The Sun.
London, England, 1859-12-08 00:00:00

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NEWSPAPER

PRICE 4D. STAMPED, SD•

der,going any diminution. The arrivals continue
to be in excess of the Consumption, and the ware-
houses are becoming crowded. The declared value
of the+ imports, for the current year, up to the Bth
inst., has. amounted to 1:11,399,656, and of the ex-
ports to X 10,053,803, 'leaving-a balance in' favour of
the former of £1,345,843. Up to the corresponding
date,of last year the imports amounted to £9,006,697,
and.the exports to £9,997,272, leaving a balance in
favour of the latter of £575. These figures show
very plainly that, while our export trade has been
stationary, our import trade has been greatly on the
increase, and this at a time when the home powers
Of production 'are expanding to a greater ratio than
is necessary to keep pace witk the growing num-
bers of the population.
" The revenue returns for the year and quarter
ending'. the 30th tilt. have been issued, and are in
the main satisfactory. The general revenues have
been maintained, and that derived from the aliena-
tion of the Crown lands increased.

"The goldfields' returns:are not quite up to the
average, and, as the last quarter of the year is leas
favourable for mining pursuits than the autumnal.
and winter quarters, the prospect of bringing the
production up to:that of last year is now very re-
mote. Up to Saturday the quantities brought down
by escort amounted to the total of 1,736,569,0unce5,
against 1,861.591 ounces for the corresponding por-
tion :of 18584 and the shipments to 1,827,419
ounces against 1,949,793 ounces.
The escort returns for, the third, quarter of the
year 'tie now complete,'and we find that the aver-
age weekly production was only 44,523(m against
48,2350 z. for the third quarter of 1858. The weekly
average of the year has been 44,0070 z. against
45,1300 z. for the first three quarters of 1858. The
yield of the older fields appears to he undergoing
one of those periodical fluctuations which have
always characterized the pursuit of mining industry
in this colony. Political excitement may have had
some hand in causing the decline of this month and
its predecessor, and the share-jobbine•mania has un-
doubtedly exercised no mean influence. Prices
have varied with the fluctuations in the rates of ex-
change on England, and parcels have been held
back. No new fields have been opened up, and the
joint-stock companies are only making preparations;
they are not yet producers of the metal.
" The published returns of the Registrar-Gene-
ral's•office enabled us to compile for our last month's
report a statement of the numbers of the population
of the colony on the 30th of June last. The totals
were—males, 330,212; females, 187,151; total,
517,366.

" The demand for I:►bour is steadily increasing
with the advance of the season."

NEW SOUTH WALES.

We take the following from the Sydney Morning
Herald of the 13th of October :

" Since our last summary, dated September 12th,
the share-markat has been stead!, and the ad-
vance that had taken place in most securities
has beeti fully maintained. The fluctuations that
have taken place during the month are as follow:
Some large sales of the shares of Bank of New
South Wales have been made at .£57 per share, but
at a recent sal• by auction these shares were sold at
£54 10s. per share, but they are not now to be ob-
tained at this price. At a meeting of the share-
holders, held on the 28th of September, a resolution
was passed to increase the capital to £760,000. The
new shares are to be allotted at the rat' of one new
share to two old shares. Commercial Bank shares
are firm, and have bzen sold at an advance of lOs
per share. Australian Joint-stock Bank shares are
dull of sale. The calls due this and the next month
on the new shares of this bank, as well as the Bank
of New South Wales, have caused sellers to come
forward. Steam shares have been inquired for, and
some sales have been effected, both in the old and
new company's shares, at par. General Assurance
shares have been sold at an advance of 5s per share.
Sydney Insurance shares have been sought after,
and have advanced Is 6d per share. Gaslight shares
are firm at quotations, and the new shares have
been sold by auction at an improTeinsnt of 6s per
share.

" Government debentures are not quite so firm.
Terminables ore about, half per cent lower, in con-
sequence of a reduction in the rate of exchange on
London. Interminable?' are without any alteration.
" The rates of discount charged by the banks
remain the same—viz., 7 per cent.. for three months'
bills, 8 per cent. for four months', and 9 per cent.
for six months.
" The banks have reduced the rate of exchange
on Lon Jon since last month I per cent. The sell-
ing rate for bills on _London at 60 days' sight is nuvr
11 per cent. premium, and the buying rate par.
" The quantity of ;*zolddust imported into the
Sydney branch of the Royal Mint, for the purpose
of coinage, from the Ist of January to the 7th of
October, 1859, has been 237,736 ounces. The amount
of gold coin issued during the same period has
been. 643,000 sovereigns and 321,000 half-sovereigns.
Total value, £808,.500. During the same periort of
1856 the quantity of golddust reetivi2d for coinage
was 2G5,026 ounces, and the amount of coin issued.
791,500 sovereigns and 486,000 half-sovereigns.
Total value £1,331,000.

" The quantity of golildust received by the escorts
from our several goldfields, during the month of
September, was 21,822 ounces. For the same month
of 1858 the amount received was 31,822 ounces.
There is, therefore, a decrease of 2,054 ounces. or
aboyt 7 per cent on the receips of the month. The
falling off is in the quantity received from the
Western Gold-fields, but there is a considerable in-
crease in the yield from the Southern and Northern
Gold•fields. From Jan. 1 to Sept. 30, 1858, the re-
ceipt amounted to 152,076 ounces. For the corre-
sponding nine months of the present year the
amount received has been 214,396 ounces. There
is therefore an increase of 32,520 ounces in favour
of the present year.
" The amount. of Customs revenue collected at the
port of Sydney during the month of September has
been £38,643 14s 11d. During the corresponding
month of 1859 the receipts amounted to £45,895 los
sd. There is therefore a decrease of £7,251, 15s 6il
on the receipts of the month. This decline in the
Customs revenue is to be attributed to the motion
recommending the abolition of the duty on tea and
hugar.which *as passed by the Legislative Assem-
bly, hut was afterwards rescinded. As it was stated,
however, to ho the intention of the Government to
propose a reduction in the duty on these articles,
holders have held hack paying the duty, and until
the financial statement of the Colonial Treasurer
has been mode, there will be no desire to pay the
duty, except for actual requirements. During the
nine months of the year 1858, the amount of duties
received was £405,728 13. Id ; for the same period
of the present year the duties collected have
amounted to £445,194 198 1 ld, which is an increase
of £39,466 Os 10d, or nearly 10 per cent. in favour
of the present year.
" It is satisfactory to find that the Customs
revenue during the last five years has gone on
gradually improving, the increase on the re-
ceipts of the present three quarters of the, year,
as compared with 1855, being £117,964 12a sd,
or 36 per cent. ; with 1856, £125,265 • 18s 1041,
or 39 per cent.; with 1857, £61,983 is Bd, or
about 16 per cent. ; and with 1858, £39,466 Os
101, or nearly 10 per cent. On referring to the
Ways and Means laid before the late Parliament by
Mr. Cowper last year, we find that the estimated
revenue to be derived from the customs during the
year 1859 was £572,250, or .£429,187 lOs for nine
months. On comparing this estimate with the an-
nual receipts of the present year, it will be seen
that there is an increase of £16,007 9s ld„, or over
31 per cent. on the amount received at the port of
Sydney only ; now, if we include the Customs re-
ceipts at the ports of•Brithane and Newcastle, the
gross Customs revenue will be augmented by the
sum of at least £22,000, so that the real increase
in the estimated revenue is nearly 9 per cent.
" Some very fine specimens of cotton grown in
Queensland have been sent to Sydney. It is pro-
bable that cotton will become a staple production
of this new colony after its separation from New
South Wales. The great difficulty in the way will
be labour. Without cheap labour. it will not pay
well ; and, although the growth of cotton may be
prefltably carried on in conjunction with other agri-
cultural pursuits, it has as yet. been found imi3 o
ssi.
b.c to iMprcss the classes interested with a duo apprrciation of this Tact, and to make them turn it to
account."

21'36
22'40
18.23

REPORTED BOMBARDMENT OF A BRITISH MAN,
depeteh, dated Mexico, NOV. 2, which was
yesterday posted in the Liverpool Underwriters' rooms,
states that two sailing vessels entered the port of San Blas,
laden with goods .tor Baron, Forbes, and Co., at Tepic.
They were, however, immediately seized by the orders of
Coronada. Information was at once conveyed to the cap-
tain of her Majesty's ship Amethyst, who at once demanded
the restoration of the captured ships. The captain's request
was met with a flat refusal, Coronada declining to give them
up. The British captain then hoisted out his boats, and
gave orders to cut the ships out of the harbour. On the
boats approaching the citadel opened fire, which was
'vigorously returned by the guns of the Amethyst. In the
meantime the boats pmereded up the river lo'the place
where the vessels lay moored, and, after some resistance,_
'succeeded in cutting the two ships Mit from under the guns
of the citadel of San Blas.--Manchester Guaratan.