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

15
11 6 3,

100
12 15 4

MINES.
—•-
to-‘I3Y•
Anglo•Mexican(is. Si. p.) 100 • • —• •
,• .
Asturian .... .. •• • • 15 .. —• •
Australian 4 314 21.41
Barossa Range ...... 113 0 3y
IllaenAryo, iron and Coal '0 • • •
it.
itriti,+ii Iron.. 5 • •
_
Brazilian Imp. (is. 51. p.) 24% •
De. Cocaes and Culaba 30 2
Do. St. John del Rey.. 15 14% 13?.,
Cobr.: Copper - • ...• •• • 40 32% 34%
Copiapo ..... • • .... •• • 14 514 614
General...• ..... 20 13% 14
Real Del Monte, Uxreg.
Do. Black Debentures.
Do. Red Debentures ..
Santiago de Cuba ...... 10 9 —7%
Tin Croft ..............7 10•74 —ll 5% 14
United Mexican .... ••25 2 534' '6 —5l i
MISCELLANEOUS.
Canada . ••• •••• 32% 1214 —44
Gem Steam Navigation . 14 26% 28%
Penin. & Oriental Steam. 50 6,.4% —69
Royal Mil Steam .. •• .. 60 73 —69 aid
fWe ca be answerable for the errors of the 0111,1'4'
will not be influenced by interested correspondents.]

S,
MONEY and I:O3I.MEKCIAL
LoCE.
CITY, TWO O'C--..„,
The sales of Cotton at Liverpool 3, esterdaY were of
tiestad at 3.000 bales, with a heavy market, and Prc-heage
all kinds nearly Lci. per lb. lower.—ln Railway
only a limited burin, ss was done at rather lower Priern`ii
The state of the Iron trade is so peculiar, and wprf 0
add so unsatisfactory, that anything in the shape
remedy will be hailed with the highest satisfaalor
those having that great interest truly at heart, ;rips
ever much individuals may be found difficult torn''.%.
into a common agreement. Mr. William Short, the
perienced broker, tells a tale that may fairly stilt is'uninitiated, and should ;be attentively considered -;848,
tending buyers. He says that on the 31st Dec" :as
the stock of Scotch Iron was 95,000 tons, at the •3-191
date in 1849 it had increased to 195,000, and on theved
Dec., 1850, was 275,000 tons, and then proceeds
so
justly. to remark that " having thus proved that the °dot]
of Iron in Scotland regularly exceeds the conslolee
by near 2,000 tons per week; that the make lo since
and Staffordahip must be boyond doubt too large'. to 0
every advance during the last two years has enderbie
recoil to old and losing prices, it seems iniPos°l-trea°
come to any other conclusion than that the Itc)°,,-ovilf
of the whole kingdom is suffering under a coulln°",0„-fli
and that that evil is over-production. Scotland e',.; at'
makes annually about 100,000 tons too much- The ~set'
makes
production in Wales and Staffordshire cannot be ts:d it
curately ascertained, but may fairly be eitlina",ooll'
from 150,000 to 200,000 tons, and these surPiti,s
tities must inevitably lower the price of the wil°le
of the kingdom, and no hope of a permanent
ment in prices can be rationally entertained 104 tip,
ffi
evil is corrected, or a new source of demand spring
"I em not sufficient) conversant with the de,. -ile
-,, the
smelting iron to expn-ss any decided opinion uP°,:iit it
best mode of diminishing this over-production; , the
u
seems to me that it might be accomplished witbo
adoption of any violent measures, but merely 110011
creasing the weekly output of each furnace to s 6discs
extent, not more than three tons per furnace Per n tone
in Scotland, where the excess is largest, and,t%bieli
per furnace per diem in England and `Vales,alegi beg',
the
would reduce the whole make of Great Britain by
300,000 tons per annum, being my estimate °
excess. ahoy
"I well know how difficult it would be to br'n°
si° f
the faithtul adoption of this or of any plan for body 0
taneous diminution of the make of Iron, by
producers scarcely any two of whom have Peee'sei-pr
same interests, or are even at the same mownii", -11
cisely the same circumstances as to orders, but th, g
too
ease requires a remedy, and however diffionitit,hby cOe:
may prove of restoring this vast trade to nesi'l; of
dition, it cannot be denied that at least it is w°l."
vigorous effort to work a, cure."
hat the
i
Thee advices received from Panama state that
oad progresses very slowly, but it is said tblittition°
be finished in three years. There are but three tol‘ill
formed at present. There will be one more'
four from Navy Bay to Gorgona, as follows:-"`,,t.-
nadee
Bay, the commencement; 2d, Gatun, about seveli
from Navy Bay; 3d, Bobia Soldado (soldier's e"Ko0
4th, Juan Grande (Great John). The distance.e the
Navy Bay. to Gorgona by railroad is 26 wiles the
Chagres river will be crossed by a bridge 1k nnsil
side of Gorgona. Nothing has been done oro-i_n eget'
on the other side of Gorgona, nor will there dot°
this side is finished. There will be some 5i111;:o be
work between Gorgona and Panama—a tunnel $
made of about 3,000 feet.
The six weeks average price of Wheat is 355' - o,l°-
quarter, and the quantity sold last week wile
quarters in the markets which make official return 12 the
The advices by the West India mail are of rliirehe fol'
same character as those by the former arrival. the
lowing is from the Jamaica Kingston Journah'foiloe
We have much pleasure in making public the, otillof
ing communication. from Senor Don Juan del utlotetv
the Spanish Consul in this city, announcing tbetb ie
re:
Lion of the authorities in Cuba to comply with - tb°
quisition of the merchants in this city, requests Keen
Sf
vessel of war might be placed on the route bLet9l;toinl
Jago de Cuba and this port, for the purpose r;istelv
the direct communication which the Royal 31;1 0-08f'
Packet Company had thought fit to abandon. 1 for thie
cantile community are indebted to the Cortsti'f fore
ready compliance with their wishes, andwe hope r,"-fe the
long to find a similar compliance on h par Carobs'
American Steam Company with respect to the
gena route—

(Copy.)
" Consulate of her Catholic
" Kingston, Dec. 31st, 185".00 the:
"Dear Sirs,—l have the pleasure to intimate to otioef
doubtless, in consequence of the numerous ocelerel
which devolve on his Excellency the Captain GebiliotiOr
the Island of Cuba, especially at the moment of of to
ing that office, as was lately the case, the del3/01:
much time has occurred in the giving of an tickl.3
ment to the communication I forwarded to his 0.5
lency, accompanied by a copy of the documenStlign..er"
closed to me in your letter of the 27th July 1119"ciiltAP's
by several respectable mercantile firms of this with PI.
questing me to use the influence of my positiooajog
authority referred to, for the purpose of nbt ;
favourable answer to your supplication. h Obilde4
" Having at length received a dispatch on tifa ;0,0-
by the steamer Conway, on the 29th inst., 117;o 1-11
form you that his Excellency states therein th.4.0000/1",.
as various circumstances permit it, your solicitato
be acceeded to, and a vessel of war be appointedL for
voyages between St. Jago de Cuba and this Pnrefetif
conveyance of the public correspondence! and 1)040
ing mercantile intercourse between both "
longer interrupted by the change of route W
been made of the English steam-packets. age to
" These circumstances I have the honour „ roi
your information and satisfaction, requesti",, varti
sane time that you will convey them to the Oale
who signed the document above referred to. opt,
"Subscribing myself your very obedient ser,'Qooo.
(Signed) " JUAN DEL CANTILLO, Consul 01 ".
" Messrs. Dennistoun, Campbell, and Co."
NA theo
The English Funds have been very steadY•,`Onoolo,
is scarcely anything doing. The value 0f Thrn;
96k f both for Money and Accounts. The Vs;
and a-Quarter per Cents. have been 98.1- CO
Stock is firm at 215. East India Stock iatL to
chequer-bills have declined a little, being
001#
premium. Money is in greater demand.
nor°,
The Foreign Securities have been rather n 0 sco 10
mated. Mexican Bonds have improved to &tie Pip
Peruvian Deferred Stock is at 36i ; Portligu-r Cei/lo
per Cents, are worth 33i i; Spanish Three Pen
are quoted 38f, being rather neglected. Nut: Coe'
per Cents. are firm at 113 i, end Dutch Four 13—
Ortj at 91f Plod
Railway Shares have been more dealt ig. opt,-,to
Counties have rallied to 7i, Great Northern.,,,gl:igase, 0-00
also Great Western, South-Western, &c.
loia -
still weak, and also Lancashire and Yorkshire,' 0
or two others. The foreign lines are buoyiannetl Or
The last week's Railway Receipts, ascer 0
I°b this day, are in round figures •as under:-
1851. Al4'4
Great-Western £14,787 ..• 39;609
North-Western 39,190 •••
South-Western 8,055 ••• ' 6,901
Brighten
Midland
South-Eastern
North Staffbrd
Caledonian 6,054 ••• dia.vt•
QUARTER TO T
Consols „„ 981
mf
Ditto Account ... ••• ••• 961;041.
BRITISH FUNDS THIS DAY AT ONE v -
(From the Official List.)
2li
Bank Stock
3 per Cent. Reduced Annuities 97a
3 per Cent. Consols Anne
98% 989v/9q 997°
"- Now 314 per Cant. Arias.
Long Annuities. Exp. Jan.sth, 1860
India Stock 265 ,g 0
India Bonds under 1,000/........ ....... 68 o','
"onsels for Account ••• 96%70
E (chequer B ills. I%cl 11014
March 57
.59
1,0004 b 8
Small

PRICE OF FOREIGN FUNDS AT ONE
Danish Bonds 1825, 3 per Cent "'-
Ditto, 5 per Cent lO3
M4xican Bonds, 1846,5 per Cent., Coupons "..
Ditto Ex Jan. Coupons
33X
Ditto Account
Peruvian Bonds, 44 per Cent......
71
Ditto Deferred
Portuguese Bonds, 5 per Cent :1, 4
Ditto 4 nor Cent. «. ° r
Russian Bonds, 1822, 5 per Cent... 191374%
Ditto 4% per Cent
88
Spanish Bonds, 3 per Cent,lB4o •••
_ot/.
Dividends on the above payable in Lo
Dutch 24 per Cent., 12 Guild
Ditto 4 Der Cent. Certificates ' '''* p•
IP

A design for a glass covering to the B4Ysreabl
change has been submitted by Mr. Paxton to the f Of tb
Committee. It resembles in some degree the I.°°lldd
transept at the Exposition, and seems calculated to
otiuitioa
siderably to the appearance of the building: Full lecl,
asserte
agrees is provided for, and its construction, it is
render the temperature of the area beneath more 94:40'11
not only in winter, but also in summer. The ePell's loth
be comparatively trifling. the C
It is stated that the experiment of dyeing non hal
made of M. Claussen's prepared flax mixed with cc'-ed i 3
been entirely successful, and that the colour produce soil-
clear and uniform as in articles made of cotton fat; e
specimens of woollen cloth with ,ne.third flax -ssat
" -tille
been exhibited, which are s.id to answer the We
expectations. OW;
The pleasantly situated property of Hie
in the parish of Dumfries, w sold last week for:
the 1
2,910L--Dumfries Courier. as
So
.