The Sun.
London, England, 1861-07-30 00:00:00

(ii:V"Er if/ P A-TN

CITY, Two o'CLocK.

Business in the Foreign and Colonial Produce
Markets during the last few days has continued
dull. Sugars have declined about 6d. per cwt.,
tea, coffee, and spices have barely sustained
former quotations. Rice has been in fair request
at steady rates, but only limited transactions have
taken place in saltpetre and tallow. P.Y.C. on the
spot is quoted 475., and for last three months' deli-
very 475. per cwt.
In the Liverpool Cotton Market, yesterday, a
large amount of business was transacted, at fully
previous rates. The sales were about 15,000 bales.

A meeting was held to-day of the shareholders
in the Australian Agricultural Company, and the
proposed dividend of 15s. per share were agreed to.
About £53,100 in gold was sent into the Bank
of England yesterday.
An extraordinary general meeting of the Atlantic
Royal Mail Steam Navigation Company has been
convened for the 14th proximo, to authorise the
ißsue of shares on stock for increasing the capital
of the company from £500,000 to 5.1,100,000, and to
receive the directors' report upon the present posi-
tion and future prospects of the company.
The inquiry for money continues moderate, and
the rates remain without any change of importance.
There has been very little animation in the mar-
ket for Public Securities to-day, and the improve-
ment Which took place yesterday has not been
fully maintained, Consols being 90fr for money
and the 7th proximo. The New Threes and the
Reduced are firm at 89-1 90, Bank Stock is
steady at 230 and 232; India ditto at 219 and 221;
ditto 5 per Cent., 991 e ; and ditto New Loan
BeriP, 1001.
An average amount of business has taken place
in the Foreign Stock Market, and prices in some
instances show increased heaviness. Turkish 6 per
Cents. are 781 a ; ditto, 1858, 671 a ; Mexican
have receded to 22k ; Grenada Active to 141 ; and
Spanish to 481 ; Sardinian remain at 781, and
Russian 4,4 per Cents. arc firmer, at 901.
Business in the Railway Share Market has been
Moderately active, the dealings, however, have been
chiefly in connection with the liquidation of the
account. Eastern Counties, Great Northerns, North
Westerns, Manchester, Sheffield, and Lincoln, Mid-
lands, and North Easterns (Berwick), have ad-
vanced 55.; and North British, 155.; Great
Westerns, Lancashire and Yorkshire, and South
Easterns have improved ss.
In the Foreign and Colonial undertakings the
dealings have been limited. South Austrian and
Lombardo-Venetian have advanced to 161, Grand
Trunk of Canada to 181, and East Indian to 991.

Joint Stock Bank and Miscellaneous Shares re-
mained in fair demand. Bank of Australasia im-
proved £1; London and Westminster, 15s. ; and
Royal Mail Steam, ss.

BRITISH FUNDS—ONE O'CLOCK.
Bank Stock
ii per Cent. Reduced Annuities 894 90
- ,per Cent. Cons as Annuities
4-N viv 3 per Cent. Annuities B9k 90
Annuities, 30 yrs, expire hth Jan., 1880 —
Ditto for 30 yrs, expire sth April, 1885 lsi
India Stock *•- ... ... 221 19
Ditto 5 per Cent. .~
Oitto Loan Scrip, 5 per cent ..
Ditto Entaced Paper, 4 per Cent —
Ditto 51 per Cent.
D Ditto ebentures, 4 per Cent., Oct., 1863 96t
Ditto 1859
Ditto Bonds £l,OOO
.litto under £l,000
Coaxols for Account, Aug. 7
2d Mar. p. day I June 31p. et
3 dis

Exchequer Bills, £l,OOO, 2d —
D,I to £5OO ..
Ditto Small
FOREIGN FUNDS—ONE O'CLOCK.
Brazilian 5 per Cent .. 991 8/
Ditto 41 per Cent. 1860 .. , B7l
Mexican 3 per Cent .. 221 2
New Grenada Active, 31 per Cent.
Russian 5 per Cent. 1822, £ St ..
Ditto 41 per Cent,
Fanlinian 5 per Cent.
Spanish 3 per Cent .... 481
'I urkish 6 per Cent • •
Ditto New Loan
Ditto Account
Dividends on the above payable in London.
rielmcrntese, 5 per Cent., Ex. 25 francs 7ll
TWO O'CLOCK.

Consols, Money ........
90
:Ditto Account

lIIIPORIANr DISCOVERY.

Mr. T. Dawson, Medical Officer, North Isles, in a
letter to a contemporary, says—On the 28th of st
June last Captain Rhodes, of the cod smack Resolu-
tion, of London, accompanied by the Adventure,
Captain Gardener, of Gravesend, returned here :LC
from the Faroe Islands and Iceland, clean, after a st(
trial of six weeks, reporting that the fishing at st(
Faroe this year was.a failure, and all the smacks I
had gone to Iceland, where the fish were very scarce I
also and in very poor condition; and he informed
the writer that he now intended to go and try a
place called Rockall, 360 miles west by south of
11
this island, and his reason for going there in prefer- 13t1
ante to remaining in Iceland arose from the follow- st 4
ing conversation he had with the mate of an Irish :
'Vessel about 15 years ago. They had been mess- stA
mates together some years before that, in a man-of- :I:
war, and upon Captain Rhodes informing his old ,t,
Comrade that he was captain of a cod smack and went
every summer to the North Sea to fish cod—" The :tt
North Sea be blowed !" says the ancient mariner, st
" you don't know where to catch cod, you don't.
Go to Rockall, where there is a bank, 80 miles in
length, swarming with fish. I have been two or
three times becalmed there, and caught cod as big
as donkeys and as plenty as blackberries." Upon it
that information Captain Rhodes acted. He had mi
often thought of trying it, but it is a lonely place to it
go to alone. St. Kilda being the nearest land, and 23
that 130 miles off; so he persuaded Capt. Gardener
to accompany him. Accordingly the -two vessels
sailed from here on the 2d of Y' jul
and to
consignthe t
fishing,
fisl
astonishment of the curer to whom they et
fish here and all conversant with cod-
' y
returned again on' the 13th of July, the one '
havinge
caught nearly 15, the other 12 tons of the largest st
cod-fish ever seen, many of them weighing when 8
e:'
caught lcwt., thus having (in value here) each
caught about £lOO worth of cod in five days' st
fishing. s
st
Captain Rhodes informs me that they caught the st
fish as fast as they could bait and haul, and when 581
any of the cod escaped from the hook great mon-
strous sharks, as blue as if painted with a brush,
darted round the ship's side, and swallowed them
in an instant. The very sea-birds were tame, evi-
dently never having been disturbed there by man,
Some of them flying abroad and eating the offal.
The livers of the cod, he states, were also. very
rich, and produced large quantities of oil. I have
examined the cod ; they are very large and very
thick ; the tusks are very thick and fat, but shorter
than usual, while the ling are the same as those
caught at other places. This solitary rock in
the ocean, which will for a time become the
.E 1 Dorado of our cod smacks, rises about the
height of a ship above the sea, and over it in a
storm the waves leap wildly, singing the requiem
Of many a gallant ship whose fate has been un-
known, or for whose loss an iceberg has no doubt
been falsely accused.
The two vessels have again started for the fish-
ing-ground, and when they return I will forward
more particulars of their success, and Captains
Rhodes and Gardener will be most happy to give
every information for the guidance of others.
.P.S.—I think it would pay a company to send
out a vessel along with the smacks for the purpose
Of collecting the offal, tons of which must be thrown
into the sea. The heads, back-bones, and intestines,
mixed up with the peat dust of Ireland, would make
manure in the course of a few months far surpass-
lug in richness the best guano ever tried.

We understand that, according to present ar-
rangements, the Queen and the Prince Consort, sworn-
Panied by the Princess Alice, will leave Osborne on the
20th proximo for their tour in Ireland.
His Royal Highness the Prince ConsoTt and his
Royal Highness the Crown Prince of Prussia are expected
to arrived at Buckingham Palace to-day from Osborne. ,
His Excellency the Belgian Minister and Madame
'an de Weyer and family leave town on Thursday for New
Lodge, Windsor Forest.
The Duke and Duchess of Manchester left town
Yesterday to join the circle about to assemble on a visit to
the Countess Cowper at Wrest Park, Bedfordshire.
PUBLIC OFFICES EXTENSION.—The work of de-
lition for the new public offices has been commenced,
and houses inDuke-street and Charles-street, Westminster,
41'e rapidly disappearing. Yesterday workmen were busily
engaged in pulling them down. The buildings in course of
r e4loval comprise a portion of the east side of Duke-street,
the north side of Charles-street, and the sofith side of
Crown-street.
sorb.. -street. this will open a large space of ground to the
seuted
will be
of where the Foreign-office now stands, and which
be rendered available for the proposed new buildings.
A ina •
88tve silver snuff-box was last night pre`
by his to Quartermaster-Sergeant James Conroy,
brother non-commissioned officers, on. his re-
tiring, after 2l a service of years.