The Sun.
London, England, 1851-10-13 00:00:00

P'usittec- (to
Paid. Norainai Prices. '
to-day.
Asturian •... • • •• • l5
Australian ••..••• • • • • • 4 1% 236
Barossa Rango
Blaenarvon Iron and Coal all • •
Bolanos Scrip .... ••• • • • • • —••
British Iron.. ••. • •
Brazilian Imp. (is. Si. p ) 24% —••
Do. Cocaes and Cuiaba all .. —• •
Do. St. John del Rey • • 15 18% 19% xd
Cobre Copper • • ....
Copiapo ..... ••• • • 14 634
714
General• •••. • • • •
Mexican& S. American 9 334
436
Real Del Monte, Uureg. %
Do. Black Debentures. • • —•.
Do. Red Debentures
Santiago de Cuba ••• • • • 10 2 3
Tin Croft .. • • • •••••• •• I 7 6% 8
United Mexican... • !2B 28% 3 —2
3OINT STOCIL u.a.znis
Australasia .......
British North America 5O 45 —46
Colonial .... • •
Commercial of London.. 20 25 —• 26%
London Joint Stock .... 10 18% 17%
London and Westminster 20 283, 29%
National Provincial Eng. 35
Do. New ..... • • .. 10
National of Ireland 221{ Di% 1734
Provincial of Ireland.... 25 42 —44
Do. New •• •• • • .... all 15% 16%
Union of Australia .. • • all 35 3634 35%
Do. New ............ 234 3
Union of London •.•••• 10 14% 15 %
Union of Madrid all .•
MISCELLANEOUS.
Canada ...... •• • • .... 32% 48 49%
Gen. Steam Navigation . 14 263, —2B x.(l x.a
Benin. & Oriental Steam. all 6s 67%
Ditto ditto 10 14% 15%
Royal Mail Steam .. •• .. 60 80 8334

Ditto ditto
Royal Mall Steam .. •• ..
Settling days in the Da,

:erect shrines, 16th an,

onth of October. Ticket days for regis-
Id 30th. Account days, 17th and Elst.
able for the errors of the Official Lists, and
interested correspondents.]

(we cannot be answers
will not be influenced by

MONEY and COMMERCIAL NEWS

CITY. TWO O'CLOCK.

There was no business done in the Liverpool Cotton
Market on Scturday.—ln Railway Shares only a limited
business was done, but the market was considered gene-
rally firmer.
Accounts from Glasgow give an insight into the recent
overtrading, and the cause of the failures. It is stated :
" A system of reckless speculation in this city has been
brought to a crisis this week by the announced insolvency
on 'Change of the firm of Charles Boyd nud Son, soap
manufacturers and tallow merchants, with whom are in-
volved some dozen or more of smaller houses. Spe-
culations, principally in tallow, have led to results
which will give a severe shake to confidence. Produce
in enormous quantities was bought and consigned at
once into the hands of brokers, who made advances
within a narrow but safe margin of the value of the
goods ; and for the balance bills were drawn by
those within the circle, one upon the other, as their ne-
cessities required. Those were easily discounted by the
banks ; and the result is, that there are no assets worth
mentioning. The commodities are in the hands of the
brokers ; and the unsecured creditors may at once rule
off their claims as bad. We are informed that the
trifling amount of capital actually possessed by these
parties, on which they have founded speculative transac-
tions to the extent of hundreds of thousands of pounds,
is such as to excite wonder at the facilities afforded for
an expanded trade based upon fiction.
The steamer from the United States brings intelligence
of rather a more favourable character than some had
anticipated, although additional failures had occurred.
Upon this subject a local writer states:—" There have
been numerous failures among mercantile houses, manu-
facturing companies, and banking institutions, in all
sections of the country, and there must be a great many
more. The liabilities of the suspended houses cannot
be less than fifteen millions of dollars, and this
must have materially restricted the resources of the
community at large. Every failure has an unfavour-
able influence upon the money market, and leads to
greater caution on the part of the banks and private
capitalists. It is, therefore, all important that nothing
should be said or done to increase the excitement or in-

jure public confidence; and we trust the slightest rumour
affecting the standing or credit of any concern, public or
private, will either be instantly confirmed or instantly
put down. In times like these, it is criminal to trifle
with individual credit and mercantile reputation, and
nothing is so well calculated to keep up the panic as to
repeat or publish all kinds of stories of failures, suspen-
sions, and extensions. The truth is bad enough in such
cases. We have heard, within the past three or four
weeks, the names of more than twenty houses as having
failed, every one of which is at this moment in good
credit, and likely to weather the storm successfully, if
there are not too many Mark Meddles about, spreading
all kinds of reports relative to their insolvency, Lc.
There are at all times plenty of croakers about, who seem
to delight in circulating bad news."
Specie continued to be freely exported from New
York up to the 27th ult., but the Europa does not bring
much. The imports of merchandise still exceeded the
exports of produce, as but little Cotton was coming
more forward. Increased quantities of the article may
be shortly expected, but bills drawn on that account
may not be available immediately in discharge of in-
debtedness. During the week about 11,000 brls. of
Flour and 18,000 bushels of Wheat were shipped to
Liverpool and London.
It appears that the system of sending out pauper
emigrants to Canada is much complained of. The
Hamilton Journal states:—" About 650 paupers from the
workhouses of Limerick and Clare were lately landed at
Quebec, without a penny to pay for their passage up the
country or to purchase food to keep them from starva-
tion. They came out in three ships, which the work-
house unions employed, to rid themselves of their sup-
port. About 100 of these poor people—nearly
all females—were landed at our port on Friday.
They were all comfortably clad, but destitute
of every means of support. To the humanity
of the Rev. Mr. Gordon they were indebted
for a temporary subsistence. They are strong, healthy
looking girls, from the age of 14 to 30, and many of
them can work at the needle. Farmers, and other per-
sons in the country, who require female help, should
apply immediately; it would be an act of humanity on
the part of the Ladies' Society hero to look after these
poor creatures."
The accounts from Mexico do not appear to be quite
so late, but they supply some few details not previously
known. Several senators are stated to have been pro-
ceeded against by the Mexican Government, some of
whom were fined, some sent to prison, and some dismissed.
The house of General Almonte was entered by a file of
armed men, and property taken away to pay the fine.
Letters from Laredo say that a revolution had actually
broken out in Northern Mexico. Two thousand men
under General Guevra, at Bellville, seized the money
intended for the Mexican troops.
The Cotton crop of Texas is stated positively to have
been injured.
Hamburgh advicea of Friday last quote the Exchange
on London 13.54, being steady. Funds and Shares were
firm, with but little doing.
The Amsterdam Bourse on the 11th inst. was rather
feeble for Dutch Stock. Spanish was rather in favour.
Not much was done in other Stocks.
There has been r4ther a flat market for Public Secu-
rities, but no particular change has occurred. Consols
are 96 for Transfer, and 964 4 for Account. The New
Three-and- a.Quarter per Cents. have been marked 97k
and the Three per Cents. 96 to 1. The position of the
French Ministry is still considered insecure. Bank
Stock is worth 2114 to 2121. East 'edits Stock is steady
at 262. The premium on Exchequer bills is 465. to 505.,
a rise again of 2s. India Bonds have been 58s. to 565.
premium.
The Foreign Stock Market has been rather weaker.
Mexican Bonds have been down to 26j to 27. Peruvian
are supported at 881. Brazilian New Bonds are 84i,
and Grenada Deferred n. Sardinian Scrip is 14 dis-
count. Dutch Four per Cents. have been 901 to 91, ex-
div., an improvement of a to 4 per cent.
Railway Shares have been rather fluctuating, and
somewhat in favour of buyers.
QUARTER TO THREE.
Consols 96!
Ditto Account, Oct. 14 ... 97
BRITISH FUNDS THIS DAY AT ONE O'CLOCK.
(From the Official List.)
Bank Stock 2111,E 1214
8 per Cant. Reduced Annuities 96 1,4
3 per Cent. Consols Anne. 963/4
New 314 per Cent. Anes.
India Stock 262
Do. Bonds, 10001 56 p
Ditto under 1.0001 53 p
Console for Account .... 96J/4%
Exchequer Bills. 1.
1,0001.... 46 50 p
5001 ••••
Small — 46 49 p
PRICE OF FOREIGN FUNDS AT ONE O'CLOCK.
Brazilian Bonds. 5 per Cent.
Ditto New 80nd5,1829 and 1839 841/2
Grenada, 1% per Cent.............—
Do. Deferred ...... 33/4
Mexican Bonds, 1846, ex Jan. Coupons
Ditto Account
Ditto. Small
Peruvian Bonds, b per Cent B3
Russian Bonds, 1822, 5 per Cent
Ditto 4% per Cent. lOl%
Sarrdiniaa Bonds, 5 per Cent.
Do., Scrip
Dividends on the above payable in London.
Dutch 2% par Cent., 12 Guild ...
Ditto 4 per Cent. Cergficates 90j4 91 ex d.

LLOYD'S SHIPPING.—(THIS DAY).
LONDON, OCT. 13.----Wind this day at noon S.W.,
light airs.
SOUTHAMPTON, OCT. 12.—Arrd. Jupiter steamer,
Constantinople.
LIVERPOOL, OCT. 11.—Wind S.W.; 12th, S.—Arrd.
Anger, Puras, Bombay; Larch, Laidley, Callao; Zephyr,
Havelock, Barbadoes; Dement, Bell, Antigua; Joven
Dolores, Campeachy; Glance, Taylor, New Orleans;
Tell Tale, Legg, Cephalonia; Candace, Ashby, Shark's
Bay; Albion, Bombay; Clifton, Old Calabar; Blenz,
Campbell, Laguna; Huntress, Lambert, Mobile; Europa
steamer, Lott, Boston; Clermont, Dorman, St. Ste-
phen's, New Brunswick; British Queen steamer, Con-
stantinople; Itovere, Haves, St. John's, New Bruns-
wick; Medea, and Laurina, Alexandria; Venus, Tar-
ragona.
WHITEHAVEN, CCT. 11.—Wind Mercin,
McKenzie, Demerara.
CLYDE, OCT. 10.—Arrd. Tinter', M'Ewen, Malaga.
DUBLIN, OCT. 11.—Wind W.S.W.—Arrd. Polyphe-
mus, Premuda, Trieste.
WATERFORD, OCT. 11.—Wind W.S.W. to S.W.--
Arrd. Ellen, St. John's, New Brunswick.
QUEENSTOWN, OCT. 10.--Wind S.W.; 11th, S.W.,
strong.—Arrd. Acadian, Gardner, Callao; David Grant,
Crown, and Mexican packet, Galatz; Sapphire, Callao;
Ann Wise, Demerara; Chrisopulo, Odessa; Britannia,
and Luce°, Galatz; SlairAnno, Trieste.