The Sun.
London, England, 1852-09-23 00:00:00

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50

MONEY and COMMERCIAL NEWS
CITY, TWO O'CLOCK.

The sales of Cotton at Liverpool yesterday were esti-
mated at 6,000 bales, of which 500 American were taken
on speculation. The market was tame and closed flatly.
The sales comprised 5,000 American, 150 Pernam and
Maranham at 6,'-id. to 71d., 20 Bahia at 68d.2 150 Egyp-
tian at 51d. to Bd., and 600 Surat at 4d. to 41d. per lb.—
Railway Shares were dull.
The steamer Parana, with the West India mails,
brings 1,496,750 dollars in specie.
There appears to be considerable difference of
opinion in the West India colonies upon the sub-
ject of emigration. On the one hand it is asserted
that the salaries of the planters and other Europeans
engaged, have been cut down to the lowest point, while
on the other it is affirmed by some of the attornies that
they do not mean to reduce, and only wish the circum-
stances of the estates would allow of raising the income
of those in their employment, We must draw our con-
clusion, however, that there is some reason for
dissatisfaction, though not so general as as-
serted, for many young men were resolved
to quit Jamaica for Australia. Considering the want of
enterprise and capital there, and the temptation of the
new gold fields, we cannot feel surprised at this. At a
meeting of the intending emigrants, they passed the fol-
lowing, rmong other resolutions:—
"Resolved—That, impugned as the motives and
intentions of the members of this association have
been, ,they refer to the above dispassionate state-
ment of facts in full justification of the steps they
have taken, and while they would most earnestly
desire to remain in Jamaica, regret most sincerely that
the island holds out for them no prospect for their con-
timuance. They therefore—urging no man to leave his
employment—seeking no combination to that end, and
once more discarding all idea of intimidation to their
employers, will bo happy if they can, by numbers,
achieve their passage to Australia at the cheapest pos-
sible rate, and invite any party intending to proceed
there to join them without delay."
Very heavy rains had fallen in Jamaica. In some
parishes as much as 1,200 gallons per acre, when the
showers were heaviest. The sugar crop in Trelawny
would be considerably less than expected, owing to the
long drought, and the next crop, it is said, will not be
any better. On some properties the cane fields were
completely burnt up. The whole crop in Jamaica for
1852 is estimated at 28,000 hogsheads.
From Demerara the reports about the weather are
very encouraging. One party writes that—
"As if to compensate in some measure for the low
price of sugar, the scarcity of labour, and the indiffer-
ence of the home Government to our future, we have
had, since the beginning of the year, weather of the
most benignant kind for the growing crops.
Rain and sunshine have succmded each other
in the precise rotation want3d, and the con-
sequence is, that the crops up to the date are largely
in excess of last year, and there is a likelihood, or
rather an extreme probability that the aggregate of the
three countries will, for the year, reach 54,000 or 55,000
hogsheads. Sugar, however, and its congeners, rum and
molasses, are our only exportable produce, the quan-
tity of coffee now growing being insufficient for our own
consumption."
There is a ship arrival from the Cape of Good Hope,
but her dates are not later.

Tho Hooghly, from Port Philip, does not bring later
nows, but has 6,643 ounces of gold on board.

The Bank of England weekly return to Saturday next
will, it is expected, not exhibit any important alteration,
in the bullion.

This being the " White Fast" is a strict holiday with
the Jews.

A communication has been forwarded by the com-
mittee of Spanish American bondholders with respect
to the debt of the Republic of Ecuador, from Mr. Pao-
catta, their commissioner at Guayaquil, who writes thus:
—" Since my last respects of the 20th I have received
the enclosed dispatch from the President Urbina, which I
now forward. At present the Assembly are engaged
with the Constitution; but ere long I think The
Public Credit' will be brought forward, when I shall
be on the alert to get such articles inserted as will tend
to bring forth a favourable result to my mission. The
Flores affair is concluded. The ships are:lying disarmed
at Paita; most of the chiefs are there."
The dispatch of the President above referred to states
his willingness to do all in his power for the obtain-
ment of an honourable satisfaction of the claims on the
Republic.
There is a very firm market for Public Securities,
hut with as little business doing as for some time past,
Consols have been quoted 100 k to for Transfer, and
100 k to for Account. South Sea Stock is worth 1114,
Exchequer-bills of March have been at 745. premium.
Consols now are 100 k I for Account, and 100 to k for
Money.
Foreign Securities have been about the same as
yesterday, and the only stock in which activity
prevails is Spanish. The Three per Cents. have
been 50 to and the Deferred 23it to 4.3, sellers
predominating. The Passive Converted Stock is at 6k.
Portuguese Small Bonds have been marked 384. Mexi-
can Bonds have ,been 25 5-11, Grenada Deferred 12,
and Buenos Ayres Tho Scrip of the Turkish Loan
is out, and alter being al -2, it is now 94 to premium.
Belgium Four-and-a-Llalf per Cents, have been at 081.
and Dutch Two-and-a-Half per Cents. at 65.
At Amsterdam, on the 21st instant, business was
quieter in Stocks.
Thu Railway Share Market has been rather heavy'
wish a few exceptions, epttish ceong aro dearer, Owl