The Sun.
London, England, 1860-05-21 00:00:00

THE SUN, LONDON, MONDAY E VENING, MAY 21, 1860.

MISCELLANEOUS.

10 Anglo-Mexican Mint all 15 154
1000 Atlantic Tel. (Limited) all. —,
25 Australian Agricultural 19 '3O 32
. 10 Berlin Water (Limitea all 41 5
50 British American Land' 40
50 B.&l.Mag. Tel. A. (Lim.)l all 37 39
20 Do. 8,7p.c.ti111852 (Lim.) I all 20 22
20 Do. C. (Limited) all 144 161
321 Canada Laud all 118 122
10 Chan.lslands Tel. (Lim ) all 6 8
stock 'Cop.Min.ofEng.&Smltg all 20 25
25 IDo. Pref. 71 per cent.
stock Crystal Palace
stock IDo." Preference
I stock Do. sp: c. Perpet. Deben lOO 103 106
stock Electric Telegraph
25 Do. New l5 p 1 p
5 English & Aus. Copper all 2/ 24 24
15 Gen. Steam Navigation 14
1 Great Ship (Limited) all 4 4
1 Do. 171 p. ct. Preference 4
20 Indian & Aust. Telegr. 2s.
I 5 Lou. District Tel. (Lim.) 2 1 d
20 London Discount (Lim.) 5 1 0d34 4
I 4 L.G. Omnibus Co. (Lim.) all 1 1 14
20 Madras Irr. and Canal.. 1 3 3p 34 4
10 Mediter. Electric Teleg. all
10 hied. Exten. Tel. (Lim.) all 3 4
25 National Die. Co. (Lim.) 5 1 Old 44
20 Nerbu.Coal&lron (Lim ) 5 24 lid
10 Netherlands Land all
5 Do.B p.e.Pref..iss.atl die all
100 N. Br.&NovaScotiaLand 80 104 4
15
1 N.B.Australasian (Lim.) all 1 1
1 Oriental Gas (Limited). all t 1
1 Do. New Shares (Lim.). 155. 4d p
10 Orintl.ln.Steam(Lim.)A 6
10 Ditto 13.
10 Ditto C. 2s.
stock Peelll.Lnd.&Min.(Lim.) 100 45 50
50 Pen. & Oriental Steam . all 80 82
50 Do. New 2O 13 15 p 314
20 RedSea&lnd.Tel.g.4lp.c 174 4 d p 17
50 Rliymney Iron
15 Do. New all 5 6
100 Royal Mail Steam 6O 48 50 xd 491
stock Scot. Austin. Inv. (Lim.) 100 120 130
25 South Australian Land all 3.5 .36
1 Submarine Tel. Scrip all
1 Do. do. R gistered
20 Tr. & Ln. Co.ofUpr.Cau 5 -
-
100 Van Diemen's Land

D EDITION.

SUN OFFICE, Scren o'clock.

the noble earl was understood to reply in the affirmative,
but that there was no such provision for the payment in the
present estimates.
PAPER DUTIES REPEAL BILL.

Earl GRANVILLE rose to move the second reading of
this bill, which he said was to repeal the duty on paper, which
had existed for 150 years. Thelaw, with some modifications,
had remained up to the present time, and although from
time to time of late years a repeal of it had been sought, it
had always been opposed by the Conservative party, who
argued that it was highly inexpedient to remove
the tax. In 1857 her Majesty's Government had
determined to bring in a bill to repeal the
duties, and at the present time a bill with that object
had this session passed the other house, after being sub-
jected to no less than three divisions. He understood that
the noble earl opposite, who opposed the bill, did not in •
tend to argue against the repeal of the duty on paper on
its own merits. He was quite prepared for the course, as
it was impo Bible to say anything in its favour. The
noble earl then alluded to the report that had been
presented by commissioners who bad been appointed to in-
quire into the subject, in all of which the paper duty was
condemned as quite intolerable, and read certain extracts
from the speech of Mr. Gladstone in the other house of
Parliament, giving his reasons for repealing the paper duty
at the present time. The noble earl in his speech to the
deputation that waited upon him on Saturday, said he had
received certain information from some newspaper pro-
prietors in Ireland ; but he did not think that that circum-
stance was of itself of very great importance, and tho
petitions he (Earl Derby) hnd presented ought
not to have so much weight, since under the pre-
sent unequal distribution of the paper duties the paper
manufacture rd in Ireland were less heavily taxed than they
were in this country. The present tax, however, was not
only a tax en knowledge, but it acted in a most ob-
jection able manner in developing new inventions,
many of which were now only waiting for the abo-
lition of the duty. When ho looked abroad he found
fresh proofs of the objectionableness of the paper duty.
In America and France the consumption of paper
wee enormous, as more than three times as much per head
was consumed in the making of all kinds of useful and orna-
mental articles. In Japan the use of paper was also very
great, as it was not unfrequently the case that a
large number of rooms were constructed with it, and
such being the ease, he thought if the inhabitants of
that country could turn paper to such uses, the more
intelligent public of this country could do the same, pro-
vided the duty upon the article was repealed. Mr. Charles
Knight, the eminent publisher, had most strongly put for-
ward the objectionableness of the tax. In valuable books
the duty did not press so hardly, but upon cheap literature
it rose to 30 or 40 per cent. It had been said that the repeal
of the tax on tea and sugar would be of greater benefit.
That might be the opinion of many, and he did not find
fault with it. Then, again, it was held by some that a
redeemed income tax would have been far preferable—
(hear, hear)—but, after giving all the subjects the most
attentive consideration, her Majesty's Government had
determined to abolish the paper duty, as it was one that had
been over and over again condemned.

THIS DAY'S MARKETS.

CORN EXCHANGE,
The leading markets held on Saturday were scantily sup-
plied with wheat, and all kinds moved off freely at Is. per
quarter more money. Barley commanded extreme rates,
and the value of all other produce was fairly supported.
The continental markets have shown more firmness, but

the business done in them on English account has not been
to say extensive. In the United States, both wheat and
flour have changed hands to a fair extent at previous cur-

rendes.

The arrivals of English produce up to our market last
week were limited, and the imports from abroad were only
6,033 quarters of wheat, 10,310 barley, 9,638 oats, 650
bean 3, 611 peas, 32,595 linseed, 7,761 rapeseed, 110 maize,
130 sundry seeds, 255 sacks and 4,092 barrels of flour.
Fresh up, to-day, only a limited supply of wheat came to
hand, coastwise and by land •carriage, both rom Essex and
Kent. From other quarters the receipts were trifling.
The attendance of town and country millers was by no
means numerous, yet the demand for both red and white
qualities ruled steady at an advance in the quotations rea-
lised on Monday last of from ls. to 2s . per quarter, and a
which a fair demand was effected.

We were scantily supplied with foreign wheat, fresh as
well as ex-granary. All descriptions were held at a con-
siderable advance ; but the business doing was by no means
extensive, at fully is per quarter above the prices realised
on this day se'nnight.
Floating cargoes of grain were in fair request, at full
currencies.

All descriptions of barley—the supply of which was
moderate—sold readily, at quite last Monday's quotations.
The malt trade was inactive ; prices, however, ruled
steady.

We had rather a limited supply of oats on offer. The
tradowas firm, at quite 6d. per quarter more money.
The few beans in the market changed hands steadily, at
very full prices.

Peas commanded extreme rates, with a fair demand,

Both English and Foreign flour sold steadily, at very
full prices to advanced rates. The top quotation for Eng-
English advanced 4s. per barrel. Norfolks, 2s. up.