purpose of
the direct communication which the Royal gn.,lol%;loer
Packet Company had thought fit to abandon. i-,1"1. Olt
cantile community are indebted to the Consul "he" fora
ready compliance with their wishes, and we hopetb
long
to find a similar compliance on the partr,"; l ba'
American Steam Company with respect to the Car
gena route—

Gen. Steam Navigation .1
Penin. & Oriental Steam . I
Royal Mail Steam ..
F We cannot be answer,
will not be influenced by

able for tl
intereste,

Co
" Consulate of py.)
her Catholic A.Slestf,
re
" Kingston, Dec. 31st, 185v.00110'
" Dear Sirs, —I have the pleasure to intimate 10 Y 0100 l
doubtless, in consequence of the numerous 00101°
which devolve on his Excellency the Captain Gee 000.
the Island of Cuba, especially at the moment of 0 of so
ing that office, as was lately the case, the kit/Y(414:
much time has occurred in the giving of an sa?"tee'.
ment to the communication I forwarded to W. 00 ell
lency, accompanied by a copy of the docureeDV
closed to me in your letter of the 27th July 169.'60
by several respectable mercantile firms of this
_OO,
questing me to use the influence of my position ^...iog P
authority referred to, for the purpose of obtelP
favourable answer to your supplication.
the 913bJe°1
" Having at length received a dispatch 00 to
by the steamer Conway, on the 29th inst., b:7O
form you that his Excellency states therein lbstioe
as various circumstances permit it, your solielto
be acceeded to, and a vessel of war be appointsut for ells
voyages between St. Jago de Cuba and this Poln'resl4
conveyance of the public correspondence, sillieuifes bolos
ing mercantile intercourse between both Pailieb P
longer interrupted by the change of route le
been made of the English steam-packets. doll'l ,b,
0
" These circumstances I have the honour l„- at
your information and satisfaction, requestit
same time that you will convey them to the oth
who signed the document above referred to. .106
Subscribing myself your very obedient 01'610'
(Signed) " JUAN DEL CANTILLO, Conga °'
" Messrs. Dennistoun, Campbell, and Co." be 0110
The English Funds have been very steadYsconeo,lo
is scarcely anything doing. The value o,f Thl,;jt
116 i both for Money and Accounts. The oaei
and a-Quarter per Cents. have been 98/ to •g5.--A4:
Stock is firm at 215. East India Stock is at 2- to 5-
chequer-bills have declined a little, being 59°'
,ni
premium. Money is in greater demand. re,r-41
The Foreign Securities have been rather:it:o;o
mated. Mexican Bonds have improved to 5".,',601„°0,
Peruvian Deferred Stock is at 361 ; PortugLr Cet.ll.
per Cents. are worth 33i f; Spanish Three.nr:oi..o"o,
are quoted 384, being rather neglected. 1341—,r Coo
per Cents. are firm at 113 i, and Dutch FOCIr
gefo
at 114 4. Vs eed
Railway Shares have been more dealt in' re iipc,i4
Counties have rallied to 74, Great Norther0 s- -
also Great Western, South- Western, &c. isay
gidls_,l
still weak, and also Lancashire and Yorkshire'
or two others. The foreign lines are buoyan.it:eti 09
The last week's Railway Receipts, ascert"'"
this day, are in round figures asunder:— 1198
£141,875817. •" 15::b09°
Great-Western
North-Western
.... 39,190 ••• 4'6 01
South-Western 8,055 ••• 6'ol'
Brighten
Midland
South-Eastern
§/7
St
North Stafford
Caledonian 6,054 ••• 'oo*
QUARTER TO
96i1 ,110
96i cO7S.
ONE 1°
PRICES OF BRITISHFUNDS O'CLOCK. I'l
Bank stoca
3 Cent. Reduced Anne.
3 per Cent. Consols Annuities........ 961,4 Ni opt%
New 3!4i per Cent. Anns.... .- . 98:4 Ti ""' 3
Long Anne. to expire Jan.lB6o 73/4 -6
India Stock 265
India Bonds, 1,0004 ...... .....
Ditto under 1,0004. . ......•••• 68 45 p
ousels for Account 961/.2% 517
- ehequer 11111 s. 1546dK 255 P
1,0001. June
y.OOl
Small. June 5B p C-34
rs.,cs ,

Consols ...
Ditto Account

670,L
9

9E
PRICES OF FOREIGN FUNDS. O'CLOCK.
firazilian Bonds
j,03,,,
Danish Bonds, 1825,3 per Cent.
Do., 5 per cent ...
Equador Bonds .. - 07*
MJ.Kii..saii, ' per Cent.lB46, with Coupons-^' - $4
Ditto, Ex Jan. Coupons .... 33 .4 la_
Ditto, Account '''.
33%% ''" ' 86708
Per,vis.r. Bonds. 4% per Cent__ ..... ~ . ' ~.. a
Ditto, Deferred
_36% '
_7e 33403.
,11
% Portuguese 5 per Cents. '
)itt o, 4 per Cent. . 33:/f 71 I/
Basilian Bonds • . 'c
.. 113ta , ' 18,14
Ditto, 4% per Cent 97%31 $B7O
s..r. :. • t,./hi i !•••+1 5 km*: .....
.„, -- .
Ditto. 3 per Cent
.., , .Y. !. ,r, the above p, ytbio in '''''' . $Bl
Belgian, 4% per Cent ... -4, 90
I) _Lett Z% per gent.. 12 guild.
T.sitto. 4 per 43ant- ftertifi,,atea. 91%78 , i V%'.
.'.......--
- - itoy9l
9136°
A design for a glass covering to the he Gref tbs
change has been submitted by
Committee. It resembles in some degree 'the,, to aii.lstiol!
transept at the Exposition, and seems calculateua 000, ouja
siderably to the appearance or the building: Feerted, Woble
is provided for, and its con, truction, it Is °Boo Mould
Mr. Paxton to t roof 0, Coo-
render the temperature of the area beneath In nose
not only in winter, but also 4in summer. The eIP IA
be comparatively trifling. .„0. the e psi
It is st,t,cl that the experiment of dYel""cottons el
wit!' a •
made of M. Claussen's prepared flax mixed . roduCii atoll
been entirely successful, and that the colour P
.100 e. .1,00
clear and uniform as in articles made of cotton i''' have lio
specimens of woollen cloth with ,one-third if el i gsPe"
been exhibited, which are fetid to answer the Mc*
expectations.