The Sun.
London, England, 1851-12-08 00:00:00

Nominal

Anglo Californian ..••••
Asturian •. • ..... •••

-ASP

Australian ••..••• • • • • •
tarossa Range .. ••• • •
Brazilian Imp, (is. 5/. p.)

-
3}i

Do. Cocae; arid Culaba
Do. St. John del Rey..
Cobre Copper ••• • • • •• •
Copiapo ..... • • •
ncral ••• • - •.••• • . • •
Mexican& S. American
Nc a veati Monde .. • •
Real Del Monte, Unreg.

20}i
33 - 34%
-7%
13% - 14
-

-:--;

Do. Black DebentHrcs

Do, Red Debentures
Santiago de Cuba
Tin Croft .. • • • • •• ••
United Mexican•• •• ..••
West Mariposa ..

4 -3%
- 8
3 2
1 -
I %
'NE BANNS
38 -39 k
45 -46
10% n
25 -- 26
18%
28% - 29%

ZOIN'

Attztralasia
&idea North America..
Colonial .... •• .. • • ....
Commercial of London..
London Joint Stock ....
London and Weztminster
National Provincial Eng.

De. New . ..... ...•
National of Ireland .. • •
Oriental Bank Corporat.
rrerrincial of Ireland....

18% - 17,4,
27 - 28%
42 -44

Do. New .. • • • • ......
Union of Australia .. • •

157 16%
35 36%
a —a,%
14X 15%

Do. New
Union of London ......
Union of Madrid .• -
MX

Canada ••..•••• • • • • • •
Gen. Steam Navigation .
renin. & Oriental Steam.

,ANEOUS.
48 49%
2714 —2B x.d
70 —72
1614 17
7934 80,',

Ditty ditto
Royal Mail Steam .. •• ..
Settling days in the ma]

inth of
td ;Oth.
tble for t:
interests

tared shares, 15t1, 7n,

)ecember. Ticket days for regia-
Account days. 16th and 31st.
lo errors of the Official Lists, and
d correspondents.]

r We cannot be anawcrg
will not be influenced by

MONEY and COMMERCIAL NEWS
CITY. TWO O'CLOCK.

The Cotton Market at Liverpool on Saturday closed
fla'ly, and American and Surat in some oases were id.
to id. per lb, lower. The sales were estimated at 4,000
bales, including 300 Pan= and Maranham at sid. to
61d., and 1,500 Surat at 3d. to 31d. per lb.—The Share
Market was flat, and prices were declining.
The following notarial act has been executed by Mr.
James Capel, the chairman of the Committee of Spanish
Bondholders, and puts on record the fact that the confis-
cation of the coupons is forced upon the creditors, they
never having been consenting parties:—
"London, Dec. 3, 1851.

" On this day, the third of December, one thousand
eight hundred and fifty-one, before me, John Sise Venn,
of the city of London, public notary by Royal authority,
duly admitted and sworn, personally came and appeared
Janie, Capel, Esq., of this City, acting as chairman of,
and representing, the committee of Spanish bondholders
in England, which said appcarer declared to me, notary,
that the committee for promoting the claims of the Spa-
nish bondholders, having, in furtherance of such object,
addressed, amongst others, the following documents to
the Spanish Government—that is to say, the acceptance
by the bondholders, under protest, of the terms of the
law of the Ist August last, at a public meeting held on
the 20th October last; the petition of the committee,
dated 4th September last, for an amendment of the law
for the settlement of the debt in favour of the coupons,
so that they may be funded at their full nominal amount
in the new Deferred Three per Cent. Stock; the me-
morial from Mr. Weisweiller, the agent of the bond-
holders, dated Madrid, the 11th Nov. last,—all which do-
cuments showing distinctly that the committee were op-
posed to the law of the Ist August last passed for the settle-
ment of the Spanish debt, inasmuch as by such law 50
per cent. or one-b alf of the overdue coupons are abso-
lutely confiscated, and the Spanish Government not
having thought fit to lend a favourable ear or even to
notice these several communications of the committee or
the representatives, but, on the contrary, having, in
defiance of the same, confirmed the said law of the Ist
of August last in its original integrity, thereby leaving
the committee no alternative but to submit to such
arbitrary enactment or to decline all further agency in
the matter; and the said committee, after mature consi-
deration, being of opinion that by adopting the latter
course they should be compromising the interest of the
bondholders have, under all circumstances, deemed it
advisable to intervene in the conversion. But at the
same time the committee cannot do this without entering
a solemn protest against the injustice of this confiscation,
because there can be no reason shown why, even ad-
mitting the financial position of Spain prevent-
ing her employing at present any large amount
of active means to the adjustment of these
claims, still that such incapacity offers no argument
whatever against these 50 per cent. of coupons being
admitted as a deferred claim. Moreover, no debtor,
whoever he may be, whether a private indivi-
dual, government, or nation, has a right to make a
similar, or any deduction from the debt owing by him
without the full consent of his creditors; and even where
the necessity of the case compels his creditors to submit
to some deduction or abatement of their just claims,
justice and fairness always require that such deduction
or abatement should be made by the debtor equally and
in the same proportion on all debts due by him, of
whatever denomination they may be, and which principle
has not been maintained by the Spanish Government in
the present instance.
" Wherefor the said appearcr, acting, as aforesaid,
for and on behalf of the said committee of Spanish bond-
holders in England, for the reasons and considerations
hereinbefore set forth, declares and protests, as I, the
said notary, at his request, do hereby solemnly protest,
against the said Spanish Government and all persons
whom it may concern, by reason and on account of the
Ist August last being considered as a final settlement of
the claims of the holders of the bonds of the said Go-
vernment, but on the contrary reserving unto the said
bondholders their undoubted right to continue urging
their just claims until they shall obtain justice from
the Spanish Government, it being distinctly understood
that they do not in any manner relinquish their just
claims.
" This done and protested in triplicate in London,
datum ut supra, in the presence_of the undersigned wit-
nesses:—

"JAMES CAPEL, Chairman of the Committee
of Spanish Bondhulders in London.
" Winesses, Ed. Jones,
W. Powell.
" Quod Attestor, JOHS. S. VENN, Not. Pub."
The Grain Market is heavier this morning.
The steamer has arrived with the American mail.
The mercantile news is favourable, money was easy,
and stocks wore firm and in good demand. Breadstuffa
quiet and cotton steady. There are 607,000 dollars in
specie on board.
The steamer Dee, with the West India and Mexican
mails, has been telegraphed as being in sight, but we
have no letters yet. She will probably bring a good
amount in specie.
The remainder of the Overland Mail has just come in
rid Southampton.
The passport system is being most rigidly enforced
as respects the Continent. No travellers can penetrate
into Belgium or Germany, much less France, without
submitting to all the vexations of olden times, and at
Valenciennes the Belgian journals contained in the rail-
way carriage or post-office were seized, and even the
passengers were compelled to deliver up those they had
in their possession. Probably this will merely bo a tem-
porary measure,
It is perhaps not generally known that Amsterdam is
still the seat of an Administration for nearly one bun-
drod thousand shares of the stock of the bank of the
United States, or for about one-third of its capital, yet
such an Administration, under the guardianship of three
wealthy firms, does actually exist in that city, though
its labours in the cause it represents have as yet not
transpired.
The heavy depreciation of the shares of that institu-
tion, the capital and profits of which on the Ist of No-
vember, 1837, amounted to nearly forty millions of
dollars, has recantly led to an investigation, not only into
into the affairs of the bank, but also into the position of
said Administration, and resulted in most extraordinary
and highly important developments, which will be laid
before a meeting of shareholders shortly to be convened
in Amsterdam, and whereof duo notice will be given to
the English shareholders, whose attendance will be par-
ticularly requested.
There is scarcely any excitement in the City to-day.
The conflict in Franco is considered to be at an end,
and there is a return of confidence. The remarkable
buoyancy in the Paris Bourse is undoubtedly one cause
of this, for those who reflect consider that the future
task of government will be most difficult and harassing,
and that the exercise of undoubted patriotism on the
part of Louis Napoleon is essential to consolidate the
new order of things.
The Stock Market is materially better to-day. Con-
sols have been done as high as 981, a rise of to
per cent. since Saturday, but are now 07i to 98 for
Transfer, and 98 to for January. The Bears, who sold
heavily last week, have been closing, and the continued
influx of specie discourages them, but there was so
much speculation for a rise before the French news came
in, that we may yet have the account day, Thursday,
rather against the Bulls, if real buyers do not take
stock out of the market. The Now Three and-a-
Quarter per Cents. have been OS to 984, and the Three
per Cents. 97i to k. The premium on Exchequer-billy
has been 48s. to 515., and on India Bonds 58s. to 61s.
The Foreign Securities are nearly all looking up.
Mexican have risen to 2.14 I. Buenos Ayres Stock is
50. Spanish Five per Cents. are 201, and Portuguese
Four per Cents. 34. French Five per Cents. have been
quoted 94 50, with the exchange at 25 30. Dutch Two-
and-a-littlf per Cents. have realised 69, and Danish
Three per Cents. 74 to 76. Sardinian Five per Cents.
have been 80 to', 81, ex dividend, a very different value
to that borne last week.
A
Railway
gu a tr
Shares,irrticipate in the imp
Funds.rovement in the
Gold Mine are up to -11- and a pre-
mium. Ave Maria and West Mariposa about par.
QUARTER TO THREE.
Console ••• ••• 97,- 98
Ditto Account, Dee. 11 97i 98
BRITISH FUNDS THIS DAY AT ONE O'CLOCK.
perpe r Ccoennt. 3
Cent.
t(loFunrcsoeoradl At
Ahneumnuei Official
i c s.. a
98 ji774 98
s
New 3t4 per Cent. Anus.
98% 98
India Stoct-
Do. Bonds, 10001
Ditto under 1.0001
61 p
Consols for Account 5B p
Evehaauer Bills. 981,04: 7% 98
1,0001. ....... 1541
aOO/. ......... .. 51 48 p
Small . e
PRICE OF FOREIGN FUNDS—AT 0NE551 011.C11);,or.T,
Buenos Ayres Bonds 6 per Cent..,. 50
Danish Boncl§lB2s, 3 percent,.,. 74 76